Showing 1 - 10 of 2,863
Two duopolists compete in price on the market for a homogeneous product. They can 'profile' consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...
Persistent link: https://www.econbiz.de/10012858202
Should a developing economy, such as India, have a macroeconomic policy framework that is identical to an advanced …
Persistent link: https://www.econbiz.de/10014264153
We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...
Persistent link: https://www.econbiz.de/10011522412
In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...
Persistent link: https://www.econbiz.de/10012889683
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...
Persistent link: https://www.econbiz.de/10012859600
As revealed by the trade intensity indices, India and the People's Republic of China have significant bilateral trade … imports of both India and China due to different preferential trading arrangements and free trade arrangements using the … gravity model. Empirical results show that in the short run India's potential gain is relatively less compared to China …
Persistent link: https://www.econbiz.de/10010272698
The recent rise in populist governments has led to much work on the question "why now". Our work takes the next logical step by asking "what next?". That is, given populists in power, what should we expect to be the economic consequences of populist regimes. To answer this, we characterize...
Persistent link: https://www.econbiz.de/10012859994
Numerical simulation exercises to analyze the impacts of potential changes in non-tariff policies commonly use ad valorem equivalent tariff treatment even though estimated impacts using explicit model representation and ad valorem equivalent treatments will differ. The difficulty for modellers...
Persistent link: https://www.econbiz.de/10010261284
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an …
Persistent link: https://www.econbiz.de/10010276378
The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality ‘nexus’ in the presence of both the formal and the informal sources of borrowing. Using empirical evidence of IHDS Survey data for two rounds the study...
Persistent link: https://www.econbiz.de/10012892155