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Under-connected and over-connected networks
Buechel, Berno; Hellmann, Tim - 2008
. We approach this gap by analyzing the role of positive and negative externalities of link formation. We find general … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …-defined sense, while situations with negative externalities, tend to induce "too dense" networks. …
Persistent link: https://www.econbiz.de/10009452539
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A brief overview of Banco de España Annual Report 2021 and of most recent macroeconomic projections for the Spanish economy
Gavilán, Ángel
Evento: Virtual Call. Organizado por: OMFIF ; Inflation has continued to accelerate in recent months mainly driven by energy and food, but also by the rise in underlying inflation leading to continuous upward revisions of the inflation rates projected by the analysts’ consensus, for both the...
Persistent link: https://www.econbiz.de/10014569362
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Sind landwirtschaftliche Unternehmer bei Zinssätzen zahlenblind? – Erste empirische Ergebnisse –
Musshoff, Oliver; Hirschauer, Norbert; Wassmuss, Harm - 2009
Landwirte wechseln oft nicht von ihrer Hausbank zu einer anderen Bank, auch wenn diese bessere Konditionen bietet. Diese „Wechselträgheit“ kann zum einen in den Transaktionskosten des Wechsels begründet sein. Zum anderen kann sie aber auch das Ergebnis begrenzt rationalen...
Persistent link: https://www.econbiz.de/10009446408
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Learning to play best response in duopoly games
Wenzelburger, Jan - 2003
We consider a quantity-setting duopoly market where firms lack perfect knowledge of the market demand function. They use estimated and therefore misspecified demand functions instead and determine their optimal strategies from the corresponding subjective payoff functions. The central issue of...
Persistent link: https://www.econbiz.de/10009452463
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An Experimental Study of Executive Decision-making with Implications for Decision Support
Ow, Terence T; Morris, James G - 2010
Past research in the field of information systems has explored factors and conditions that are relevant to decision-making in many contexts. However, very little is known about how executives consider, weigh, and integrate these factors. One current school of thought holds that intuition and...
Persistent link: https://www.econbiz.de/10009484511
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ASYMMETRY IN RAW MILK SAFETY PERCEPTIONS AND INFORMATION: IMPLICATIONS FOR RISK IN FRESH PRODUCE MARKETING AND POLICY
Knutson, Ronald D.; Currier, Russell W.; Ribera, Luis; … - 2010
Scientific evidence clearly indicates that consumption of raw milk carries substantialdisease-inducing health risks. While federal U.S. policy mandates that milk moving in interstatecommerce be pasteurized; within 41 of 50 states, raw milk can be obtained for consumption.Warning labels...
Persistent link: https://www.econbiz.de/10009442762
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Price adjustments in a general model of state-dependent pricing
Costain, James S.; Nakov, Anton - 2008
In this paper, we show that a simple model of smoothly state-dependent pricing generates a distribution of price adjustments similar to that observed in microeconomic data, both for low and high inflation. Our setup is based on one fundamental assumption: price adjustment is more likely when it...
Persistent link: https://www.econbiz.de/10012530218
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14.452 Economic Growth, Fall 2008
Acemoglu, Daron - 2008
Description This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth …
Persistent link: https://www.econbiz.de/10009432111
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An Economic Approach to Climate Change
Bogard, Matt - 2008
reviews some of the literature and economic theory related to externalities, and focuses on two particular economist … situations where choices are incompatible, (often referred to as externalities) and proposing solutions. This presentation …
Persistent link: https://www.econbiz.de/10009466946
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The Impact of a Conditional Cash Transfer Program on Credit Behavior in Colombia
Pineros, Brittany - 2011
This paper investigates the impact of Familias en Acción, a conditional cash transfer program in Colombia, on participant credit behavior. The motivation of the research is derived from previous studies which indicate that conditional cash transfer programs have effects on households aside from...
Persistent link: https://www.econbiz.de/10009468745