Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in … an important link between instrument choice and policy stringency, based on the observation that both of these elements … of policy design depend on the same underlying information, namely the marginal benefit and cost slopes. This result is …

This article discusses the problem of making practical use of research on entrepreneurship. The introduction deals with … differences can be bridged. Regarding entrepreneurship research specifically it is argued in the following section that there are … numerous indications that such research does "Nothing much, really" for business and policy practice. The suggested reason is …

This dissertation considers optimal government policy when agents in the economy are privately informed about their … various characteristics. The first chapter deals with optimal education policy. Raising children is an important productive … implications for policy. There are two key frictions: first, parental altruism type is private information; second, it is …

variability in both prices and yields. A comprehensive set of stylised risk reducing policy measures is represented. A calibration … between policy measures and market strategies in terms of impacts on production, welfare and risk. Risk reducing strategies … reflected in the farmer's risk aversion. The policy package set up by the government matters because measures interact between …

conservation with development interventions. Particularly, in marginal and risk prone areas erosion of resilience could make …

set of formal and informal market-regulating and market-stabilising institutions. The following positive institutional …

are blind to the cultures and institutions which characterize different kinds of capitalism. This conclusion is reached by …; institutions; culture; variety; cumulative causationcausation. …

In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia …. By utilizing new Global Entrepreneurship Monitor (GEM) data collected in 2001, we investigate the effects of the weak …

In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced … entrepreneurial development in Russia. We utilize Global Entrepreneurship Monitor (GEM) data collected in 2001 and 2002 to investigate … the effects of the weak institutional environment in Russia on entrepreneurship, comparing it first with all available GEM …

that firms in young industries are exposed to multiple institutional pressures from professional groups, policy makers …