We introduce a spatial cost topology in thenetwork formation model analyzed by Jackson andWolinsky, Journal of Economic Theory 71 (1996), 44--74. This cost topology mightrepresent geographical, social, or individualdifferences. It describes variable costs ofestablishing social network...

This dissertation attempts to construct a theory which states that forms of enterprise are determined to a large extent by potential market failure. In the four independent, but closely interrelated chapters, I derive this hypothesis through theoretical reasoning, and suppose it by referring to...

Risk is an important concern in the management of a farm business. The rising input prices along with the variability in the farm commodity prices may result in a risk environment. Government programs have generally provided income support to farmers. However, there has been considerable...

Group lending has received a great attention from economists and policymakers for its successful delivery of credit to poor borrowers and its role in alleviating poverty in the developing countries. The success of group lending in providing credit to poor borrowers has been attributed to its...

This dissertation focuses on two research themes related to econometric estimation oflinear almost ideal demand systems (LAIDS) for U.S. meats. The first theme addresses whethernonstationarity (unit-roots and cointegration) contributes to a dynamic specification of LAIDSmodels. The results of...

This dissertation consists of three essays on corporate acquisitions, bidders liquidity and monitoring. In the first essay, Acquisitions and Bidders Liquidity: Evidence from Successful and Unsuccessful Takeovers, I examine the impact of corporate acquisitions on bidders liquidity. I find that...

Networks of relationships play an important role in the social and economic operation of the labor market. Social connections have been shown to be crucial in influencing the transition and efficiency in the labor market because they can quickly spread information over large segments of society....