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We examine an economy where professionals provide services to clients and where a professional can sell his practice to another. Professionals vary in quality, and clients in their need (or willingness-to-pay) for high-quality service. Efficiency is measured as the number of matches between...
Persistent link: https://www.econbiz.de/10005015223
We examine the effects of famine relief efforts (food aid) in regions undergoing civil war. In our model, warlords seize a fraction of all aid entering the region. How much they loot affects their choice of army size; therefore the manner in which aid is delivered influences warfare. We identify...
Persistent link: https://www.econbiz.de/10005015275
This paper presents a model of conflict which allows belligerents to recruit both adults and children as soldiers. Warlords fight over the country's productive (i.e. non-military) output, and are aware of the tradeoff involved in recruitment: anyone who becomes a soldier cannot produce output....
Persistent link: https://www.econbiz.de/10005015286
In this paper, we build a model of agrarian economies in which a kleptocratic government taxes farmers to maximize its life-time utility. The model is a dynamic general equilibrium model in which the subsistence of farmers requires a minimum level of consumption. We analyze the effect that a...
Persistent link: https://www.econbiz.de/10005015294
We examine an economy where professionals provide services to clients and where a professional can sell his practice to another. Professionals vary in quality, and clients in their need (or willingness-to-pay) for high-quality service. Efficiency is measured as the number of matches between...
Persistent link: https://www.econbiz.de/10014217968
We examine the effects of famine relief efforts (food aid) in regions undergoing civil war. In our model, warlords seize a fraction of all aid entering the region. How much they loot affects their choice of army size; therefore the manner in which aid is delivered influences warfare. We identify...
Persistent link: https://www.econbiz.de/10014052427
French Abstract: Cet article présente un modèle théorique de conflit entre deux joueurs avec intervention par une force de maintien de la paix. Cette force est considérée comme un contingent militaire qui peut, selon les circonstances, s'aligner avec l'un des deux adversaires, agir...
Persistent link: https://www.econbiz.de/10014116061
This paper deals with volume of trade and distribution of surplus in markets subject to adverse selection. The benchmark case -- a variation of Akerlof's lemons model -- is that of a market where two qualities of a good are offered, in proportions such that, if a single price is required to...
Persistent link: https://www.econbiz.de/10005827147