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actual historical practice and explains why they may have been necessary to sustain cooperation, especially in the presence …
Persistent link: https://www.econbiz.de/10005790050
This paper considers the status of economic reform in India, to understand which further reforms might be desirable … undertaken, the paper attempts to understand the political economy of the process of economic reform in India, and how that … discussion includes the roles of institutions, interest groups and ideas in driving reform. …
Persistent link: https://www.econbiz.de/10008490567
Main papers on Zakat are focused on Shariah explanation to prove its important role to resolve social and economic problems of Islamic society. This paper aims to model the Zakat system to determine the volume and the effects of Zakat funds. We expect that this is the first empirical paper,...
Persistent link: https://www.econbiz.de/10011109738
We analyze a game with N farmers that extract groundwater from a common aquifer of small storage capacity. Our aim is to compare the socially optimal, myopic and feedback extraction strategies, the latter arising from competitive interaction between extracting agents. Our extension to existing...
Persistent link: https://www.econbiz.de/10011257952
The main aim of this article is to investigate the behavioral consequences of the provision of subject-specific information in the group effort levels chosen by players in an experimental CPR game. We examine two basic treatments, one with incomplete information and the other with complete...
Persistent link: https://www.econbiz.de/10008776876
Tenure contract is criticized for curbing the incentives for spending effort after obtaining the tenured status. Yet …, the best faculty seems to work on a tenure contract, and schools who employ the best faculty seem to prefer to offer a … tenure-track contract to their new hires. I argue that tenure-track contracts are by construction more attractive to more …
Persistent link: https://www.econbiz.de/10011206877
Culture can now be used as an instrument for sustainable economic growth and developmental instrument of cities. By … towards sustainable development. This was successfully demonstrated in case of Monrovia, the capital of Liberia, which … cultural economy is now playing an enhanced role in the sustainable economic development of Liberia. Because of the ongoing …
Persistent link: https://www.econbiz.de/10011108140
A brief and very personal overview of some important issues in the management of development, with particular attention to Indonesia and education.
Persistent link: https://www.econbiz.de/10011111543
In this paper, we define deficit sustainability by requiring formally that both the discounted debt vanish asymptotically and the undiscounted debt be bounded. Thus, a new necessary condition and a new testing procedure emerge. We propose a new test statistic and prove that its limiting...
Persistent link: https://www.econbiz.de/10011111613
This study investigates the transformative effect of unscheduled solar PV and wind generation on electricity demand. The motivations for the study are twofold, the poor medium term predictions of electricity demand in the Australian National Electricity Market and the continued rise in peak...
Persistent link: https://www.econbiz.de/10011257708