Narrow search
Showing 1 - 10 of 230
Cover Image
Equity and International Trade
Francois, Joseph Francis; Rojas-Romagosa, Hugo - 2008
We develop a generalized approach to the treatment of household inequality aspects of social welfare in general equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social welfare related to import protection may be examined...
Persistent link: https://www.econbiz.de/10010294852
Cover Image
Reducing severance costs or subsidizing permanent job creation: Which policy is more effective to reduce duality?
Osuna, Victoria - In: Economics: The Open-Access, Open-Assessment E-Journal 9 (2015) 2015-17, pp. 1-35
market duality between PCs and TCs. The 2006 and 2012 Spanish labour market reforms are used as a benchmark. The results …
Persistent link: https://www.econbiz.de/10011306670
Cover Image
Pricing the multiple-choice nested knapsack problem
Drexl, Andreas; Jørnsten, Kurt - 2007
The multiple-choice nested knapsack problem (MCKP) is a generalization of the ordinary knapsack problem, where the set of items is partitioned into classes. The binary choice of selecting an item is replaced by taking exactly one item out of each class of items. Due to the fact that the MCKP is...
Persistent link: https://www.econbiz.de/10011558832
Cover Image
Pricing the generalized assignment problem
Drexl, Andreas; Jørnsten, Kurt - 2007
The generalized assignment problem (GAP) examines the maximum profit assignment of jobs to processors such that each job is assigned to precisely one processor subject to capacity restrictions on the processors. Due to the fact that the GAP is an NP-hard integer program dual prices are not...
Persistent link: https://www.econbiz.de/10011558833
Cover Image
The Third Worker: Assessing the Trade-off between Employees and Contractors
Martins, Pedro S. - 2016
Firms make labour demand decisions not only between permanent and non-permanent employees but also increasingly more between employees and contractors. Indeed, this third work format can be attractive, also when employment protection law is restrictive. This paper examines empirically this...
Persistent link: https://www.econbiz.de/10011559650
Cover Image
Capital as Power. A Study of Order and Creorder
Nitzan, Jonathan; Bichler, Shimshon - 2009
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an 'economic' entity that they count in universal units of ‘utils’ or 'abstract labour', respectively....
Persistent link: https://www.econbiz.de/10011646688
Cover Image
Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments
Farmer, Leland E.; Toda, Alexis Akira - In: Quantitative Economics 8 (2017) 2, pp. 651-683
Approximating stochastic processes by finite-state Markov chains is useful for reducing computational complexity when solving dynamic economic models. We provide a new method for accurately discretizing general Markov processes by matching low order moments of the conditional distributions using...
Persistent link: https://www.econbiz.de/10011995500
Cover Image
A complete characterization of equilibria in an intrinsic common agency screening game
Martimort, David; Semenov, Aggey; Stole, Lars A. - In: Theoretical Economics 13 (2018) 3, pp. 1151-1189
We characterize the complete set of equilibrium allocations to an intrinsic common agency screening game as the set of solutions to self-generating optimization programs. We provide a complete characterization of equilibrium outcomes for regular environments by relying on techniques developed...
Persistent link: https://www.econbiz.de/10012010054
Cover Image
Duality for general TU-games redefined
Aslan, Fatma; Duman, Papatya; Trockel, Walter - 2019
a modification of the Bondareva-Shapley duality. 3. Via an explicit consideration of "coalition building". 4. Via …
Persistent link: https://www.econbiz.de/10012042159
Cover Image
Productivity gap between tradable and non-tradable industries and duality in higher education
Brezis, Elise S.; Brand, Gilad - 2017
duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … between tradable and non-tradable industries. The duality in the higher-education sector enables a separation of individuals … words, the productivity gap between tradable and non-tradable sectors is fueled by the duality in higher education, leading …
Persistent link: https://www.econbiz.de/10012057419