Results 61 to 70 of about 9,446 (176)
How Does Progressivity Affect the Tax Cut Multiplier?
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
ABSTRACT We develop a unified theory of blockholder governance and the voting premium in a setting without takeovers or controlling shareholders. A voting premium emerges when a minority blockholder can influence shareholder composition by accumulating votes and buying shares from dissenting shareholders.
DORON LEVIT, NADYA MALENKO, ERNST MAUG
wiley +1 more source
Choosing Your Nonmonotonic Logic: A Shopper’s Guide [PDF]
The paper presents an exhaustive menu of nonmonotonic logics. The options are individuated in terms of the principles they reject. I locate, e.g., cumulative logics and relevance logics on this menu.
Hlobil, Ulf
core
In this paper, by adopting a coherence-based probabilistic approach to default reasoning, we focus the study on the logical operation of quasi conjunction and the Goodman-Nguyen inclusion relation for conditional events.
Gilio, Angelo, Sanfilippo, Giuseppe
core +1 more source
Innovation and Structural Design in Regionalized Supply Networks
ABSTRACT Regionalization is reshaping global supply networks (SNs) as firms respond to geopolitical, economic, and institutional pressures. Yet extant research has not examined how patterns of structural adaptation associated with regionalization may influence innovation. In this paper, we develop a typology of three theoretically grounded archetypes: (
Kevin J. Dooley +2 more
wiley +1 more source
Revisiting Chase Termination for Existential Rules and their Extension to Nonmonotonic Negation [PDF]
Existential rules have been proposed for representing ontological knowledge, specifically in the context of Ontology- Based Data Access. Entailment with existential rules is undecidable. We focus in this paper on conditions that ensure the termination of
Baget, Jean-François +3 more
core +1 more source
Logical problems with nonmonotonicity
A few years ago, believing that human thinking is nonmonotonic, I tried to reconstruct a nonmonotonic reasoning by application of two monotonic procedures. I called them “step forward” and “step backward” (see [4]). The first procedure is just a consequence operation responsible for an extension of the set of beliefs.
openaire +1 more source
Two‐Dimensional Reconfigurable Photodiode for In‐Sensor Color Filtering and Spectral Logic
By harnessing the photodoping of different aggregates, the device exhibits wavelength‐dependent volatile‐to‐nonvolatile photoresponses that can be reconfigured via bias modulation. This enables in‐sensor color filtering and spectral‐encrypted information processing, eliminating reliance on external optical filters or post‐processing algorithms ...
Xiaokun Guo +7 more
wiley +1 more source
Defeasible Reasoning in Islamic Legal Theory
There is a common understanding among logicians today that nonmonotonic types of reasoning, such as defeasible or presumptive, can clearly warrant a rational acceptance of its conclusion.
Muhammed Komath
doaj +1 more source
Ambiguity Aversion, Portfolio Choice, and Life Expectancy
ABSTRACT This paper studies how wealth and aging affect portfolio choices in a life‐cycle model with ambiguity aversion. Ambiguity aversion implies wealthier and older agents are endogenously more optimistic about risky asset returns, relative to poorer/younger agents. As life expectancy grows, old agents become even more optimistic, while young agents
Alistair Macaulay, Chenchuan Shi
wiley +1 more source

