Showing 1 - 10 of 94
Traditionally, national governance and corruption challenges have been seen as: i) particularly daunting in the poorer … institutions, iii) a challenge within public sectors, and, iv) divorced from global governance or security issues - seen as … governance constraints, and corruption in particular, is a key determinant of a country's global competitiveness. These findings …
Persistent link: https://www.econbiz.de/10005408399
This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time … of governance, drawn from 25 separate data sources constructed by 18 different organizations. We assign these individual … measures of governance to categories capturing key dimensions of governance, and use an unobserved components model to …
Persistent link: https://www.econbiz.de/10005561191
better quality of governance leads to better development outcomes. …This paper attempts to propose a methodology to combine different dimensions of governance indicators into a composite … index. The governance index is computed as the weighted average of principal components of the standardized governance …
Persistent link: https://www.econbiz.de/10005118765
Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Starting from initial conditions, specified by the modeler, the computational economy evolves over time as its constituent agents repeatedly interact...
Persistent link: https://www.econbiz.de/10005076916
process of development, shedding new light on the origin of the remarkable rise in life expectancy since the Agricultural …
Persistent link: https://www.econbiz.de/10005125645
This paper proposes an evolutionary betting mechanism that refers to scientists' academic reputation. The mechanism provides incentives for theoretical and empirical researchers to work on joint projects, thereby producing more general findings and stylized facts that can be used in giving...
Persistent link: https://www.econbiz.de/10005126068
and evolution of trade networks by means of real-time animations. Data tables and charts reporting descriptive performance …
Persistent link: https://www.econbiz.de/10005134562
We develop a general model of best response adaptation in large populations for symmetric and asymmetric conflicts with role-switching. For special cases including the classical best response dynamics and the symmetrized best response dynamics we show that the set of Nash equilibria is...
Persistent link: https://www.econbiz.de/10005062353
Evolutionary arguments are often used to justify the fundamental behavioral postulates of competive equilibrium. Economists such as Milton Friedman have argued that natural selection favors profit maximizing firms over firms engaging in other behaviors. Consequently, producer efficiency, and...
Persistent link: https://www.econbiz.de/10005062752
This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained … economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of … and development. The inconsistency of non-unified growth models with the main characteristics of the process of …
Persistent link: https://www.econbiz.de/10005062763