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Power, Profit and Inflation: A Study of Inflation and Influence in Pakistan

Ali, Syed Ozair - 2011

An economist’s take on differential accumulation and inflation in Pakistan. Our analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumulation rejects the...

Persistent link: https://www.econbiz.de/10011645022

Sequential optimality conditions for cardinality-constrained optimization problems with applications

Kanzow, Christian; Raharja, Andreas B.; Schwartz, Alexandra - In: Computational Optimization and Applications 80 (2021) 1, pp. 185-211

Recently, a new approach to tackle cardinality-constrained optimization problems based on a continuous reformulation of the problem was proposed. Following this approach, we derive a problem-tailored sequential optimality condition, which is satisfied at every local minimizer without requiring...

Persistent link: https://www.econbiz.de/10014501409

Gross substitutes and endowed assignment valuations

Ostrovsky, Michael; Paes Leme, Renato - In: Theoretical Economics 10 (2015) 3, pp. 853-865

We show that the class of preferences satisfying the Gross Substitutes condition of Kelso and Crawford (1982) is strictly larger than the class of Endowed Assignment Valuations of Hatfield and Milgrom (2005), thus resolving the open question posed by the latter paper. In particular, our result...

Persistent link: https://www.econbiz.de/10011599555

Coherent banking capital and optimal credit portfolio structure

Breuer, Wolfgang; Gürtler, Marc - 2006

Coherent measures of a bank's whole risk capital imply a structure of a bank's optimal credit portfolio that is independent of its deposits and the expected deposit rate, of expected bankruptcy costs and of expected costs of regulatory capital.

Persistent link: https://www.econbiz.de/10010307963

Kern-, Eineltern- und Stieffamilien in Europa: Eine Analyse ihrer Häufigkeit und Einbindung in haushaltsübergreifende Strukturen

Steinbach, Anja; Kuhnt, Anne-Kristin; Knüll, Markus - 2015

comparisons of the prevalence of complex family structures that emerge from divorce and separation as predicted by crude divorce …

Persistent link: https://www.econbiz.de/10011335339

Extreme Adverse Selection, Competitive Pricing, and Market Breakdown

Mailath, George J.; Nöldeke, Georg - 2006

Extreme adverse selection arises when private information has unbounded support, and market breakdown occurs when no trade is the only equilibrium outcome. We study extreme adverse selection via the limit behavior of a financial market as the support of private information converges to an...

Persistent link: https://www.econbiz.de/10011390606

Partnership dissolution: How does it affect income, employment and well-being?

Brewer, Mike; Nandi, Alita - 2014

than men, on average, upon separation, but find that the fall in living standards is much greater for those women and … health and life satisfaction decline around separation, but both return quickly to pre-split levels at rates which are little …

Persistent link: https://www.econbiz.de/10011418988

Incentive Compatibility and Differentiability New Results and Classic Applications

Mailath, George J.; von Thadden, Ernst-Ludwig - 2013

of types incentive compatibility plus separation implies differentiability of the informed agent's strategy. The new …

Persistent link: https://www.econbiz.de/10010334081

Incentives for separation and incentives for public good provision

Staal, Klaas - 2006

In this paper I examine the incentives of regions to unite, to separate and to provide public goods. Separation allows … of scale in the provision of public goods. When public good provision is relatively inexpensive, separation occurs since … individuals want to assert greater influence, while for intermediate costs of public good provision, separation can be explained …

Persistent link: https://www.econbiz.de/10010334143

Ethnic identity: A theoretical framework

Epstein, Gil S.; Heizler, Odelia - In: IZA Journal of Migration 4 (2015), pp. 1-11

We present a basic theoretical framework of ethnic identity, i.e., the level of immigrant's commitment to his or her host society as well as the immigrant's commitment to his or her home society. Our model can explain the emerging empirical literature which studies the effect of the immigrants'...

Persistent link: https://www.econbiz.de/10011586037