Showing 1 - 10 of 633
An ecosystem approach means different things to different people. As a result the concept of ecosystem-based fishery management is evolving and it has no universal definition or consistent application. As regards ecosystem modeling, most economic models of fishery ignore the linkages to lower...
Persistent link: https://www.econbiz.de/10010321701
of a house and the real estate broker hired by the seller. The model is then used to calibrate the broker's commission … to reduce prices generates faster sales and hence improves social welfare, the usual commission rate of 6 percent exceeds … the buyer's and seller's brokers and the agencies that employ these realtors) split the commission, then a 6 percent …
Persistent link: https://www.econbiz.de/10010280960
This statistical study refines and updates Sharpe's empirical paper (1975, Financial Analysts Journal) on switching between US common stocks and cash equivalents. According to the original conclusion, profitable market timing relies on a representative portfolio manager who can correctly...
Persistent link: https://www.econbiz.de/10012588009
We show how frictions and continuous transfers jointly affect equilibria in a model of matching in trading networks. Our model incorporates distortionary frictions such as transaction taxes, bargaining costs, and incomplete markets. When contracts are fully substitutable for firms, competitive...
Persistent link: https://www.econbiz.de/10012212204
Persistent link: https://www.econbiz.de/10011762841
Persistent link: https://www.econbiz.de/10001371753
Persistent link: https://www.econbiz.de/10001643304
Persistent link: https://www.econbiz.de/10001125698
Persistent link: https://www.econbiz.de/10001166123
Persistent link: https://www.econbiz.de/10001394921