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This thesis is in two parts. The first part is an extensive literature survey that summarizes and synthesizes several works on bureaucracy from sociology, business administration, and political science as well as economics, prominently featuring selections from Herbert Simon, Anthony Downs,...
Persistent link: https://www.econbiz.de/10009477914
The theoretical consensus supporting free trade has been challenged in the 1980s by new developments in trade theory …
Persistent link: https://www.econbiz.de/10009477943
In economic models in which agents are asymmetrically informed about the structural parameters of the economy the acquisition or manipulation of information plays a crucial role. The incentive to affect the flow of information is especially important in models in which choice variables, and...
Persistent link: https://www.econbiz.de/10009477959
The thesis consists of two parts. The first two essays deal with issues of infrequent trading of stocks, and the third essay concerns a contract called a right of first refusal (RFR). Based on the Beveridge and Nelson (1981, Journal of Monetary Economics) decomposition of an ARIMA process, the...
Persistent link: https://www.econbiz.de/10009477961
Critics of the trait approach to the study of entrepreneurship have called for adaptation of theory from other … entrepreneurial career preference is developed. Social Learning Theory was used to investigate the link between a parent role model …
Persistent link: https://www.econbiz.de/10009459060
economics. In particular we trace the development of Keynes' thought regarding the integration on money and value theory in … and the General Theory in order to highlight the monetary theory of production, the role that money plays in the formation …
Persistent link: https://www.econbiz.de/10009480727
The objectives of this dissertation is to provide a theory of innovation and technological change incorporating the … technological externalities, in a Cournot Nash game theoretic framework. Process innovation theory has focused predominantly on … homogenous. Findings support the theory that both the noncooperative and the cooperative solution do not yield the socially …
Persistent link: https://www.econbiz.de/10009480731
Danthine (Journal of Economic Theory, 1978), in which perfectly competitive risk averse producers can sell their output on the …
Persistent link: https://www.econbiz.de/10009484420
In this dissertation various tests for parameter constancy in dynamic and non-Gaussian econometric models are studied. The emphasis of this dissertation is given to the moving-estimates (ME) and recursive-estimates (RE) tests because these two tests can be easily extended to models with...
Persistent link: https://www.econbiz.de/10009484423
In this thesis, I have examined the models of dynamic competitive behavior on trading information. This information can be seen as a cost reducing manufacturing technique of output. Assume that the value of information is nonincreasing in the number of information holders. For the analysis, two...
Persistent link: https://www.econbiz.de/10009484425