Showing 1 - 10 of 55
We derive a simple expression for the income-pollution path using the standard static model of the environmental Kuznets curve (EKC). This expression makes it straightforward to identify the general characteristics of utility and pollution functions that lead to such a curve. We show that...
Persistent link: https://www.econbiz.de/10005290985
Persistent link: https://www.econbiz.de/10005366792
Persistent link: https://www.econbiz.de/10005336654
We derive a simple expression for the income-pollution path using the standard static model of the environmental Kuznets curve (EKC). This expression makes it straightforward to identify the general characteristics of utility and pollution functions that lead to such a curve. We show that...
Persistent link: https://www.econbiz.de/10009392589
Persistent link: https://www.econbiz.de/10005100269
Researchers often report point estimates of turning point(s) obtained in polynomial regression models but rarely assess the precision of these estimates. We discuss three methods to assess the precision of such turning point estimates. The first is the delta method that leads to a normal...
Persistent link: https://www.econbiz.de/10005511883
One criterion for evaluating voting rules is the frequency with which they select the best candidate. Using a spatial model of voting that is capable of simulating data with the same statistical structure as data from actual elections, we simulate elections for which we can define the best...
Persistent link: https://www.econbiz.de/10010988255
We estimate the frequencies with which ten voting anomalies (ties and nine voting paradoxes) occur under 14 voting rules, using a statistical model that simulates voting situations that follow the same distribution as voting situations in actual elections. Thus the frequencies that we estimate...
Persistent link: https://www.econbiz.de/10010848177
There are three separate strands of literature in economics that are related to the efficiency of takings under eminent domain: one addresses the question of optimal compensation for properties that are taken, the second inquires how governments might learn the values of properties that they...
Persistent link: https://www.econbiz.de/10010883407
The Borda Compromise states that, if one has to choose among five popular voting rules that are not Condorcet consistent, one should always give preference to the Borda rule over the four other rules. We assess the theoretical as well as the empirical support for the Borda Compromise. We find...
Persistent link: https://www.econbiz.de/10010949841