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An overview of the economics literature on terrorism is presented. Papers are classified as to their macro versus micro and empirical versus theoretical emphasis. Although subjective, this classification makes clear where additional contributions can be made: most of the existing studies are of...
Persistent link: https://www.econbiz.de/10005700223
We draw on existing surveys on the economics of terrorism, classifying the contributions to the field by theme, main approach and methodology. Research articles are divided into the themes: Definition and measurement of terrorist activities; Nature of terrorists; Utility cost of terrorism;...
Persistent link: https://www.econbiz.de/10009215170
An overview of the economics literature on terrorism is presented. Papers are classified as to their macro versus micro and empirical versus theoretical emphasis. Although subjective, this classification makes clear where additional contributions can be made: most of the existing studies are of...
Persistent link: https://www.econbiz.de/10010941262
The endogenous formation of coalitions involving asymmetric firms and their stability are analyzed as a function of diferences in eficiency and of the mixed cost of production. Results are derived for cartels as well as for mergers. Players have constant but diferent marginal costs of production...
Persistent link: https://www.econbiz.de/10005600477
Until now, in models of endogenous growth with physical capital, human capital and R&D such as in Arnold [Journal of Macroeconomics 20 (1998)] and followers, steady-state growth is independent of innovation activities. We introduce absorption in human capital accumulation and describe the...
Persistent link: https://www.econbiz.de/10005600481
This paper discusses a model where consumers simultaneously differ according to one unobservable (preference for quality) and one observable characteristic (location). In these circumstances nonlinear prices arise in equilibrium. The main question addressed in this work is whether firms should...
Persistent link: https://www.econbiz.de/10005600489
The convergence features of an Endogenous Growth model with Physical capital, Human Capital and R&D have been studied. We add an erosion effect (supported by empirical evidence) to this model, and fully characterize its convergence properties. The dynamics is described by a fourth-order system...
Persistent link: https://www.econbiz.de/10005600500
In this article the authors develop a new measurement scale (the RELQUAL scale) to assess the degree of relationship quality between the exporting firm and the importer. Relationship quality is presented as a high order concept. Findings reveal that a better quality of the relationship results...
Persistent link: https://www.econbiz.de/10005456400
We analyze the effect of taxes and government spending on quarterly market returns of stocks, government bonds, and corporate bonds. In US data from 1960 to 2000, a one standard deviation increase in the share of tax receipts in GDP has a statistically and economically significant effect on...
Persistent link: https://www.econbiz.de/10005120795
We introduce a notion of upper semicontinuity, weak upper semicontinuity, adn show that it, together with a weak form of payoff security, is enough to guarantee the existence of Nash equilibria in compact, quasiconcave normal form games.
Persistent link: https://www.econbiz.de/10005120806