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Petty corruption: A game-theoretic approach

Lambert-Mogiliansky, Ariane; Majumdar, Mukul; Radner, Roy - 2008

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of bureaucrats. Each entrepreneur's project is approved if and only if it is cleared by each bureaucrat. The project value is stochastic; its value is observed only by the entrepreneur,...

Persistent link: https://www.econbiz.de/10010292052

Competition and the Evolution of Market Structure in the E-conomy : A Simulation Analysis

Friedrich, B. Cornelia - 2004

In this paper an evolutionary simulation model, based on replicator dynamics, is developed. The purpose is to identify …

Persistent link: https://www.econbiz.de/10010296777

An Evolutionary Agent-based simulation model for the industry life cycle

Lehmann-Waffenschmidt, B. Cornelia - 2008

aggregate functions, the model of this paper generates a self-organizing ILC. A general evolutionary agent-based simulation … model is developed that can be adapted for specific branches of industry. The results enable conclusions to be drawn for …

Persistent link: https://www.econbiz.de/10010300629

What is infrastructure?

Buhr, Walter - 2003

After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...

Persistent link: https://www.econbiz.de/10010322069

A Geometry of Specialization

Francois, Joseph F.; Nelson, Douglas - 1998

Division of labor models have become a standard analytical tool, along withcompetitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical...

Persistent link: https://www.econbiz.de/10010324639

Convergence, Shocks and Poverty

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - 2002

Using a unique panel data set for rural households in Zimbabwe we estimate amicroeconomic model of growth under … shocks have strong and persistent effects. In this model shocksaffect aggregate growth both ex ante and ex post. These …

Persistent link: https://www.econbiz.de/10010324873

Vulnerability in a Stochastic Dynamic Model

Elbers, Chris; Gunning, Jan Willem - 2003

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model …

Persistent link: https://www.econbiz.de/10010325021

Favoritism in the Public Provision of Goods in Developing Countries

Batabyal, Amitrajeet A.; Nijkamp, Peter - 2004

Goods are often allocated publically by means of queuing processes in developing countries.In such situations, which group of citizens should a corrupt government official favor? In addition,what should be the basis for this favoritism? To the best of our knowledge, these salient questionshave...

Persistent link: https://www.econbiz.de/10010325471

Forecasting Aggregate Productivity using Information from Firm-Level Data

Bartelsman, Eric J.; Wolf, Zoltan - 2009

for richer forecasting specifications, the paper shows, using Bayesian model averaging techniques (BMA), that the …

Persistent link: https://www.econbiz.de/10010325710

Structural change of production and consumption: A micro to macro approach to economic growth and income distribution

Ciarli, Tommaso; Lorentz, André; Savona, Maria; … - 2008

We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both … an evolutionary model with agentbased microfoundations. At the core of the model we take into account: (i) firmlevel … income of workers/consumers; and (iii) the consequent changes in consumption patterns. The model thus articulates the links …

Persistent link: https://www.econbiz.de/10010328363

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