Showing 1 - 10 of 87
The preservation of biodiversity requires the protection of endangered species' habitats. In Canada, approximately 60% of these habitats are located on private lands. We start by analysing the obstacles to the protection of endangered species' habitats, with special attention to the compensation...
Persistent link: https://www.econbiz.de/10005696403
We study the welfare effects of government-backed FDIs in Africa’s farmlands. We build an occupational choice model featuring four mechanisms driving these effects. First, local farming is subject to social arrangements prescribing that farmers share their crop surplus with kin. Second,...
Persistent link: https://www.econbiz.de/10009421724
those employed in the theory of choice under complete uncertianty, rankings of opportunity sets, set rankings that appear in … matching theory, and the structure of assemly proferences. …
Persistent link: https://www.econbiz.de/10005545637
We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition to...
Persistent link: https://www.econbiz.de/10005545650
We identify conditions under which preferences over sets of consumption opportunities can be reduced to preferences over bundles of "commodities". We distinguish ordinal bundles, whose coordinates are defined up to monotone transformations, from cardinal bundles, whose coordinates are defined up...
Persistent link: https://www.econbiz.de/10005545658
those employed in the theory of choice under complete uncertainty, rankings of opportunity sets, set rankings that appear in … matching theory, and the structure of assembly preferences. The survey is prepared for the Handbook of Utility Theory, vol. 2 …
Persistent link: https://www.econbiz.de/10005545808
We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and compare the feedback non-cooperative emissions strategies of players when the players do not know the distribution of ecological uncertainty but they gain information (learn)...
Persistent link: https://www.econbiz.de/10011120284
We study the effect of dynamic and investment externalities in a one-sector growth model. In our model, two agents interact strategically in the utilization of capital for consumption, savings, and investment in technical progress. We consider two types of investment choices: complements and...
Persistent link: https://www.econbiz.de/10011202209
We study the effect of dynamic and investment externalities in a one-sector growth model. In our model, two agents interact strategically in the utilization of capital for consumption, savings, and investment in technical progress. We consider two types of investment choices: complements and...
Persistent link: https://www.econbiz.de/10011202912
The concept of Ambiguity designates those situations where the information available to the decision maker is … SEU theory, and shows that their mathematical properties are the formal counterpart of the intuitive idea of insufficient … unambiguous situations. Finally, the paper shows that behavior not conforming to SEU theory must emerge in correspondence of …
Persistent link: https://www.econbiz.de/10011186226