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A low-cost foreign firm lowers its initially high price--dumping if necessary--until it drives the higher cost domestic firms out of business,whereupon it raises its price. At no time, however, does the foreign firm predate (price below its marginal cost). Tariffs, quotas, and other policies...
Persistent link: https://www.econbiz.de/10010537427
The last twenty years have witnessed tremendous advances in the mathematical, statistical, and computational tools …
Persistent link: https://www.econbiz.de/10005453780
This essay discusses the implications for the evolution of mathematical economics of the ideas presented in E. Roy … Weintraub's How Economics Became a Mathematical Science . A central issue in the discussion is the nature of formalism and … axiomatization in mathematical economics, how that has evolved in mathematics, and how that evolution has influenced developments in …
Persistent link: https://www.econbiz.de/10005750029
The last twenty years have witnessed tremendous advances in the mathematical, statistical, and computational tools …
Persistent link: https://www.econbiz.de/10005696690
A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive …
Persistent link: https://www.econbiz.de/10010681133
This paper interprets Weintraub's book, How Economics Became a Mathematical Science , to suggest why Keynes's General … meant by "rigor" and "proof" in mathematical analysis? Mathematicians' and economists' views about these concepts keep …'s analysis shows that the mathematical scientist emperor of mainstream economics is without clothes. …
Persistent link: https://www.econbiz.de/10005225563
This article investigates the measurement invariance of 3 related constructs across 2 groups sampled from Anglophone and Francophone adult populations. Multiple-group confirmatory factor analyses explored the factor structures of the Domain-Specific Risk-Taking (DOSPERT) Scale (Weber, Blais, &...
Persistent link: https://www.econbiz.de/10005100626
This article reports new findings on the incidence of risk and the associated experience of harm reported by children and adolescents aged 11–16, regarding receipt of sexual messages on the internet (known popularly as sexting). Findings showed that the main predictors of the risk of seeing or...
Persistent link: https://www.econbiz.de/10011126568
We experimentally investigate a new variant of the trust/investment game that captures some key features of internet peer-to-peer (P2P) lending: the borrower specifies the amount of money required and makes a contingent promise about the value of the generally higher repayment prior to the...
Persistent link: https://www.econbiz.de/10010885966
This report, the second from a large-scale study for the U.S. Department of Education’s Institute of Education Sciences of four early math programs, shows that the curriculum used by the study schools mattered. The study examined (1) Investigations in Number, Data, and Space (Investigations),...
Persistent link: https://www.econbiz.de/10010924426