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This Essay attempts to determine the correct regulatory takings compensation policy given the general doctrinal framework in other bodies of American law. In particular, it addresses the following questions. First, given a compensation requirement for eminent domain, is it sensible to interpret...
Persistent link: https://www.econbiz.de/10014213547
This paper develops a model of criminal behavior that analyzes how such behavior may be associated with both individual and neighborhood poverty. Importantly, this model distinguishes between basic property crimes such as burglary and larceny, and interpersonal violent crimes such as robbery and...
Persistent link: https://www.econbiz.de/10014213550
I develop a model of marriage matching where males and females care about two distinct characteristics of their spouse - beauty and earnings. Each individual's beauty is exogenous, but earnings depend on human capital investments made by each individual prior to entering the marriage market. I...
Persistent link: https://www.econbiz.de/10014213579
The "Cost of Basic Needs" (CBN) approach to drawing consumption-based poverty lines is widely applied and lays credible claim to being the best practice for estimating poverty measures. Unfortunately, a growing mass of evidence indicates that poverty estimates obtained under the CBN approach are...
Persistent link: https://www.econbiz.de/10014213582
The multi-mode resource-constrained project scheduling problem (MRCPSP) involves the determination of a baseline schedule of the project activities, which can be executed in multiple modes, satisfying the precedence relations and resource constraints while minimizing the project duration. During...
Persistent link: https://www.econbiz.de/10014213596
Household scale economies are plausibly attributed to shared household public goods that make larger households better off at the same level of per capita resources. Larger households should therefore have higher per capita consumption of private goods, such as food, provided that they do not...
Persistent link: https://www.econbiz.de/10014213598
This paper presents a utility function model of donors who need to determine their donation to a charity organization that structures and publishes donations by tiers. By considering the prestige associated with each tier level, our analysis suggests that a tiered scheme generates an incentive...
Persistent link: https://www.econbiz.de/10014213604
We develop a system dynamics model of message-based communication, where the information-processing capacity of message recipients is limited. Profit-seeking broadcasters send messages, but only some of these messages are valuable to recipients. Recipients cannot determine whether or not a...
Persistent link: https://www.econbiz.de/10014213606
This paper provides a prospective and retrospective quantitative assessment of the impact of a passive vertical integration between a large electricity retailer and a large electricity generator in the Australian National Electricity Market (NEM). We adapt a standard model of fixed-price forward...
Persistent link: https://www.econbiz.de/10014213620
Commentators have often Claimed that Canada's competition legislation is among the most economically sophisticated in the world. In large part, this claim is based on the explicit recognition given to efficiency as an overall criterion in the Competition Act (the "Act") (section 1.1) and as a...
Persistent link: https://www.econbiz.de/10014213624