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We provide a novel (and old) argument for the nonequivalence of tariffs and quotas, based on the famous paper by Hotelling (1931). Unlike tariffs, quantitative restrictions are inherently dynamic. As long as the foreign exporter earns positive marginal profits, he raises their present value by...
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This paper provides a brief review of the connecting literature in management science, economics and finance, and …
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Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both … supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The … marginalists - especially Jevons and Walras - viewed Cournot's (1838) book on mathematical economics as a seminal work on which …
Persistent link: https://www.econbiz.de/10011695287
The paper provides a review of the literature that connects Big Data, Computational Science, Economics, Finance … testing have good size and high power. Thereafter, academics and practitioners could apply theory to analyse some interesting …
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This paper provides a review of some connecting literature in Decision Sciences, Economics, Finance, Business …
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