Showing 1 - 10 of 2,857
Persistent link: https://www.econbiz.de/10001896184
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10009683154
does a poor job in matching real-world networks. We also analyze behaviors on networks, which take networks as given and … results with those obtained in sociology. -- Random graph ; game theory ; centrality measures ; network formation ; weak and …
Persistent link: https://www.econbiz.de/10003925546
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10011411222
; deductive theory ; probability distributions ; lognormal distribution ; Pareto distribution ; power-function distribution …
Persistent link: https://www.econbiz.de/10003872719
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core-periphery (CP) model, two agglomerative forces are at work. However, the present model exhibits a "pitchfork bifurcation" rather than the "tomahawk bifurcation" of the CP model.
Persistent link: https://www.econbiz.de/10011403753
such interventions using rigorous theory-based impact evaluations is very rare. The objective of this paper is to examine … the extent to which scientific impact evaluation methods can provide evidence to improve the effectiveness and efficiency … drawing on real-life examples from the small but growing academic literature, we demonstrate how impact evaluation methods can …
Persistent link: https://www.econbiz.de/10010467809
This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments … evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate … estimation and simulation results. -- Evaluation methods …
Persistent link: https://www.econbiz.de/10003771837
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10003902085
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10003594436