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Non-linear strategies in a linear quadratic differential game

Rowat, Colin - EconWPA - 2005

We study non-linear Markov perfect equilibria in a two agent linear quadratic differential game. In contrast to the literature owing to Tsutsui and Mino (1990), we do not associate endogenous subsets of the state space with candidate solutions. Instead, we address the problem of unbounded-below...

Persistent link: https://www.econbiz.de/10005125611

The choice on sustainability: information or the meta-SWF approach to a shift of preferences (with some corrections)

Cool, Thomas - EconWPA - 2000

If an economic system has a regime switch, then we could assume that the preferences have remained basically the same, but that only the state of information has changed. An alternative view is that there has been a shift of preferences, as for example individual persons can change their mind...

Persistent link: https://www.econbiz.de/10005556121

RESOURCE INTRA-ACTIONS AND INTER-ACTIONS: IMPLICATIONS FOR TECHNOLOGICAL CHANGE AND ECONOMIC GROWTH

Amavilah, Voxi Heinrich - EconWPA - 2005

W. Arthur Lewis’s distinction between factors and forces of production, and Paul Romer’s insightful identification of the poverty of objects and the lack of ideas, as central to economic growth rate differences across economies, have enriched economic growth theory. However, both object-...

Persistent link: https://www.econbiz.de/10005556726

Measuring Eco-efficiency of Production: A Frontier Approach

Kortelainen, Mika; Kuosmanen, Timo - EconWPA - 2004

Eco-efficiency of production is an important concept both from the viewpoint of society and business community; but as yet, there is no unambiguous way to its measurement. The purpose of this paper is to present a general measurement framework based on production theory and the activity analysis...

Persistent link: https://www.econbiz.de/10005119199

THE TERMS OF TRADE FOR COMMODITIES IN THE TWENTIETH CENTURY

Ocampo, Jose Antonio; Parra, Maria Angela - EconWPA - 2004

This paper looks at the evolution of the terms of trade between commodities and manufactures in the twentieth century. A statistical analysis of the relative price series for 24 commodities and of eight indices reveals a significant deterioration in their barter terms of trade over the course of...

Persistent link: https://www.econbiz.de/10005119305

"Community Control in a Global Economy: Lessons from Mexico's Economic Integration Process"

Wise, Tim; Waters, Eliza - EconWPA - 2001

process responded to the challenges and opportunities posed by globalization? Based on a collaborative research project … between U.S. and Mexican researchers, the authors provide an overview of the existing English-language research on the subject … and suggest a research agenda to assess adaptive strategies and to draw from those experiences lessons for the …

Persistent link: https://www.econbiz.de/10005408020

Review of the Gas Access Regime

Commission, Productivity - EconWPA - 2004

The Commission was asked to review the National Third Party Access Regime for Natural Gas Pipelines. The review sought to assess the benefits and costs of the Regime, including its effects on investment. The Commission’s preliminary findings were released for public comment in December 2003...

Persistent link: https://www.econbiz.de/10005561783

Assessing Environmental Regulatory Arrangements for Aquaculture

Commission, Productivity - EconWPA - 2004

This paper discusses the appropriateness, efficiency, and effectiveness regulatory arrangements covering aquaculture …

Persistent link: https://www.econbiz.de/10005118895

Implementation of ecologically sustainable development by Commonwealth departments and agencies

Commission, Productivity - EconWPA - 2001

On 24 August 1998 the Treasurer referred the implementation of Ecologically Sustainable Development (ESD) by Commonwealth departments and agencies to the Commission for inquiry and report within nine months of receipt of the reference.

Persistent link: https://www.econbiz.de/10005556154

Evaluating the New Zealand Individual Transferable Quota Market for Fisheries Management

Kerr, Suzi; Newell, Richard; Sanchirico, Jim - EconWPA - 2003

fashion and that the markets are relatively efficient. We do not find major changes in participation in these fisheries as a … result of the system. We find evidence that suggests that the ITQ system is improving the profitability of fisheries in New …

Persistent link: https://www.econbiz.de/10005556161