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Why do lawyers in some jurisdictions continue to ‘automatically’ exclude the 1980 UN Convention on Contracts for the International Sale of Goods (CISG) in their choices of law for international sales contracts? Why do lawyers in other jurisdictions approach the decision very differently? Why...
Persistent link: https://www.econbiz.de/10014192105
In their book Climate Change Justice, Eric Posner and David Weisbach advocate adoption of an economically optimal …
Persistent link: https://www.econbiz.de/10014180269
We study the problem of allocating COVID-19 vaccines or other scarce and heterogeneous medical resources to patients. We develop algorithms for maximizing aggregate match-effectiveness subject to fairness and distributional constraints. Our solution uses a novel cutoff characterization result...
Persistent link: https://www.econbiz.de/10013236639
This paper reviews literature as well as explores analytical findings on the theory of national competitive advantage to define the trend and pattern of international trade from an emerging market perspective. For this purpose, RMG sector of Bangladesh is taken as an example industry, as its...
Persistent link: https://www.econbiz.de/10012771556
Advances in information technology have fundamentally altered how we make decisions, as well as the range of alternative options we might consider when deciding. From fairly trivial decisions to important ones, our decisions are increasingly informed by online expert or “crowd-sourced”...
Persistent link: https://www.econbiz.de/10014111234
The issue of outsourcing jobs abroad stirs great emotion among Americans. Economic free-traders fiercely defend outsourcing as a positive for the U.S. economy while critics contend that corporate desire for low wages solely drives this practice. In this study I focus on a specific type of...
Persistent link: https://www.econbiz.de/10014057441
The living wage standard has emerged as a norm in global initiatives targeting supply chain labor practices. This is unexpected, because the living wage, if actually paid, could impose substantial new supply chain costs. There is also considerable disagreement on how to calculate a living wage...
Persistent link: https://www.econbiz.de/10014155019
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10010258037
We study the evolution of interest about climate change between different actors of the population, and how the interest of those actors affect one another. We first document the evolution individually, and then provide a model of cross influences between them, that we then estimate with a VAR....
Persistent link: https://www.econbiz.de/10013358947
This paper studies the social and economic responses to the COVID-19 pandemic in a large sample of countries. I stress, in particular, the importance of countries' interconnections to un-derstand the spread of the virus. I estimate a Global VAR model and exploit a dataset on existing social...
Persistent link: https://www.econbiz.de/10012263745