Although the initial allocation of pollution permits is neutral in terms of efficiency, itdoes have a significant impact on distributive equity. In this paper, we examine the twomain categories of permit allocation rules, the distributive and the reductive, for controllingphosphorus pollution in...

This paper evaluates how efficiently farm households allocate labor between farm and off-farm activities. It estimates farm and off-farm labor supply functions to determine the factorsthat influence labor allocation. Both the shadow wage and the off-farm wage rate are includedas regressors in...

Presented at: NATIONAL AUTONOMUOS UNIVERSITY OF NICARAGUA, LEONINVESTIGATION VICERECTOR, POSTPGRADUATE AND SOCIAL PROJECTION2th SCIENTIFIC CONGRESS¨THE INVESTIGATION A WAY TO THE KNOWLEGE AND DEVELOPMENT¨17 NOVIEMBRE 2009

The principal aim of this paper is to measure the amount by which the profit of a multi-input, multi-output firm deviates from maximum short-run profit, and then to decompose this profit gap into components that are of practical use to managers. In particular, our interest is in the measurement...

The method of elicitation has an important effect on valuations. We investigate the effect of perspective on decision makers' elicited values. We conduct experimental sessions in which participants act as sellers or buyers, and replicate the disparity between willingness to accept and...

Cada año se invierte una significativa cantidad de recursos en mejorar las infraestructuras de transporte de los países en desarrollo. En este artículo investigamos los efectos de un gran proyecto de este tipo: el Golden Quadrilateral de la India. Para ello, utilizamos un modelo de comercio...

This paper investigates core stability of cooperative, TU games via a fuzzy extension of the totally balanced cover of a TU game. The stability of the core of the fuzzy extension of a game, the concave extension, is shown to reflect the core stability of the original game and vice versa....