Results 1 to 10 of about 50 (48)
The Microeconomics of Cryptocurrencies [PDF]
Since its launch in 2009 much has been written about Bitcoin, cryptocurrencies, and blockchains. While the discussions initially took place mostly on blogs and other popular media, we now are witnessing the emergence of a growing body of rigorous academic research on these topics.
Halaburda, Hanna+3 more
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Microeconomics of Technology Adoption [PDF]
Differences in technology levels across countries account for a large component of the differences in wages and per-capita GDP across countries worldwide. This article reviews micro studies of the adoption of new technologies and the use of inputs complementary with new technologies to shed light on the barriers to technology diffusion in low-income ...
Andrew D. Foster, Mark R. Rosenzweig
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Toward a Microeconomics of Growth [PDF]
What drives growth at the microeconomic level? The authors divide the factors that determine a location's growth performance into two groups,"1st advantage"and"2nd advantage."The term 1st advantage refers to the conditions that provide the environment in which new activities can be profitably developed, including most of the factors on which ...
Robin Burgess+4 more
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Statistical microeconomics [PDF]
A statistical generalization is made of microeconomics in the spirit of going from classical to statistical mechanics. The price and quantity of every commodity1 traded in the market, at each instant of time, is considered to be an independent random variable: all prices and quantities are considered to be stochastic processes, with the observed market
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The Microeconomics of Monopoly Power [PDF]
The purpose of this paper is to outline a consistent microeconomic theory of the firm based on the concept of monopoly power. It builds on the heritage of Post Keynesian authors, Robinson, Kaldor, and Kalecki, but literally extends the theory in several directions. First, monopoly power is defined formally in terms of substitution.
Thomas Karier, Thomas Karier
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The microeconomics of corruption
We review microeconomic research on corruption from the last 30 years. We start by analyzing the seminal models of corruption built on three-tier, delegation models. Then, we go into more detail on the context of corrupt deals, and discuss the main economic factors that affect corruption. We discuss incentives and compensation in bureaucracies, and the
Burguet, Roberto+2 more
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A note on the microeconomics of migration [PDF]
"The purpose of this note is to demonstrate in a simple model that an individual's migration from a small town to a large city may be rationalized purely by a consumption motive, rather than the motive of obtaining a higher income. More specifically, it is shown that in a large city an individual may derive a higher utility from spending a given ...
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Essays in Applied Microeconomics [PDF]
Dissertation, Universität Duisburg-Essen ...
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This dissertation analyzes problems related to the the economics of incomplete information and to the theory of matching markets. Chapter 1 defines a family of functions that measure the distance between opinions; Chapter 2 investigates how to measure the cost of an experiment; and Chapter 3 studies a model of two-sided matching with countably many ...
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The microeconomics of violent conflict
Abstract In our brief review, we take stock of the emergence, in the last decade, of the “microeconomics of violent conflict” as a new subfield of empirical development economics. We start by de-bunking common misperceptions about the microeconomics of conflict and identify several contributions to economic theory and, in particular, to empirics ...
Verwimp, Philip+2 more
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