Heterogeneous associations of health expenditure, environmental pollution, and economic growth on life expectancy in BRICS economies. [PDF]
Ridwan M +6 more
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
Detailed examination of a double-dividend case in a recent two-engine growth model. [PDF]
Hosoya K.
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
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
Game analysis of green finance assisting enterprises in carbon reduction under the participation of four parties. [PDF]
Wang J, Liu X, Duan H, Wang L.
europepmc +1 more source
College Financial Aid Application Frictions
ABSTRACT We document that 11 percent of recent U.S. high school graduates did not apply for federal student aid due to difficulty in applying, mistaken beliefs, or lack of awareness. Not applying due to such application frictions negatively predicts college enrollment after controlling for other attributes.
Emily G. Moschini +1 more
wiley +1 more source
Medical insurance and its impact on tourism: evidence from Vietnam. [PDF]
Wu H, Van Trung H.
europepmc +1 more source
Signaling Vision: Knowing When to Quit
ABSTRACT We study a signaling game where agents signal their type by choosing when to quit pursuing an uncertain project. High types observe news about project quality and quit when bad news arrives. Low types who do not observe any news may mimic high types by quitting continuously over a phase of time.
Junichiro Ishida, Wing Suen
wiley +1 more source
Graph attention-based heterogeneous multi-agent deep reinforcement learning for adaptive portfolio optimization. [PDF]
Zhang B.
europepmc +1 more source

