Similar Search Results

The Effects of Carbon Taxes on the Welfare of Households Using Multiple Energy Sources

Matsumoto, Shigeru - 2023

Households use a variety of energy services by combining several sources of energy, such as electricity, gas, and kerosene. However, the effects of carbon taxes on the welfare of households using multiple energy sources have not yet been fully investigated. In this study, we propose a...

Persistent link: https://www.econbiz.de/10014260779

Ambiguous Priors and Base Rate Neglect

Li, Jiangyan; Qiu, Jianying; Weitzel, Utz - 2023

Base rate neglect typically involves the underweighting of priors in a world with objective probability distributions (Kahneman and Tversky, 1973). In reality, however, individuals often face scenarios with ambiguous priors, in which they have no full confidence. We show, theoretically, that...

Persistent link: https://www.econbiz.de/10014260784

With Liberty and Reinsurance for All : The Deep Case for a Government Backstop in Health Care

Ho, Christina S. - 2023

One long-overlooked government function is the provision of reinsurance to insurers and other private entities to help absorb catastrophic costs when losses exceed what those institutions could be expected to bear. Yet the U.S. government fails to reinsure the health plans of ordinary Americans,...

Persistent link: https://www.econbiz.de/10014260789

Towards a Transnational Model of Bankruptcy Law?

Cavallini, Cesare; Gaboardi, Marcello - 2023

on bankruptcy. The New Creditors’ Bargain Theory suggests a broad understanding of the creditors’ power in determining … between the New Creditors Bargain Theory and the new E.U. law on preventive restructuring frameworks. By comparing the U ….S. legal theory with the E.U. legal rules, the analysis brings a transnational model of bankruptcy law to the forefront …

Persistent link: https://www.econbiz.de/10014260794

Does 'Coordination Magic' Exist in Two-Sided Markets? An Experimental Investigation

Dong, Yali; Gao, Zi-You; Han, Xiao; Jiang, Rui; Wang, Wen-Xu - 2023

We propose a two-sided market entry game and present experiments studying coordination behavior in the game. The two-sided market in the game is operated by an intermediary monopoly platform, serving two sides (i.e., customers and service providers) and featuring asymmetric agents, cross-side...

Persistent link: https://www.econbiz.de/10014260795

The Economic Opportunity Cost of Green Recovery Plans

Fitzgerald, Timothy; Mulligan, Casey B. - 2023

Advocates in several countries have promoted a “green recovery” from the pandemic, with an emphasis on measures to address climate objectives. We evaluate proposals for the United States and find that as stated, ambitious plans to further cut emissions from transportation and electricity...

Persistent link: https://www.econbiz.de/10014260800

Asymptotically Optimal Energy Consumption and Inventory Control in a Make-to-Stock Manufacturing System

Ozkan, Erhun; Tan, Baris - 2023

We study energy consumption and inventory control in a make-to-stock manufacturing system. We consider a Markovian system with a single server. The server consumes energy, and the associated energy cost depends on the server state: a busy server consumes more power than an idle server does, and...

Persistent link: https://www.econbiz.de/10014260814

Hotspots for Emerging Epidemics : Multi-Task and Transfer Learning over Mobility Networks

Hao, Shuai; Xu, Yuqian; Mukherjee, Ujjal Kumar; … - 2023

The sudden emergence of epidemics, such as COVID-19, entails economic and social challenges requiring immediate attention from policy makers. An essential building block in implementing mitigation policies (e.g., lockdowns, testing, and vaccination) is the identification of potential hotspots,...

Persistent link: https://www.econbiz.de/10014260815

Government Deficits and Interest Rates : A Keynesian View

Palatiello, Brett; Pilkington, Philip Clarke - 2023

We test the neoclassical loanable funds model which postulates that, ceteris paribus, government borrowing increases the long-term rate of interest. The empirical literature exploring such a connection remains largely mixed. We clarify the conflicting results by deploying an ARDL model to...

Persistent link: https://www.econbiz.de/10014260824

Application of Quantum Computing in Discrete Portfolio Optimization

Shunza, Justus; Akinyemi, Mary; Yinka-Banjo, Chika - 2023

This article proposes a new, more efficient quantum algorithm for portfolio optimization and uses quantum combinatorial optimization (QCO) techniques. The recent construction developed in 2021 has sparked the field of financial portfolio optimization through the Quantum Walk Optimization...

Persistent link: https://www.econbiz.de/10014260828