We discuss a simple model of choices of joint consumption by a working couple who place maintenance of their marriage (relationship) above all else. Any proposal made by one partner seeking to provide maximal utility to the other so as to preserve the marriage, in the case where preferences of...

In this article, we present examples of tax-distorted general equilibrium economies in which equilibria are unique in the absence of taxes, but taxes generate multiplicity when introduced over a range of tax rates. We also provide converse examples of economies with multiple no-tax equilibria,...

We discuss whether the introduction of climate change considerations into Nash tariff games increases or reduces post-retaliation tariffs. We briefly discuss how climate change considerations can be introduced into computational trade models. We then calculate optimal tariffs in comparable...

Unlike the case of competitive equilibria for which there is the index theorem, almost nothing is known about multiple equilibria in Nash games. Multiple Nash equilibria are hard to find computationally accounting for spare prior literature discussion. Existing numerical literature on tariff...

The general presumption in the policy literature has been that China's sustained high growth since 2008 and the global financial crisis (with a dip in Q1 2009) have been heavily reflections of the November 2008 4-trillion Renminbi stimulus package. Less attention has been paid to the revenue...

The traditional model of household labour supply incorporates leisure into preferences rather than focusing on how relative costs of production at home and via market activity determine market labour supply. In part, this reflects the lack of simple closed form solutions for the home production...

We consider a representative family in which there are location specific network effects from interactions with other family members, such as joint consumption, joint emotional support and coinsurance. The benefits an individual receives from the network they participate in are nonlinearly...