Results 11 to 20 of about 1,751 (226)
Voracity and Growth Reconsidered [PDF]
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction).
Strulik, Holger, Holger Strulik
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The voracity effect: Comment [PDF]
In an influential article Tornell and Lane (1999) considered an economy populated by multiple powerful groups in which property rights in the formal sector of production are not protected. They obtained conditions under which the groups appropriate output from the formal sector in order to invest it in an informal sector in which productivity is lower ...
Strulik, Holger
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Voracity, growth and welfare [PDF]
This paper explores some implications of the comparison between feedback Nash and Stackelberg equilibria for growth and welfare in a `voracity' model. We show that as compared to the Nash equilibrium, the Stackelberg equilibrium involves a lower growth ...
Kenji Fujiwara
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Voting with Random Classifiers (VORACE) [PDF]
We propose an innovative ensemble technique that uses voting rules over a set of randomly-generated classifiers. Given a new input sample, we interpret the output of each classifier as a ranking over the set of possible classes. We then aggregate these output rankings using a voting rule, which treats them as preferences over the classes.
Cornelio C. +4 more
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Interest in Private Assets and the Voracity Effect [PDF]
Using a differential game, we analyze a multiple agent economy in which there are common and private capital stocks. Each interest group can access the common capital and its own private capital stocks but not anyone else's private capital stocks. Considering the situation in which each interest group can observe and has interest in the opponents ...
Tenryu, Yohei
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We analyse an economy that lacks a strong legal-political institutional infrastructure and is populated by multiple powerful groups. Powerful groups dynamically interact via a fiscal process that effectively allows open access to the aggregate capital stock.
Aaron Tornell, Philip Lane
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For biological control it is necessary to store mass-reared biological control agents when the demand is low. The objective of this study is to increase their shelf life without significantly reducing their fitness. The ladybird Hippodamia variegata is a
Samane SAKAKI +3 more
doaj +1 more source
Our goal has been to determine the effect of the presence of aphids on voracity (measured as number of prey eaten and biomass consumed) of Coccinella septempunctata L.
Éric LUCAS +3 more
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Voracity, growth, and welfare [PDF]
Abstract This paper explores some implications of the comparison between feedback Nash and Stackelberg equilibria for growth and welfare in a ‘voracity’ model. We show that, as compared to the Nash equilibrium, the Stackelberg equilibrium involves a lower growth rate, while it leaves both the leaders and the followers better off, i.e., the ...
openaire +1 more source
Public spending and Wagner’s law in Central and Eastern European countries
This paper provides direct empirical evidence on cyclicality and the long-term and short-term relationship between government spending and output in eight Central and Eastern European countries in a period 1995–2009. We analyzed annual data on government
Irena Szarowská
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