Showing 1 - 10 of 380
This paper incorporates learning and reputation building into a simple dynamic stochastic model of international trade … with asymmetric information. We use the model to study a bilateral trade flow influenced significantly by learning and … international trade patterns. Since learning and reputation building require time, predicted short run trade patterns can be quite …
Persistent link: https://www.econbiz.de/10011112599
Allocating property rights on an open access resource which has been freely exploited in the past is often very problematic. Involved agents typically rely on one of two competing principles to determine future allocation. The first priority principle, "first in time, first in rights" favors the...
Persistent link: https://www.econbiz.de/10011110416
This paper analyzes greenhouse gas emissions that build up an atmospheric stock which depreciates over time. Weakly renegotiation-proof and subgame perfect equilibria in a game of international emission reduction exist if countries put a sufficiently high weight on future payoffs, even though...
Persistent link: https://www.econbiz.de/10009151603
Allocating property rights on an open access resource which has been freely exploited in the past is often very problematic. Involved agents typically rely on one of two competing principles to determine future allocation. The first priority principle, "first in time, first in rights" favors the...
Persistent link: https://www.econbiz.de/10008506905
Abstract: I apply the Beveridge-Nelson business cycle decomposition method to the time series of murder in the United States (1900-2004). Separating out “permanent” from “cyclical” murder, I hypothesize that the cyclical part coincides with documented waves of organized crime, internal...
Persistent link: https://www.econbiz.de/10005835859
Tax incentives have traditionally been used as a tool by public policy makers in order to correct or reduce market failures. However, there is a widespread debate, in the international literature, about whether they can or not reaching this goal. In this paper, we propose a methodology to assess...
Persistent link: https://www.econbiz.de/10005836007
reorientation of public debt financing policy in Colombia since the Constitution of 1991 was implemented, developing a theoretical …
Persistent link: https://www.econbiz.de/10011258448
This article proposes a reading of the armed conflict from an evolutionary design that takes into account the concept of private protection agencies in the works of Schelling / Nozick / Gambetta. Their aim is to assess the dynamics of conflict and changes from its author's scientific output. A...
Persistent link: https://www.econbiz.de/10011258671
Colombia is a middle-income country but with a human development constantly threatened by insecurity. This paper … EADS-CASA in Colombia. Compare Malaysia, the Colombian case exemplifies how offset might be an instrument of development …, these agreements can be a good example. The offset agreements executed in Colombia are assessed with high marks in relevance …
Persistent link: https://www.econbiz.de/10011259271
This paper proposes a reading of the armed conflict from an evolutionary design that takes into account the Logic of Violence in the Civil War. Their aim is to assess the dynamics of conflict and changes from its author's scientific output. A context of conflicts that includes new expressions of...
Persistent link: https://www.econbiz.de/10008873551