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Citizen Laboratories as Scenarios of Cultural and Political Democratization
Social Sciences, 2023 The inefficiency of states in meeting their populations’ needs poses a deterrent to citizen participation. Within this context, an inquiry into the impact of citizen laboratories on urban governance becomes pertinent. Democracy necessitates innovation to
Francisco Luis Giraldo Gutiérrez +3 more
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Inefficient Equilibrium Unemployment in a Duocentric Economy with Matching Frictions [PDF]
SSRN Electronic Journal, 2013 This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms.
Etienne LEHMANN +2 more
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Common-Pool Resources are intrinsically unstable
International Journal of the Commons, 2017 Efficient allocations in common-pool resources cannot be accomplished when appropriators are selfish. In addition, we find that a system of a common-pool resource is locally unstable if there are four or more appropriators.
Tatsuyoshi Saijo +2 more
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Recent advances of the thermodynamic behavior of tin species in aqueous solution [PDF]
Journal of Mining and Metallurgy. Section B: Metallurgy, 2023 Thermodynamic behavior has been extensively used to evaluate the stability of materials and predict the direction of the chemical reaction at different pH values, temperatures, potentials, and ion concentrations.
Yang D.-R. +6 more
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Inefficient equilibria in transition economy
Discrete Dynamics in Nature and Society, 1999 The paper studies a general equilibrium in an economy where all market participants face a bid-ask spread. The spread may be caused by indirect business taxes, middlemen rent-seeking, delays in payments or liquidity constraints or price uncertainty ...
Sergei Guriev, Igor Pospelov
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Analysis of choked two-phase flows of gas and particle in a C-D nozzle
Theoretical and Applied Mechanics Letters, 2017 Particle–gas two-phase flows show significantly different behaviors compared to single gas flow through a convergent–divergent nozzle. Non-equilibrium effects, thermal and velocity lag results to the inefficiency of nozzle performance.
Guang Zhang, Heuy Dong Kim, Ying Zi Jin
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Energies, 2023 Developing renewable energy has become a major strategy for China to accelerate the energy transition and combat climate change. Accordingly, a guarantee mechanism for renewable energy consumption with renewable portfolio standards (RPS) has been set in ...
Yang Tang +5 more
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Generic inefficiency of stock market equilibrium when markets are incomplete [PDF]
Journal of Mathematical Economics, 1990 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
John Geanakoplos +3 more
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Journal of Marine Science and Engineering, 2023 In the existing literature, an optimal time-varying toll scheme has been proposed for the Suez Canal to address the inefficiency of numerous ships queuing and waiting at the anchorage area to enter the canal.
Chen-Hsiu Laih
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Absolute vs. relative success: Why overconfidence is an inefficient equilibrium [PDF]
, 2021 Overconfidence is one of the most ubiquitous biases in the social sciences, but the evidenceregarding its overall costs and benefits is mixed. To test the possibility that overconfidence mightyield important relative benefits that offset its absolute costs, we conducted an experiment (N=298university students) in which pairs of participants bargain ...
Ke, Changxia +3 more
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