This paper is devoted to econometric analysis of broadband adoption efficiency in EU member states. Stochastic frontier models are widely used for efficiency estimation. We enhanced the stochastic frontier model by adding a spatial component into the model specification to reflect possible...

Distortions in memory impose important bounds on rationality but have been largely disregarded in economics. While it is possible to learn, it is more difficult, and sometimes impossible, to unlearn. This retention effect lowers individual utility directly or via reduced productivity, and adds...

We investigate a statistical ensemble of daily returns of n equities traded in United States financial markets. For each trading day of our database, we study the ensemble return distribution. We find that a typical ensemble return distribution exists in most of the trading days 1 with the...

In natural language processing, electronic dictionaries are used for lexical parsing. Its transform a raw text in a sequence of tagged words ; these tags are morphological and grammatical information. Unknown words make problem. Proper nouns are a part of them. The french Prolex project consists...

This paper seeks to chart the emergence of the film market and examines the key drivers involved in the development of the industry both in America and Europe. Then it demonstrates that through a desire to both grow and protect the market the United States has become the sominant player in...

This paper is the Schwartz Memorial Lecture, delivered at Kellogg, Northwestern University in May 1998. The lecture introduces some ideas about the possible use of tools taken from the economics literature to explain language phenomena. Two specific issues are discussed: From the domain of...

In 1939 the British Government tried to assess Soviet war potential in order to know more about their potential ally, as part of the negotiations concerning an Anglo-French-Soviet alliance. British assessments of Soviet economic and military strength (and the internal stability of the Stalin...

There has been growing interest within the economics discipline in the role of equity concerns in the distribution of resources. This paper presents empirical evidence from a series of controlled laboratory experiments where third-party decision-makers must allocate resources between two...

Dieser Beitrag versucht, die wichtigsten Auswirkungen der Bevölkerungsalterung auf den Arbeitsmarkt zu studieren und daraus Konsequenzen für die Finanzpolitik im weitesten Sinne zu ziehen. Der Beitrag zeigt, daß es neben dem sattsam diskutierten alterungsbedingten Anstieg der Beitrags- und...

Population aging is just beginning to hit the industrialized countries in full force, and it will have a tremendous impact on capital markets. Capital market effects of population aging are particularly strong in continental European economies such as Germany, with their large pay-as-you- go...