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This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the context (i.e. one of thirty-two sequences of three...
Persistent link: https://www.econbiz.de/10014223185
The aim of this paper is to review and examine a collection of ‘most commonly applied’ theoretical and empirical models of equilibrium exchange rate. The presentation on each model starts with an introduction of core theoretical frameworks. It will then be followed by discussions on relevant...
Persistent link: https://www.econbiz.de/10008854393
In this research, the equilibrium real exchange rate as well as exchange rate misalignment in Switzerland and Lithuania is estimated based on behavioural equilibrium exchange rate and structural vector autoregression models. Moreover, driving forces of the real effective exchange rate are...
Persistent link: https://www.econbiz.de/10011109074
: BEER (Behavioral Equilibrium Exchange Rate) which explains the deviations from PPP as a result of changes in the …
Persistent link: https://www.econbiz.de/10011113155
We review and model the impact of the internet on the production and uptake of high- quality news. Our review of trends … decoupled from quality news, and iii) the dominant business model of internet news mirrors that of radio, television, and … particular markets, (2) easy access to information on the internet makes it cheaper to provide high-quality news and to …
Persistent link: https://www.econbiz.de/10004980392
In an auction with a buy price, a seller offers bidders the opportunity to forgo competing in an auction by transacting immediately at a pre-specified fixed price. If a seller has aspirations in the form of a reference price that depends upon the auction's reserve price and buy price, she does...
Persistent link: https://www.econbiz.de/10005079307
to the internet for children. …
Persistent link: https://www.econbiz.de/10005103394
This essay won 1st prize in a nationwide essay competition organized by Pakistan Telecommunication Authority on World Telecommunication and Information Society Day 2008. Theme of the Year was "Connecting People with Disabilitie: ICT Opportunities for All" The Prize was given by Prime Minister of...
Persistent link: https://www.econbiz.de/10005103413
This paper describes the Greater London Authority’s evidence base for its work on the creative and cultural industries. Its main purpose is to show that th9is evidence base is viable, robust, and useful. The second and most important purpose is to encourage others in city management to invest...
Persistent link: https://www.econbiz.de/10004991281