Showing 1 - 10 of 12
Chapter IWe use a large-scale internet experiment to explore how subjects learn to play against computers that are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation,...
Persistent link: https://www.econbiz.de/10009476200
how microcredit can provide access to hope. This paper explores the impact of world poverty on the world’s poorest of the … microcredit lending is having on the world; the types of microenterprises run by borrowers and the impact they have on their …
Persistent link: https://www.econbiz.de/10009467449
At the end of World War II, the United States emerged as a world leader, putting into place international institutions … based on its own liberal economic philosophy. Since then, the world has witnessed an increasing interconnectedness among … between state and societal forces. Much of the world associates this increased interconnectedness with human suffering around …
Persistent link: https://www.econbiz.de/10009475090
a world of potential with few advances, in thearea of theoretical evaluation, and therefore large amount of work ahead …
Persistent link: https://www.econbiz.de/10009477422
In this paper we consider the case for subsidies towards firms which generate R&D spillovers in open economies. We show that in the presence of strategic behaviour by firms many expected results are overturned. Local R&D spillovers to other domestic firms may justify an R&D tax rather than a...
Persistent link: https://www.econbiz.de/10009441564
Equity markets in developing and emerging economies have grown in number and importance as a result of financial market globalisation. However, their role in economic growth and development is enhanced if nascent markets are integrated with well-established ones. Market integration, measured by...
Persistent link: https://www.econbiz.de/10009480491
This paper attempts to provide alternative estimates of income distribution in South Africa, utilizing data that allow us to evaluate income, distribution across time, reducing dependence on the vagaries associated with individual surveys. In particular, we attempt to arrive at racial...
Persistent link: https://www.econbiz.de/10009480492
Registration of births, recording deaths by age, sex and cause, and calculating mortality levels and differentials are fundamental to evidence-based health policy, monitoring and evaluation. Yet few of the countries with the greatest need for these data have functioning systems to produce them...
Persistent link: https://www.econbiz.de/10009447936
interpreted as the world business cycle. The further components suggest the existence of a Scandinavian-Anglo-Saxon business cycle …
Persistent link: https://www.econbiz.de/10009448749