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Heterogeneity and the fragility of the first best : putting the “micro” in bioeconomic models of recreational resources
Fenichel, Eli P.; Abbott, Joshua K. - In: Resource and energy economics 36 (2014) 2, pp. 351-369
Persistent link: https://www.econbiz.de/10010391593
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From Macro Growth to Disaggregated Production Studies
R. Førsund, Finn; Vislie, Jon - Økonomisk institutt, Universitetet i Oslo - 2011
heterogeneity. The impact of these factors on the nature of economic growth at the macro level is the point of departure of … structural change at the industry level is the short-run function capturing the underlying heterogeneity of the technologies of …
Persistent link: https://www.econbiz.de/10009294754
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Beyond Optimality : Managing Children, Assets, and Consumption over the Life Cycle
Saint-Pierre, Patrick; Bonneuil, Noel - Université Paris-Dauphine (Paris IX) - 2008
successful, but those which are successful are myriad. Agents’ heterogeneity is modelled both by the whole state space where each …
Persistent link: https://www.econbiz.de/10011074029
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Long-Run Market Configurations in a Dynamic Quality-Ladder Model with Heterogeneity
Samano, Mario; Santugini, Marc - Centre Interuniversitaire sur le Risque, les Politiques … - 2015
degree of heterogeneity in the return to investment can mitigate the effect of highly reversible investments on the …
Persistent link: https://www.econbiz.de/10011171542
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Existence of Equilibrium and Zero-Beta Pricing Formula in the Capital Asset Pricing Model with Heterogeneous Beliefs
Sun, Ning; Yang, Zaifu - In: Annals of Economics and Finance 4 (2003) 1, pp. 51-71
We study a mean-variance capital asset pricing model (CAPM) in which investors have different probability beliefs about assets returns and different attitudes towards risk, all assets are risky, short-selling is allowed and satiation is possible. First, we prove that there exists a competitive...
Persistent link: https://www.econbiz.de/10009150910
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Assessing nexus effects of energy use in rural areas: The case of an inter- and intra-household model for Uttar Pradesh, India
Djanibekov, Utkur; Gaur, Varun - 2016
The focus of our analysis is on nexus issues among energy use, incomes, employment, investment decisions, and agricultural production for meeting food and feed demands, as well as health-related effects on rural households. As an example we investigate potential policies, such as public...
Persistent link: https://www.econbiz.de/10011588712
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From macro growth to disaggragated production studies
Førsund, Finn R.; Vislie, Jon - 2011
heterogeneity. The impact of these factors on the nature of economic growth at the macro level is the point of departure of … structural change at the industry level is the short-run function capturing the underlying heterogeneity of the technologies of …
Persistent link: https://www.econbiz.de/10010330229
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Factors substitutability, heterogeneity and endogenous fluctuations in a finance constrained economy
Barinci, Jean-Paul - In: Economic Theory 17 (2001) 1, pp. 181-195
heterogeneity in preferences allows Hopf cycles to be entirely consistent with a wide range of elasticities of substitution …
Persistent link: https://www.econbiz.de/10005753205
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A Continuous-Time Asset Pricing Model with Boundedly Rational Heterogeneous Agents
Gomes, Orlando - EconWPA - 2004
Asset prices are forward looking. This evidence implies that prices of financial assets are essentially determined by the traders expectations about future prices. Another evidence about asset prices is that these do not seem to follow a predictable pattern over time; we observe periods of high...
Persistent link: https://www.econbiz.de/10005413133
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Assessing nexus effects of energy use in rural areas : the case of an inter- and intra-household model for Uttar Pradesh, India
Djanibekov, Utkur; Gauri, Varun - 2016
The focus of our analysis is on nexus issues among energy use, incomes, employment, investment decisions, and agricultural production for meeting food and feed demands, as well as health-related effects on rural households. As an example we investigate potential policies, such as public...
Persistent link: https://www.econbiz.de/10011536574