Showing 1 - 10 of 42
Global environmental problems are often assumed to imply extensive inefficiencies since there is no global authority corresponding to the government at a national level. This paper shows, on the contrary, that rich countries in a free unregulated market may still undertake globally efficient...
Persistent link: https://www.econbiz.de/10005651775
In a signalling model of conformity, we demonstrate that naïve observers, those that take actions at face value, constrain the set of actions that can possibly be social norms. With rational observers many actions can be norms, but with naïve observers only actions close to that preferred by...
Persistent link: https://www.econbiz.de/10008838964
A growing literature in economics examines the development of preferences among children and adolescents. We combine a repeated dictator game with treatments that either provides participants with information about the average behavior of others or not. In a sample of 384 children aged 5-17, we...
Persistent link: https://www.econbiz.de/10010945060
Complementing market-based policy instruments with conflict analysis approaches provides a wider understanding of market situations and allows to identify minimal requirements regarding needs, power and conflict dynamics. If these are not met, a market cannot be successfully introduced or a...
Persistent link: https://www.econbiz.de/10005651761
The aim of the present paper is to examine the existence and patterns of systematic within-country inequalities in effective land rights in Rwanda. The results of empirical estimations drawing on data on the land tenure arrangements of over 5,000 Rwandan households indeed suggest systematic...
Persistent link: https://www.econbiz.de/10009145669
This study is about institution building with limited resources. Through a case study of the establishment of a supreme audit institution (SAI) in Rwanda, we examine the tensions between institutional first-best benchmarks and local operational constraints in a developing country...
Persistent link: https://www.econbiz.de/10008794459
In this paper we use some(even a convex) probabilistic frequency functions in two choice variables defined over the budget set” box” and calculate the expected demand to study its properties The expected demands have own price negativity , are normal goods and are homogeneous of degree...
Persistent link: https://www.econbiz.de/10005651714
See paper
Persistent link: https://www.econbiz.de/10009645809
In this paper we assume that choice of commodities at the individual (household) level is made in the budget set and that the choice can be described by a probability density function. We prove that negativity (()0xExp<) is valid for one(x) or two choice variables (x, y) (No Giffen good).Negativity at the market level is valid by summation. The expected demand functions are homogeneous of degree zero in prices and income. We use general positive continuous functions f(x), f(x, y) defined on the bounded budget set. We transform them into probability density functions to calculate E(x) and prove negativity. The present approach use simple assumptions and is descriptive in its nature. Any choice behaviour that can be described by a continuous density function gives the above results. (,,)xyppm Why not keep descriptions as simple as possible?<p>
Persistent link: https://www.econbiz.de/10008643877
In this paper we assume that choice of commodities at the individual (household) level is made inside the budget set and that the choice can be described by a probability density function. We prove that law of demand()0xExpis valid for one(x) or two choice variables (x, y)*. The law of...
Persistent link: https://www.econbiz.de/10008469624