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Mathematical Models for Planning Support

Kroon, Leo G.; Zuidwijk, Rob - 2012

theory, since most practical planning problems are hard to solve. We also describe how several objective functions can be …

Persistent link: https://www.econbiz.de/10014083575

A New Dantzig-Wolfe Reformulation and Branch-and-Price Algorithm for the Capacitated Lot Sizing Problem with Set Up Times

Degraeve, Zeger; Jans, Raf - 2012

The textbook Dantzig-Wolfe decomposition for the Capacitated Lot Sizing Problem (CLSP),as already proposed by Manne in 1958, has an important structural deficiency. Imposingintegrality constraints on the variables in the full blown master will not necessarily give theoptimal IP solution as only...

Persistent link: https://www.econbiz.de/10014083594

Optimal Deficit-Spending in a Liquidity Trap with Long-Term Government Debt

De Beauffort, Charles - 2022

When the government issues long-term bonds, the optimal time-consistent fiscal and monetary policy is to consolidate debt in a liquidity trap by increasing taxes and by taming public spending. This prescription is at odds with large deficit-spending undertaken in the US during previous liquidity...

Persistent link: https://www.econbiz.de/10014083615

Public Redistribution and Intergenerational Income Dependency

Nielson Arendt, Jacob; Christensen, Mads Lybech - 2022

This study examines intergenerational income dependency in incomes before and after public cash and in-kind transfers. We use administrative data from Denmark and estimate intergenerational dependency with a rank-rank specification. We predict in-kind transfers from childcare, schooling,...

Persistent link: https://www.econbiz.de/10014083621

Searching for Hysteresis

Benati, Luca; Lubik, Thomas A. - 2022

Persistent link: https://www.econbiz.de/10014083631

When is it Optimal to Abandon a Fixed Exchange Rate?

Rebelo, Sérgio; Végh, Carlos A. - 2003

This paper analyzes the optimal time to abandon a fixed exchange rate regime in response to a fiscal shock that renders the peg unsustainable. We consider three variants of an optimization-based first-generation speculative attack model. In the first variant there are exogenous costs of...

Persistent link: https://www.econbiz.de/10014083659

Injecting Adam Smith’s Ideas in the Market for Kidney Transplants

Castro, Walter; Elías, Julio - 2022

injection of Adam Smith's ideas? In this paper, we combine Adam Smith’s ideas of both The Theory of Moral Sentiments and The … instance, his theory of equalizing differences, exposed in Book I, Chapter X, of the Wealth of Nations, provide a base to … combining both the Theory of Moral Sentiments and the Wealth of Nations, and not to consider them separately as isolated …

Persistent link: https://www.econbiz.de/10014083678

Optimal Travel Restrictions in Epidemics

Shi, Wei; Qiu, Yun; Yu, Pei; Chen, Xi - 2022

Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...

Persistent link: https://www.econbiz.de/10014083692

Homosexuality's Signalling Function in Job Candidate Screening : Why Gay is (Mostly) Ok

Sterkens, Philippe; Dalle, Axana; Wuyts, Joey; Pauwels, Ines - 2022

To explain the mixed findings on hiring discrimination against homosexual applicants, we explore the perceptual drivers behind employers' evaluations of gay men and lesbian women. Therefore, we conduct an extensive vignette experiment among 404 genuine recruiters, for which we test...

Persistent link: https://www.econbiz.de/10014083695

Strategic Complexity and the Value of Thinking

Gill, David; Prowse, Victoria L. - 2022

Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...

Persistent link: https://www.econbiz.de/10014083702