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In this paper we test the celebrated `Strength of weak ties' theory of Granovetter (1973). We test two hypotheses on … communities with strong ties within communities and weak ties between, the community of economic researchers has an interlinked …
Persistent link: https://www.econbiz.de/10011348344
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10011343261
We consider cooperative games with transferable utility (TU-games), in which we allow for a social structure on the set of players. The social structure is utilized to refine the core of the game. For every coalition the relative strength of a player within that coalition is induced by the...
Persistent link: https://www.econbiz.de/10011335223
, formulated in terms of maximization of utility ingeneral, or profits in particular. The standard theory of environmental policy … behavioural assumptions have been most significant for the development ofeconomic valuation theory and environmental policy theory …. The focus here will be onenvironmental policy theory. …
Persistent link: https://www.econbiz.de/10011300569
This paper studies the second-best problem where not all links of a congestedtransportation network can be tolled. The second-best tax rule for thisproblem is derived for general static networks, so that the solution presentedis valid for any graph of the network and any set of tolling points...
Persistent link: https://www.econbiz.de/10011303854
have been, used to find implicit prices, but they also have a much wider use. In theory and in practice, they can be used …
Persistent link: https://www.econbiz.de/10010371111
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