Showing 1 - 10 of 208
This paper presents an extension of the two-period Samaritan's Dilemma in order to analyze the potential for foreign aid to promote freedom. An example is the United States' recent opening towards Cuba. It is shown that a donor nation's dual concern for economic reforms and greater freedoms can...
Persistent link: https://www.econbiz.de/10012009872
Standard economic theory provides clear guidance on the design of cost-efficient policy in the presence of imperfect markets and externalities. However, observed policies reveal extensive discrepancies between principles and practise. Based on interviews with core politicians from the Norwegian...
Persistent link: https://www.econbiz.de/10011968491
The study examines the role of maternal mortality rate (MMR) and infant mortality rate (IMR) in policy formulation in the Philippines, specifically the controversial legislation of Republic Act 1034, otherwise known as "The Responsible Parenthood and Reproductive Health Act of 2012". It involves...
Persistent link: https://www.econbiz.de/10011784806
In the early 2000s the Inter-American Development Bank launched a visionary and influential research agenda that dramatically improved understanding of the policymaking process (PMP) in Latin America. It did so by detailing the role played by key actors in the PMP and how those actors interacted...
Persistent link: https://www.econbiz.de/10011786375
that when an emotion is associated with the appraisal of uncertainty (certainty), consumers infer that their affective … indulge more when their affective state is associated with certainty because indulging will not hurt their positive state … indulgence, these findings suggest that the certainty appraisal of specific emotions is important in predicting indulgent …
Persistent link: https://www.econbiz.de/10010352126
We consider a basic logic with two primitive uni-modal operators: one for certainty and the other for plausibility. The … be plausible. We consider several interaction properties between certainty and plausibility and study how these …
Persistent link: https://www.econbiz.de/10011936494
Economists invoke Mundell (1961) in arguing for the general policy of a flexible exchange rate regime as a means of restoring equilibria after shocks. But there is a discrepancy between the intent of the general policy and attempts at its implementation as identified by specific changes in...
Persistent link: https://www.econbiz.de/10010263183
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the...
Persistent link: https://www.econbiz.de/10010292344
this new framework to investments in the electricity sector. In particular, a real options model is used to assess the …
Persistent link: https://www.econbiz.de/10010294022
-based regulation of access charges for electricity grids enhances competition in the downstream-market. The paper shows that the …
Persistent link: https://www.econbiz.de/10010296926