This paper builds a dynamic theory of secessions, conflictual or peaceful, analyzing the forward looking interaction …

exploitation of a common property renewable resource is Pareto efficient at every point of time. Secondly, we outline a prototype … model that shows, in an overlapping generation framework, how a community's sense of morality may evolve over time and …

financial and operating performance are consistent with our theory of certification arbitrage; i.e., institutional investors use …

This paper defines the concept of feedback Kant-Nash equilibrium for a discrete-time model of resource exploitation by …

In this paper we revisit the evidence on the effects of time spent on border-crossing procedures for international … trade using a theory-consistent structural gravity model. We exploit a rich panel data set including domestic trade flows … significant negative effect of the time required for border procedures that is driven by the time needed for document preparation …

Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear …-in-differences approach, we find that the Spring DST causes a significant decline in life satisfaction. By inducing a reallocation of time …, the transition into DST deteriorates sleep and increases time stress, which in turn affects physical and emotional health …