Showing 1 - 10 of 17
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818526
Key economists for the government and for the Microsoft Corporation lay out their views on the key issues and then respond to the views presented by the opposing side.
Persistent link: https://www.econbiz.de/10010949230
This volume brings togetheressays that critique recent U.S. agriculture policy and propose alternatives to the current regulatory regime.
Persistent link: https://www.econbiz.de/10011273236
This volume investigates the potential performance of the Kyoto Protocol's international trading mechanisms in the presence of diverse types of domestic greenhouse policy instruments.
Persistent link: https://www.econbiz.de/10011273238
In many intermediate goods markets buyers and sellers both have market power. Contracts are usually long-term and negotiated bilaterally, codifying many elements in addition to price. We model such bilateral oligopolies as a set of simultaneous Rubenstein-Stahl bargainings over contracts...
Persistent link: https://www.econbiz.de/10005670108
The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these … trade occurs at any moment if the countries have different numbers of intermediate varieties. The country with a larger …
Persistent link: https://www.econbiz.de/10005670111
Persistent link: https://www.econbiz.de/10005671122
trade. Utility-maximizing agents opt between careers in specialized production and careers in predation. Three types of …
Persistent link: https://www.econbiz.de/10005486504
trade expansion. Specifically, we present a stages-of-growth model in which the four phenomena are jointly endogenous and …
Persistent link: https://www.econbiz.de/10005639328
This paper considers a small open economy where an input-output industrial structure, scale economies and imperfect competition, create vertical linkages and multiple equilibria. In this environment, an imperfect labor market is introduced by assuming unionized labor. It is shown that if the...
Persistent link: https://www.econbiz.de/10005639333