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environment without commitment. A savings account is introduced into the self-enforcing risk-sharing model of Thomas and Worrall … (1988). The risk averse agent's savings play the role of a collateral, thereby improving consumption smoothing. Furthermore …, the optimal use of the savings account relaxes the other agent's self-enforcing constraints. These results depend on the …
Persistent link: https://www.econbiz.de/10005100656
This study develops a hybrid model to integrate climate risks into Côte d'Ivoire’s economic policy, drawing on the work of economists like Keynes, Ostrom, Stiglitz, Sen, and Nordhaus. The model combines decentralized governance, climate risk externalities, and capacity building to address the...
Persistent link: https://www.econbiz.de/10015214566
This paper deals with the role of speculation on food prices' fluctuations in Senegal. The analysis is based on a nonlinear rational expectations commodity storage model which seems to be the appropriate approach to explain the behavior of the speculators who intervene on the food markets. The...
Persistent link: https://www.econbiz.de/10015241866
DRC geopolitical situation was conceived by the colonizer in terms of his own interests based on the facility of the exporting means of our wealth towards the metropolis. During the second republic, the building of some airports had as unique criterion of selection, the interests of president....
Persistent link: https://www.econbiz.de/10015250140
In this paper, we propose to solve the circular packing problem (CPP) whose objective is to pack n different circles C(i) of known radius r(i) , i = 1, …, n into the smallest containing circle C. The objective is to determine the radius r of C as well as the coordinates (x(i) , y(i)) of the...
Persistent link: https://www.econbiz.de/10005510602
Cet article est une revue de la littérature où le temps passé dans un état est une variable aléatoire issue d’un mélange continu de distributions. Elle s’est constituée à partir de l’estimation de fonctions de hasards et de méthodes d’approximations d’intégrales. Nous...
Persistent link: https://www.econbiz.de/10004984861
Dans cet article, nous nous intéressons aux questions liées à l'estimation des quantités d'émissions azotées et des courbes de coût marginal d'épuration dans le bassin d'un cours d'eau. L'application et les calculs empiriques sont réalisés pour les secteurs d'activité et les régions...
Persistent link: https://www.econbiz.de/10005120918
Le crédit interentreprises est un des canaux de transmission du risque de défaillance des entreprises. Les impayés sur effets de commerce révèlent les interdépendances entre secteurs et leur potentiel de contagion, dès lors que les montants en jeu sont importants.
Persistent link: https://www.econbiz.de/10009251286