Showing 1 - 10 of 10,321
Persistent link: https://www.econbiz.de/10010391568
Persistent link: https://www.econbiz.de/10013190028
Persistent link: https://www.econbiz.de/10001805971
This article investigates the role played by informational cost in agricultural land markets to explain price dispersion. Based on a hedonic model under incomplete information, we build a two-tier stochastic frontier. By linking costs of being information deficient to agent characteristics such...
Persistent link: https://www.econbiz.de/10012115014
Improving information about individual opportunity costs of deforestation agents has the potential to increase the … from REDD, having full information may not increase the amount of forest conserved but could lead to a redistribution of … rents away from agents. By contrast, for an environmental policy maker focused on maximizing the amount of forest conserved …
Persistent link: https://www.econbiz.de/10010753156
Improving information about individual opportunity costs of deforestation agents has the potential to increase the … from REDD, having full information may not increase the amount of forest conserved but could lead to a redistribution of … rents away from agents. By contrast, for an environmental policy maker focused on maximizing the amount of forest conserved …
Persistent link: https://www.econbiz.de/10010754230
Improving information about individual opportunity costs of deforestation agents has the potential to increase the … from REDD, having full information may not increase the amount of forest conserved but could lead to a redistribution of … rents away from agents. By contrast, for an environmental policy maker focused on maximizing the amount of forest conserved …
Persistent link: https://www.econbiz.de/10011099083
We provide a general characterization of the structure of rational expectations equilibria of any degree of revelation for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial market and nominal assets. We estimate the dimension of the...
Persistent link: https://www.econbiz.de/10009635915
This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...
Persistent link: https://www.econbiz.de/10009636533
Persistent link: https://www.econbiz.de/10000887127