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'public finance', 'political economy', 'growth theory', 'human capital theory', and 'innovation-driven growth theory …'.The first project reveals that the prevailing notion of education externalities is misleading and therefore empirical … externalities of education according to Lucas (1988) are likely to be internalized on the labor market. Education is recognized as a …
Persistent link: https://www.econbiz.de/10009475316
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader … conducted. A distinction is made between two types of appropriation externalities: those that are restricted to a single period …
Persistent link: https://www.econbiz.de/10009468337
externalities, however, efficiency may no longer be guaranteed.This dissertation shows that a modification of Ausubel & Milgrom … presence of externalities, the resulting auction possessesan efficient Nash equilibrium in pure strategies leading to a core … strategy. The auction is augmented to includeexplicitly the auctioneer's preferences over final outcomes. Externalities …
Persistent link: https://www.econbiz.de/10009450582
Drug consumption is a voluntary decision based on preexisting situational contexts, social events, personal traits and cultural circumstances. Because of this, drug consumption is not pathological but rather normal and ubiquitous. It is only as a result of persecution by the authorities of...
Persistent link: https://www.econbiz.de/10009468267
Internet gambling is a rapidly growing phenomenon, increasing in types of games and gambling opportunities, number of sites, owners and jurisdictions. In response participation and revenue generated by Internet gambling is also rising, along with the incidence of Internet gambling problems. In...
Persistent link: https://www.econbiz.de/10009475252
consumes over time. Addiction, however, is documentedas one of numerous anomalies that the standard theory fails to explain … the gateway effect of addiction development.Chapter 2: I consider a seemingly simple extension of the theory of rational …Chapter 1: The standard theory of intertemporal choice provides a simple but elegantway to analyze how an individual …
Persistent link: https://www.econbiz.de/10009458905
In Deutschland werden mehr als 30 Prozent des Sozialprodukts für Soziales ausgegeben, und der Staat greift mit seinen Sozialgesetzen massiv in die Handlungsfreiheit seiner Bürger ein. In diesem Buch werden normative Begründungen sowohl für staatliche Umverteilungsmaßnahmen als auch für die...
Persistent link: https://www.econbiz.de/10009471775
We review some of the most significant issues and results on the economic effects of genetically modified (GM) product innovation, with emphasis on the question of GM labeling and the need for costly segregation and identity preservation activities. The analysis is organized around an explicit...
Persistent link: https://www.econbiz.de/10009443070
We develop a new partial equilibrium, four-region world trade model for the soybean complex comprising soybeans, soybean oil, and soybean meal. In the model, some consumers view genetically modified Roundup Ready (RR) soybeans and products as weakly inferior to conventional ones; the RR seed is...
Persistent link: https://www.econbiz.de/10009443097
On a topic like the environment, communication among scholars from different disciplines in the natural and social sciences is both important and difficult, but such communication has been far from perfect. Economists themselves may have contributed to some rather fundamental misunderstandings...
Persistent link: https://www.econbiz.de/10009445416