A One Health framework to assess the economic returns on investment in livestock antimicrobial stewardship. [PDF]
Acosta A +5 more
europepmc +1 more source
Identification and Estimation of Large Network Games with Private Link Information
ABSTRACT We study the identification and estimation of large network games in which individuals choose continuous actions while holding private information about their links and payoffs. Extending the framework of Galeotti et al., we build a tractable empirical model of such network games and show that the parameters in individual payoffs are ...
Hülya Eraslan, Xun Tang
wiley +1 more source
European sovereign debt control through reinforcement learning. [PDF]
Khundadze T, Semmler W.
europepmc +1 more source
Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline
ABSTRACT Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically infeasible in field studies. We use a lab‐in‐the‐field experiment with 645 microcredit borrowers to cleanly identify the effect of repayment ...
Kristina Czura, Anett John, Lisa Spantig
wiley +1 more source
How urban residential land transfer policies affect the housing market-evidence from Beijing, China. [PDF]
Li C, Wang D, Liang W, Zhang F.
europepmc +1 more source
The Legacy of Policy Inaction in Climate‐Growth Models
ABSTRACT To better understand the structure and core mechanisms of a broad class of climate‐growth models, we study a simplified version of the dynamic integrated model of climate and the economy (DICE) through the lens of growth theory. We analytically show that this model features a continuum of saddle‐point stable steady states.
Thomas Steger, Timo Trimborn
wiley +1 more source
Heat stress causes economic and welfare disparities across agroecological zones in Burkina Faso. [PDF]
Houessou MAK +4 more
europepmc +1 more source
Pairwise Imitation and Tournament Graphs
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
The short-term economic influence analysis of government regulation on railway freight transport in continuous time. [PDF]
Guo J, Guo J, Kuang T, Wang Y, Li W.
europepmc +1 more source
How Important Is the Home Market for Cross‐Listed Biotech Companies?
ABSTRACT This study investigates five German biotechnology firms cross‐listed on XETRA and NASDAQ. By employing high‐frequency data, we estimate both bivariate and trivariate vector error correction models—the latter explicitly accounting for exchange rate dynamics—to assess which market, domestic or U.S., leads in price discovery.
Theodore Panagiotidis, Pavlos Tsiokas
wiley +1 more source

