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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

CARIBBEAN COURT OF JUSTICE (CCJ): CARIBBEAN INTEGRATION OR DISINTEGRATION?

Jones, Peter W - EconWPA - 2004

“…….As Prime Minister at that time, this was the perspective in which the Government of Jamaica saw the proposed regional court. We did not view it with disfavour, provided a mechanism could be devised to ensure that Judges would be so appointed as to be entirely free of political...

Persistent link: https://www.econbiz.de/10005412515

THE CARIBBEAN COMMUNITY (CARICOM): ORIGINS, ACHIEVEMENTS, THE FUTURE

Jones, Peter W - EconWPA - 2004

The Caribbean Community (CARICOM) in July 2003 celebrated 30 years of the signing of the Treaty of Chaguaramas. We will … look at 30 years of CARICOM in synopsis, the Origins, Achievements and its Future. The Rt. Hon. Owen Arthur , Prime … Minister of Barbados, in giving an overview of the CARICOM Single Market and Economy, stated that at the end of the day, the …

Persistent link: https://www.econbiz.de/10005556087

CSME Government Performance Management Framework (GPMF).

Jones, Peter W - EconWPA - 2005

There has been much discourse again over the last six to eight weeks on the issue of Government performance and the concept of performance budgeting has resurfaced. Some have recommended, the Accrual Budgeting approach, which is outlined in a previous 2004 International Monetary Fund (IMF)...

Persistent link: https://www.econbiz.de/10005118688

CSME Government Performance Management Framework (GPMF).

Jones, Peter W - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005118726

The Determinants of Property Rights In U.S. Marine Fisheries

Kincaid, Joel - EconWPA - 2003

Using a sample of fisheries managed under the Magnuson Act, a probit model of the probability of property rights adoption is estimated. The probability of adoption increases as ex–vessel revenue increases and as proxies for transaction costs decrease.

Persistent link: https://www.econbiz.de/10005076643