Showing 1 - 10 of 25
accordée à la philosophie politique, touchant à un idéal de justice et de répartition des pouvoirs, qui sera évincée de l …
Persistent link: https://www.econbiz.de/10010899260
The few pages that Adam Smith devoted to lotteries, mainly in the Wealth of Nations (1776) did not receive much attention. They nonetheless constituted an opportunity to introduce a sophisticated analysis of individual decision under risk. Through various examples, Smith pointed out a...
Persistent link: https://www.econbiz.de/10010899316
L'aversion de l'auteur de la Richesse des Nations à l'égard de l'esclavage ne fait guère de doute et se double d'une argumentation économique. Comme celle de ses successeurs, jusqu'à Ricardo, Mill, puis Cairnes, l'argumentation de Smith conduit à conclure à l'inefficacité de l'esclavage...
Persistent link: https://www.econbiz.de/10008790738
commuting costs. Using this model, we show that under specific conditions including employment dispersal and high marginal …
Persistent link: https://www.econbiz.de/10009368016
We model a city in which jobs are exogenous and distributed across an extended business area in which transport has a nonzero cost. Households are homogeneous in terms of utility and gross income, but each household chooses its residential location on the basis of its place of employment, which...
Persistent link: https://www.econbiz.de/10008794148
I develop a simple dynamic model of reputation-based transactions between a buyer in one country and a supplier in … stricter standard affects the supply of quality goods and indirectly through reputation. I refer to the former effect as the … regulation effect, and to the latter as the reputation effect. I show that, whereas most of the empirical literature has so far …
Persistent link: https://www.econbiz.de/10009643224
We present results of a household-level survey on behaviors regarding refuses in the home waste-waters network. Interpreting survey results in a panel-data logit results show that most socio-economic and public good-related respondent's characteristics do not play a significant role in...
Persistent link: https://www.econbiz.de/10010899554
This paper suggests understanding better the debate between reputation and celebrity, by analyzing how various types of … contribute to the reputation and celebrity literatures. …
Persistent link: https://www.econbiz.de/10011025640
. These equilibria share some features with the ones of multi-sided reputation models. …
Persistent link: https://www.econbiz.de/10010746981
This paper explores the dynamics of wage growth in corporate hierarchies. Using panel data techniques, we estimate the causal effect of current and past transitions in reporting level and past earnings growth on components of current earnings and earnings growth using a large panel of US...
Persistent link: https://www.econbiz.de/10008791501