In this paper, we review the state-of-the-art and common practice of energy and climate modeling vis-a-vis the rebound literature. In particular, we study how energy system and economy wide models include and quantify rebound effects - the gap between actual and expected saving or the behavioral...

**The following is a description of the paper, and not the original abstract.** This paper investigates the optimal timing of bequests in a parent-adult child framework, in the presence of private information and an outside labor market. The adult child possesses private information regarding...

We consider non-parametric estimation and inference of conditional moment models in high dimensions. We show that even when the dimension D of the conditioning variable is larger than the sample size n, estimation and inference is feasible as long as the distribution of the conditioning variable...

The aircraft landing problem (ALP) is the problem of allocating an airport's runways to arriving aircraft as well as scheduling the landing time of aircraft, with the objective of minimizing the total deviations from the target landing times. We propose simple heuristics to solve the ALP. The...

We measure risk aversion and patience in a non-incentivized way using a representative sample of the Hungarian adult population. We elicit risk aversion with a task similar to Gneezy and Potters (1997)’s investment game and find that females risk about 8.5 % less than males when we do not...

During recent decades the stirring up of the processes of globalization, practically in all spheres of present day civilization, has aggravated the society and brought numerous problems resulting from humanenvironment interactions. To overcome these problems, it is necessary to develop and adopt...

It is a natural presumption that there should be less distorting taxation when there are more decisions based on the prices distorted by taxation. This note shows the need for an additional assumption in order to reach the conclusion. We consider a competitive model with one consumption good,...

This paper examines the implications of family size heterogeneity for Ricardian households and employs survey data to determine whether or not individual household preferences towards taxation conform to the Ricardian model. Using a dynastic model of intergenerational linkages, we show that the...

This is a published transcription of the 2017 Singapore Mediation Lecture delivered in Singapore (at Singapore Management University) in 2017. The lecture provides a brief overview of a world history of mediation (1.0-Ancient Mediation through the early arguments for ADR; Mediation...