Results 121 to 130 of about 1,010,230 (258)
Preference changes and index number theory
Journal of Economic Surveys, EarlyView.Abstract The economic approach to the cost of living index assumes that consumer preferences remain constant over time. This assumption poses little risk in calculating a short‐run intertemporal bilateral price index. The assumption, however, breaks down in the case of a fixed‐based time series index spanning a long period and in the context of ...
Thu Huyen Le, Kam Yu
wiley +1 more source
Boundedly rational versus optimization-based models of strategic thinking and learning in games [PDF]
, 2014 The paper is a comment on the article by R. Harstad and R. Selten and considers the tradeoff between bounded rationality and optimization models in the game-theoretic context.
Crawford, VP
core
Beyond fads and magic bullets: The promise of behavioral approaches in development economics
Journal of Economic Surveys, EarlyView.Abstract The history of development economics has been portrayed as a succession of fads and magic bullets. This study inquires whether behavioral approaches to economic development are destined to become such a fad or whether they have long‐lasting contributions to offer.
Svenja Flechtner
wiley +1 more source
Impurity radiation seeding of neoclassical tearing mode growth [PDF]
arXivThe physics of neoclassical tearing mode (NTM) is of great concern to the tokamak plasma stability and performance, especially in the burning plasma regime. Whereas a great deal about the different seeding mechanisms have been understood, and in many situations the seed event can be clearly identified, the potential seeding process of NTM due to the ...
arxiv
The Heckscher-Ohlin Model with Monopolistic Competition and General Preferences
, 2017 I extend the neoclassical 2x2x2 trade model to general preferences over a variety of goods supplied under monopolistic competition in a sector while the other sector is perfectly competitive.
Federico Etro
semanticscholar +1 more source
Reformulating the Critique of Human Capital Theory
Journal of Economic Surveys, EarlyView.ABSTRACT Despite criticism, human capital theory (HCT) has remained central for six decades to the teaching and practice of economics. This paper reformulates the critique of HCT, focusing on two aspects that are typically relegated to the margin.
Paul Auerbach, Francis Green
wiley +1 more source
Market Potential, Road Accessibility, and Firm Births: Evidence From 20 Years of Road Investment
Journal of Regional Science, EarlyView.ABSTRACT This paper investigates the causal effects of road accessibility, measured by market potential, on firm births in Portuguese municipalities between 1991 and 2016, a period marked by significant road improvements. We address the endogeneity of market potential by employing instrumental variables within Poisson Pseudo‐maximum Likelihood ...
Mauricio S. de Carvalho +4 more
wiley +1 more source
Strong gradient effects on neoclassical electron transport and the bootstrap current [PDF]
arXivStandard approaches to neoclassical theory do not extend into regions of strong gradients in tokamaks such as the pedestal and internal transport barriers. Here, we calculate the modifications to neoclassical electron physics inside strong gradient regions of large aspect ratio tokamaks.
arxiv
On the Relative Contributions of National and Regional Institutions to Economic Development
Journal of Regional Science, EarlyView.ABSTRACT Institutional quality is recognized as a fundamental driver of long‐run growth (Acemoglu et al. 2005) and it has been widely studied at both country and regional levels in the economic growth literature. Nevertheless, the literature is scant on the question of how this relationship behaves when the hierarchical structure of regions and ...
Daniel Aparicio‐Pérez +3 more
wiley +1 more source
Do Labor Markets Provide Enough Short Hour Jobs? An Analysis of Work Hours and Work Incentives [PDF]
This paper examines the role that work incentives play in the determination of work hours. Following previous research by Lang (1989), we use a conventional efficiency wage model to analyze how firms respond to worker preferences regarding wage-hours ...
James B. Rebitzer, Lowell J. Taylor
core