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When Beliefs About Future Create Future - Exploitation of a Common Ecosystem from a New Perspective
Wiszniewska-Matyszkiel, Agnieszka - In: Strategic Behavior and the Environment 4 (2014) 3, pp. 237-261
In this paper, a model of an ecosystem influenced by a large human population is presented. It is modelled by a discrete time dynamic game with many players and a simple dynamics. The paper proposes a new way to look at the problems of exploitation of ecosystems by many users — using the...
Persistent link: https://www.econbiz.de/10010885178
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Speculative fever : investor contagion in the housing bubble
Bayer, Patrick J.; Mangum, Kyle; Roberts, James W. - 2016
Historical anecdotes of new investors being drawn into a booming asset market, only to suffer when the market turns, abound. While the role of investor contagion in asset bubbles has been explored extensively in the theoretical literature, causal empirical evidence on the topic is virtually...
Persistent link: https://www.econbiz.de/10011524199
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Modelos de mercado: una aplicación de la Teoría de Colas
PARRA FRUTOS, I.; ARANDA GALLEGO, J. - In: Estudios de Economía Aplicada 11 (1999) Febrero, pp. 121-142
En este trabajo realizamos una revisión de los modelos de mercado (monopolio, duopolio y competencia perfecta) en los que se ha utilizado la teoría de colas. El uso de la teoría de colas permite tratar modelos más realistas al describir la demanda y la producción a través de procesos...
Persistent link: https://www.econbiz.de/10005549569
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Encouraging Environmentally Sustainable Growth in Poland
Peszko, Grzegorz; Lenain, Patrick - Economics Department, Organisation de Coopération et … - 2001
This paper reviews several aspects of Poland’s environmental policies. Its main finding is that substantial progress has been made in dealing with the environmentally unfriendly legacy from the past. Poland has successfully combined emission permits based on environmental quality standards,...
Persistent link: https://www.econbiz.de/10005046104
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Comment encourager une croissance écologiquement durable en France ?
Vourc'h, Ann; Lenain, Patrick - Economics Department, Organisation de Coopération et … - 2001
Ce document analyse certains aspects économiques de la politique de l'environnement en France, en se concentrant sur les émissions de gaz à effet de serre, la pollution de l'eau et les rejets dans l'air en milieu urbain. Comme la plupart des autres pays de l'OCDE, la France cherche depuis...
Persistent link: https://www.econbiz.de/10005046190
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Economic Growth, Environmental Issues and Trade
Anderson, Kym - C.E.P.R. Discussion Papers - 1993
in an attempt to impose one's own standards on another country's environment, or when trade liberalization is opposed by … coal and food, trade liberalization could well improve rather than worsen the global environment. …
Persistent link: https://www.econbiz.de/10005497787
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Applications of Dynamic Games to Global and Transboundary Environmental Issues: A Review of the Literature
Van Long, Ngo - In: Strategic Behavior and the Environment 2 (2012) 1, pp. 1-59
This paper surveys three areas of applications of dynamic games: (i) transboundary pollution, (ii) exploitation of transboundary resources, and (iii) problems of the developing world: capital flights, foreign aid, war and peace. A refresher section introduces the basic ideas and solution...
Persistent link: https://www.econbiz.de/10010698743
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Dynamic beliefs
Macera, Rosario - In: Games and Economic Behavior 87 (2014) C, pp. 1-18
optimal timing of productivity bonuses, I find that a decreasing path of beliefs reduces the cost of providing incentives …
Persistent link: https://www.econbiz.de/10010931203
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Awards unbundled: Evidence from a natural field experiment
Ashraf, Nava; Bandiera, Oriana; Lee, Scott S. - In: Journal of Economic Behavior & Organization 100 (2014) C, pp. 44-63
Organizations often use non-monetary awards to incentivize performance. Awards may affect behavior through several mechanisms: by conferring employer recognition, by enhancing social visibility, and by facilitating social comparison. In a nationwide health worker training program in Zambia, we...
Persistent link: https://www.econbiz.de/10010753267
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Ambiguous incentives and the persistence of effort: Experimental evidence
Hogarth, Robin M.; Villeval, Marie Claire - In: Journal of Economic Behavior & Organization 100 (2014) C, pp. 1-19
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … regime shift by withdrawing monetary rewards after the same unknown number of periods. In such an ambiguous environment, we … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater …
Persistent link: https://www.econbiz.de/10010753269