Neumann-Morgenstern expected utility functions using cooperative game theory. The social network literature studies various … numbers of neighbours) of the positions in a network. Although this allows for externalities, in the sense that the … preferences of a position might depend on the way how other positions are connected, these externalities can be taken into account …

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …

This paper studies externalities of nationally determined cost-sharing systems, in particular coinsurance rates …