The dissertation studies a model of an economy which produces and exportsdurable goods. It analyzes the optimal monetary policy for such a country.Generally, monetary policy has a bigger economic effect on durable goods relative tonon-durable goods because durable goods can be stored and...

This dissertation studies the roles that durable goods play in open economy macroeconomics. The three essays examine if and how durable goods improve the ability to understand business cycle features.The first essay shows how investment behavior and international risk sharing, two business cycle...

[This item is a preserved copy. To view the original, visit http://econtheory.org/] This paper studies the price-setting problem of a monopoly that in each time period has the option of failing to deliver its good after receiving payment. The monopoly may be induced to deliver the good if...

This dissertation comprises three individual chapters. Chapter Two examines how free riding across neighbors influenced the diffusion of color television sets in rural China. Chapter Three tests for asymmetric information between a firm’s management and other investors concerning its patent...

The Intergenerational Influence (IGI) is the transmission of beliefs, perceptions, cognition, attitudes and behaviors from one generation to another. It is a fundamental mechanism by which culture is sustained over time. Its key elements are embedded within socialization theory.Reverse IGI...

The Intergenerational Influence (IGI) is the transmission of beliefs, perceptions, cognition, attitudes and behaviors from one generation to another. It is a fundamental mechanism by which culture is sustained over time. Its key elements are embedded within socialization theory.Reverse IGI...

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In 1991, US electric utilities spent almost $1.8 billion on demand-side management (DSM) programs. These programs cut peak demands 5% and reduced electricity sales 1% that year. Utility projections suggest that these reductions will increase to 9% and 3%, respectively, by the year 2001. However,...

Pacific Northwest Laboratory developed this report for the US Navy's Naval Undersea Warfare Center Division Newport, Rhode Island (NUWC). The purpose of the report was to review options for metering electricity and steam used in the NUWC compound, and to make recommendations to NUWC for...

In order to increase the welfare of society through the implementation of a building energy-performance standard, a method is required by which the least-cost means of obtaining the desired space conditioning of a building can be estimated. In other words, a life-cycle cost model must be...