The welfare effects of GM (genetic modification)-led productivity growth for cassava producers are partly affected by the characteristics of individual cassava producing households. Those household characteristics include the elasticity of production and home consumption of cassava. Some studies...

Guided by the frame work of a household model under credit market failure, this paper aims at investigating the impact of access to credit on the adoption of hybrid maize among households that vary in their credit constraints. The data used in the study is from Malawi collected by the...

We show that equilibrium involuntary unemployment emerges in a multi-stage game model where all market power resides with firms, on both the labour and the output market. Firms decide wages, employment, output and prices, and under constant returns there exists a continuum of subgame perfect...

In a sector in which oligopolistic firms face a sector-specific labour supply constraint, there may be no marketclearing wage. Instead, at some wages, there can be two equilibria, one with involuntary unemployment and one with unfilled vacancies.

Diese Arbeit beschäftigt sich mit der Integration unfreiwilliger Arbeitslosigkeit in allgemeine Gleichgewichtsmodelle offener Volkswirtschaften. Das Walras oder Arrow-Debreu allgemeine Gleichgewichtskonzept wird im Licht unfreiwilliger Arbeitslosigkeit neu bewertet, und mit dem allgemeinen...

Discretionary monetary and fiscal policy decisions have meant that the Australian economy, like most others, has been prevented from generating enough jobs in the last 25 years to match the growth of the labour force. The same policy decisions have also not allowed the economy to generate enough...

We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policychanges upon agriculture. The model utilizes a large panel database covering the entirety of Englandand Wales for 14 years between 1969 and 2004 integrated with the economic and physicalenvironment...

We attempt to provide insights into how heterogeneity has been and can be addressed in choice modeling. In doing so, we deal with three topics: Models of heterogeneity, Methods of estimation and Substantive issues. In describing models we focus on discrete versus continuous representations of...

We study a generalized Hotelling duopoly in which a consumer's net utility from a product depends on the location of product and consumer in product attribute space, a random utility term that captures idiosyncratic preferences, and the price of the product. Our model allows us to vary the...

This thesis provides the first attempt to predict takeover targets in the Australian context using binomial and multinomial logit models, extending the relatively small amount of work focused in the United States, Canada, and the United Kingdom. Evidence is provided concerning eight main...