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Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto inefficient, contradicting the main assumption of most collective models of intrahousehold bargaining. He finds that among plots planted with the same crop in the same year, within a...
Persistent link: https://www.econbiz.de/10003287812
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 …-Based Simulation Model ; Evolutionary Economics …
Persistent link: https://www.econbiz.de/10003796467
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/10003810143
In recent years, the international community has expanded efforts in programme evaluation to improve the accountability of development projects. This paper presents approaches to implementing state-of-the-art evaluations in rural electrification projects, taking into account specific challenges...
Persistent link: https://www.econbiz.de/10003884946
-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration … back home. We test the predictions of the model using data from Egypt. We find that, even after controlling for the …
Persistent link: https://www.econbiz.de/10003909683
While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social distances when information asymmetries are present....
Persistent link: https://www.econbiz.de/10003968672
While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social distances when information asymmetries are present....
Persistent link: https://www.econbiz.de/10003973633
The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused traditionally on high intensity markets under the...
Persistent link: https://www.econbiz.de/10003973902
positive externalities, is to either subsidize the research of these technologies or their distribution. This model … implementation are more important to the government, the model offers the appropriate tools to attain its objective. …
Persistent link: https://www.econbiz.de/10003951879
Much of the theoretical and empirical research regarding the impact of policy shifts on the economies of developing countries has tended to focus on macro-level aggregates, without adequate attention to sectoral-level dynamics. In the literature where such dynamics are emphasized, the focus has...
Persistent link: https://www.econbiz.de/10003958097