Showing 1 - 10 of 13,101
This paper provides an axiomatic characterization of two rules for comparing alternative sets of objects on the basis of the diversity that they offer. The framework considered assumes a finite universe of objects and an a priori given ordinal quadernary relation that compares alternative pairs...
Persistent link: https://www.econbiz.de/10011324919
telecommunications is in line with micro-economic theory, which predicts an increase in efficiency and lower prices when markets are …
Persistent link: https://www.econbiz.de/10011506581
The empirical sub-sections of this article have shown that the both production and technology oriented clusters are a very diverse and regionally embedded phenomenon. Within this context, the observed diversity of political strategies and support measures whose ultimate goal is to 'generate...
Persistent link: https://www.econbiz.de/10010309620
This paper identifies the migration policies that emerge when both the sending country and the receiving country wield power to set migration quotas, when controlling migration is costly, and when the decision how much human capital to acquire depends, among other things, on the migration...
Persistent link: https://www.econbiz.de/10010323686
This paper is the first to examine the effect of minimum price guaranteesin a sequential search model. Minimum price guarantees are notadvertised and only known to consumers when they come to the shop.We show that in such an environment, minimum price guarantees increasethe value of buying the...
Persistent link: https://www.econbiz.de/10010325862
This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the ranking of true incomes does not necessarily correspond to the ranking of taxed incomes, the decisive voter can differ...
Persistent link: https://www.econbiz.de/10010427450
We consider a real business cycle model with a productive externality and an aggregate non- convex technology set µa la Benhabib and Farmer embodying capacity utilization, which exhibits indeterminacy of the steady state and multiplicity of deterministic equilibria under plausible values of the...
Persistent link: https://www.econbiz.de/10011753163
We show that the choice of the welfare measure has a substantial impact on the degree of welfare-related health inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration indices. The influence of the welfare measure is more...
Persistent link: https://www.econbiz.de/10011600917
in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … - provided the models is calibrated - this suffice for measurement. This paper explores this construction of a measuring device … measurement to take place by modelling behaviour according to some assumptions, which operate as constraints. While this Weibull …
Persistent link: https://www.econbiz.de/10010325381
the present suboptimal economy. We discuss pros and cons of our approach for the measurement of welfare compared with … other approaches to applied welfare economics, especially the measurement of deadweight loss. …
Persistent link: https://www.econbiz.de/10010332307