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Do green growth and technological innovation matter to infrastructure investments in the era of climate change? : global evidence

Hai Hong Trinh; McCord, Michael; Lo, Daniel; Squires, Graham - In: Applied economics 55 (2023) 35, pp. 4108-4129

Persistent link: https://www.econbiz.de/10014299558

Efficiency with endogenous population growth. Do children have too many rights?

Pérez-Nievas, Mikel - In: Theoretical Economics 18 (2023) 4, pp. 1375-1406

Fertility rates are declining in many countries. But are fertility rates inefficiently low? This paper addresses this question by exploring the efficiency properties of equilibria in an overlapping generations setting with endogenous fertility and dynastic parental altruism, using a particular...

Persistent link: https://www.econbiz.de/10014537047

Optimal structure and dissolution of partnerships

Loertscher, Simon; Wasser, Cédric - In: Theoretical Economics 14 (2018) 3, pp. 1063-1114

For a partnership model with general type distributions and interdependent values, we derive the optimal dissolution mechanisms that, for arbitrary initial ownership, maximize any convex combination of revenue and social surplus. The solution involves ironing around typically interior worst-off...

Persistent link: https://www.econbiz.de/10012215302

Property rights and resource use : evidence from MLB starting pitchers

Poitras, Marc A.; Sutter, Daniel - In: Applied economics 52 (2020) 60, pp. 6514-6524

Persistent link: https://www.econbiz.de/10012416014

The effect of land titling policy on farm size : evidence from China

Gao, Shaohui; He, Yiming - In: Applied economics 55 (2023) 2, pp. 188-200

Persistent link: https://www.econbiz.de/10013494414

Persuasion and dynamic communication

Sher, Itai - In: Theoretical Economics 9 (2014) 1, pp. 99-136

A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution corresponds to the listener's optimal dynamic rule...

Persistent link: https://www.econbiz.de/10011599506

Price discrimination through communication

Sher, Itai; Vohra, Rakesh - In: Theoretical Economics 10 (2015) 2, pp. 597-648

We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...

Persistent link: https://www.econbiz.de/10011599549

Reputation without commitment in finitely-repeated games

Yildiz, Muhamet; Weinstein, Jonathan - In: Theoretical Economics 11 (2016) 1, pp. 157-185

In the reputation literature, players have \emph{commitment types} which represent the possibility that they do not … commitment types can emerge from incomplete information about the stage payoffs. In particular, any finitely repeated game with … commitment types is strategically equivalent to a standard finitely repeated game with incomplete information about the stage …

Persistent link: https://www.econbiz.de/10011599566

A theory of personal budgeting

Galperti, Simone - In: Theoretical Economics 14 (2019) 1, pp. 173-210

-specific budgets depends on the combination of a demand for commitment and the demand for flexibility resulting from uncertainty about … with minimum-savings rules (another widely-studied form of commitment), and how budgeting depends on the intensity of self …

Persistent link: https://www.econbiz.de/10012215309

Protocol invariance and the timing of decisions in dynamic games

Doraszelski, Ulrich; Escobar, Juan F. - In: Theoretical Economics 14 (2019) 2, pp. 597-646

We characterize a class of dynamic stochastic games that we call separable dynamic games with noisy transitions and establish that these widely used models are protocol invariant provided that periods are sufficiently short. Protocol invariance means that the set of Markov perfect equilibria is...

Persistent link: https://www.econbiz.de/10012215326

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