Narrow search
Showing 1 - 10 of 7,535
Cover Image
Estimating output mix effectiveness : a scenario approach
Hanson, Torbjørn - 2016
The ability of public sector policy makers to prioritize has a huge impact on the effectiveness of public service provision. Public services can take the form of final outputs demanded by consumers or of intermediate outputs contributing to a process of realizing the higher goals of society. In...
Persistent link: https://www.econbiz.de/10011585156
Cover Image
Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth
Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Cover Image
Crime and (a preference for) punishment : the effects of drug policy reform on policing activity
Soliman, Adam - 2021
We still know very little about the incentives of police, often due to data constraints and the underlying policy environment. Using geocoded crime data and a novel source of within-city spatial and temporal variation in punishment severity, I am able to shed light on enforcement behavior. I...
Persistent link: https://www.econbiz.de/10012607030
Cover Image
The Mask of Virtue : Theories of Aretaic Legislation in a Public Choice Perspective
Kochan, Donald J. - 2014
This Article is a first-of-its-kind application of public choice theory to recently developing theories of virtue jurisprudence. Particularly, this Article focuses on not-yet-developed theories of aretaic (or virtue-centered) legislation. This Article speculates what the contours of such...
Persistent link: https://www.econbiz.de/10014147157
Cover Image
Agent-Based Simulation as an Implementation of Methodological Individualism
Di Iorio, Francesco - 2017
This paper investigates the relationship between methodological individualism (MI) and Agent-Based Simulation (ABS). We …
Persistent link: https://www.econbiz.de/10012941745
Cover Image
Agent-based simulation as an implementation of methodological individualism
Di Iorio, Francesco; Chen, Shu-Heng - 2017
This paper investigates the relationship between methodological individualism (MI) and Agent-Based Simulation (ABS). We …
Persistent link: https://www.econbiz.de/10011760027
Cover Image
Kriging Models that are Robust with Respect to Simulation Errors
Siem, A.Y.D; den Hertog, Dick - 2007
-consuming simulations. These simulations often contain simulation-model errors in the output variables. In the construction of meta …-models, these errors are often ignored. Simulation-model errors may be magnified by the meta-model. Therefore, in this paper, we … study the construction of Kriging models that are robust with respect to simulation-model errors. We introduce a robustness …
Persistent link: https://www.econbiz.de/10014224357
Cover Image
Risk Budgeting Portfolios from Simulations
Costa, Bernardo Freitas Paulo da; Pesenti, Silvana M.; … - 2022
Risk budgeting is a portfolio strategy where each asset contributes a prespecified amount to the aggregate risk of the portfolio. In this work, we propose a numerical framework that uses only simulations of returns for estimating risk budgeting portfolios. Specifically, we provide a Sample...
Persistent link: https://www.econbiz.de/10013296816
Cover Image
Ageing municipalities, gerontocracy and fiscal competition
Montén, Anna (contributor); Thum, Marcel (contributor) - 2008
We develop a simple model of fiscal competition among ageing municipalities. When ageing advances, gerontocracies and social planners gradually substitute publicly provided goods aimed at the mobile young population for publicly provided goods for the elderly. This substitution process does not...
Persistent link: https://www.econbiz.de/10003790977
Cover Image
Do re-election probabilities influence public investment?
Fiva, Jon H.; Natvik, Gisle James - 2009
We identify exogenous variation in incumbent policymakers' re-election probabilities and explore empirically how this variation affects the incumbents' investment in physical capital. Our results indicate that a higher re-election probability leads to higher investments, particularly in the...
Persistent link: https://www.econbiz.de/10003861777