Now showing items 179-198 of 299

  • On modelling pollution-generating technologies 

    Murty, Sushama; Russell, R. Robert; Levkoff, Steven B. (Elsevier, 2012-07)
    We argue analytically that many commonly used models of pollution-generating technologies, which treat pollution as a freely disposable input or as a weakly disposable and null-joint output, may generate unacceptable ...
  • On the evolutionary selection of sets of Nash equilibria 

    Balkenborg, Dieter; Schlag, Karl H. (Elsevier, 2007-03)
    It is well known for the common multi-population evolutionary dynamics applied to normal form games that a pure strategy combination is asymptotically stable if and only if it is a strict equilibrium point. We extend this ...
  • On the income dependence of equivalence scales 

    Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich (Elsevier, 2005-06)
    Household consumption exhibits economies of scale as the number of household members increases. We collect survey data from two countries, Germany and France, in order to obtain direct subjective estimates of household ...
  • On the membership of decision making committees 

    Bulkley, George; Pearson, Bernard; Myles, Gareth D. (Springer, 2001-01)
    The decision of a committee is determined jointly by the votingprocess it adopts and the composition of its membership. The paper analyses the process through which committee members emerge from the eligiblepopulation and ...
  • On the properties of an emission-generating technology and its parametric representation 

    Murty, Sushama (Springer Verlag, 2015-04-24)
    We propose a set of comprehensive axioms that seek to capture our intuitive understanding of the properties of an emission-generating technology (EGT). We show that an EGT that satisfies these axioms can be parametrically ...
  • Optimal allocation without transfer payments 

    Chakravarty, Surajeet; Kaplan, Todd R. (Elsevier, 2013-01)
    Often an organization or government must allocate goods without collecting payment in return. This may pose a difficult problem either when agents receiving those goods have private information in regards to their values ...
  • Optimal allocation without transfer payments 

    Chakravarty, Surajeet; Kaplan, Todd R. (University of Exeter Business School, 2010-02)
    Often an organization or government must allocate goods without collecting payment in return. This may pose a difficult problem either when agents receiving those goods have private information in regards to their values ...
  • Optimal growth and uncertainty: learning 

    Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc (Elsevier, 2009-01)
    We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about ...
  • Optimal monetary policy with endogenous export participation 

    Cooke, Dudley (University of Exeter Business School, 2012)
    This paper studies two often cited benefits of international monetary cooperation - lower inflation and increased international trade. I embed a model of endogenous export participation due to per period export costs within ...
  • Optimal monetary policy with endogenous export participation 

    Cooke, DK (Elsevier for Society for Economic Dynamics, 2015-03-12)
    This paper studies optimal monetary policy in an open economy with firm heterogeneity and monopolistic competition. I consider a two-country dynamic general equilibrium model where firms make decisions to enter and exit ...
  • Optimal rewards in contests 

    Cohen, Chen; Kaplan, Todd R.; Sela, Aner (Centre for Economic Policy Research, 2004-10)
    We study all-pay contests under incomplete information where the reward is a function of the contestant's type and effort. We analyze the optimal reward for the designer when the reward is either multiplicatively separable ...
  • Optimal taxation with risky human capital 

    Kapiĉka, Marek; Neira, Julian (University of Exeter, 2015)
    We study optimal tax policies in a life-cycle economy with risky human capital and permanent ability differences, where both ability and learning effort are private information of the agents. The optimal policies balance ...
  • Optimism and pessimism in games 

    Eichberger, Jürgen; Kelsey, David (University of Exeter, School of Business and Economics, 2006-11)
  • Optimism and pessimism in games 

    Kelsey, David; Eichberger, Jürgen (Wiley, 2014-05)
    This article considers the impact of ambiguity in strategic situations. It extends the existing literature on games with ambiguity-averse players by allowing for optimistic responses to ambiguity. We use the CEU model of ...
  • Optimum compliance costs and tax simplification 

    James, Simon; Edwards, Alison (Economic and Social Research Council, 2007)
    Tax systems have to achieve a range of aims and objectives and to do so in a complex and changing social and economic environment. There may be good reasons why research might focus on particular issues without relating ...
  • Optimum tariffs and retaliation: how country numbers matter 

    Zissimos, Ben (Elsevier, 2009)
    This paper identifies a new terms-of-trade externality that is exercised through tariff setting. A North-South model of international trade is introduced in which the number of countries in each region can be varied. As ...
  • Ordering policy rules with an unconditional welfare measure 

    Damjanovic, Tatiana; Damjanovic, Vladislav; Nolan, Charles (International Journal of Central Banking, 2015-01)
    The unconditional expectation of social welfare is often used to assess alternative macroeconomic policy rules in applied quantitative research. This paper provides a detailed analysis of such policies. It sets out the ...
  • Outside options: another reason to choose the first-price auction 

    Kirchkamp, Oliver; Poen, Eva; Reiß, J. Philipp (Elsevier, 2009)
    In this paper we study equilibrium and experimental bidding behaviour in first-price and second-price auctions with outside options. We find that bidders do respond to outside options and to variations of common knowledge ...
  • Pampered bureaucracy, political stability, and trade integration (journal article) 

    Stroup, JC; Zissimos, BC (Wiley, 2017-03-29)
    This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which in turn influences its economic efficiency. The environment we explore is one in which a country's ...
  • Pampered Bureaucracy, Political Stability, and Trade Integration (working paper) 

    Stroup, C; Zissimos, B (CESifo: Center for Economic Studies & Ifo Institute, 2017-02)
    This paper examines the effect of trade integration and comparative advantage on one of a country’s institutions, which in turn inuences its economic efficiency. The environment we explore is one in which a country’s ...