This dissertation consists of three essays examining the important role of jobconnections, references, and word of mouth information in labor markets. The first essay examines the importance of job connections for internal migrants. Inthis chapter, I develop a theoretical model where labor...

This dissertation consists of three essays. In the first one (Chapter three), âGains and Losses from Household Formation,â I introduce a general equilibrium model, wherein a household may consist of more than one member, each with their own preferences and endowments. In these models at first,...

This dissertation consists of three essays on theoretical analysis of economic agents' decision making and incentives. Chapter 1 gives an outline of the subjects to be examined in the subsequent chapters and shows their conclusions in brief.Chapter 2 explores the decision problem of a...

Chapter 1 introduces some of the issues which are addressed in the other chapters of this dissertation. These topics include: (1) the general equilibrium incentives in the provision of public education, (2) human capital production functions in economic modeling, (3) how public education...

The dissertation identifies and responds to two gaps in the current literature on the elasticity of taxable income (ETI). Firstly, there is a lack of a deep understanding of the process underlying behavioral responses of taxable income to taxation. Secondly, there is a lack of inquiry into the...

The first part of this dissertation investigates the possibility of an output cut by a firm as a result of an increase in demand in industries with constrained capacities. We are specially interested in the crude oil industry, although thepaper has implications beyond that market. Two simple...

The 1990s saw significant increases in commercial bank membership in the Federal Home Loan Bank (FHLB) System and extensive growths in FHLB assets and outstanding advances. Since FHLB policies may enable risk-taking behavior by the System's member institutions, this research evaluates the impact...

Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial BehaviorRussell Paul RoselleABSTRACTThere is qualitative and anecdotal evidence that corporate management deviates from received risk management theory. These...

Experimental observations have shown that economic agents behave in ways different from the maximization of any utility function. Herbert Simon sought to deal with this by positing that individuals do not maximize, but rather satisfice. This was a radical departure from the traditional economic...

This dissertation comprises three essays on theoretical analysis of middlemen in intermediated markets. Chapter 1 gives a brief survey on the market intermediation literature and also briefly describes the subsequent chapters.In Chapter 2 I study the role of horizontally differentiated middlemen...