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Persistent link: https://www.econbiz.de/10001900527
How is long run economic growth related to the endogenous diversity of knowledge? We formulate and study a microeconomic model of knowledge creation, through the interactions among a group of heterogeneous research and development (R&D) workers, embedded in a growth model to address this...
Persistent link: https://www.econbiz.de/10009421435
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Persistent link: https://www.econbiz.de/10007663088
Which issues are discussed by candidates in an election campaign? Why are some issues never discussed? Model tractability is lost quickly when dealing with these questions, partly because of the multidimensional voting inherent in models of multiple issues. Our model features two candidates for...
Persistent link: https://www.econbiz.de/10004968838
Much of the literature on the endogenous generation of a city employs increasing returns to scale in order to obtain agglomeration. In contrast, the model considered here focuses on the role of marketplaces or trading centers in the agglomeration of population as cities. Gains to trade in...
Persistent link: https://www.econbiz.de/10005102632
We offer a guide to the recent literature on the problem of fair allocation, and we present various concepts that have been developed in this literature and the various economic environments in the context of which they have been analyzed.
Persistent link: https://www.econbiz.de/10005436136