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Network Stability, Network Externalities and Technology Adoption

Tucker, Catherine E. - 2014

This paper investigates how the destabilizing of a social network may increase the scope of network externalities, using data on sales of a video-calling system made by a business-to- usiness manufacturer to banking employees and subsequent usage by these customers. The terrorist attacks of 2001...

Persistent link: https://www.econbiz.de/10014213703

Local Government Investment and Long-Run Economic Growth

Stansel, Dean - 2008

There has been an international trend towards shifting the provision of public services down to lower levels of government. That decentralization has increased the relative importance of local governments. This paper examines the relationship between spending by those local governments and...

Persistent link: https://www.econbiz.de/10014213711

A Rotten System : Subsidizing Environmental Degradation and Poor Public Health with Our Nation's Tax Dollars

Eubanks, William S. - 2014

The attached article, A Rotten System: Subsidizing Environmental Degradation and Poor Public Health with Our Nation's Tax Dollars, is a scholarly piece that I wrote as my LL.M. thesis at Vermont Law School. This article thoroughly analyzes the United States Farm Bill to highlight the grave...

Persistent link: https://www.econbiz.de/10014213713

A New Model of Income Distribution : The K-Generalized Distribution

Clementi, Fabio; Gallegati, Mauro; Kaniadakis, Giorgio - 2012

This paper proposes a three-parameter statistical model of income distribution using the maximum entropy principle based on a generalized entropic measure suggested by Kaniadakis (2001, 2002, 2005). Formulas for the shape, moments and standard tools for inequality measurement are given. The...

Persistent link: https://www.econbiz.de/10014213733

Taxes Versus Quotas for a Stock Pollutant

Hoel, Michael; Karp, Larry S. - 1998

We compare the effects of taxes and quotas for an environmental problem in which the regulator and polluter have asymmetric information about abatement costs, and the environmental damage depends on the stock of pollution. We thus extend to a dynamic framework previous studies in which...

Persistent link: https://www.econbiz.de/10014213747

An Economic Approach to Monitoring Pollution Accidents

Gottinger, Hans W. - 2014

We model the occurrence of an environmental accident as a stochastic event, in particular the situation of an oil spill is explored. Characteristics of the ship operator, and the different types of the ship's operating environment determine a stochastic process governing the time patterns and...

Persistent link: https://www.econbiz.de/10014213750

Are Ratings Informative Signals? The Analysis of the Netflix Data

Maryanchyk, Ivan - 2020

The aim of this research is to analyze whether and when ratings are informative signals about the quality of movies. The ratings data of Netflix is used to fit a structural Bayesian learning model. This model links revealed experience utilities of raters, previous consumers, to the product...

Persistent link: https://www.econbiz.de/10014213752

Optimal Insurance with Adverse Selection

Chade, Hector; Schlee, Edward E. - 2008

We solve the principal-agent problem of a monopolist insurer selling to an agent whose riskiness (chance of a loss) is private information, a problem introduced in Stiglitz (1977)'s seminal paper. We prove several properties of optimal menus: the highest type gets full coverage (efficiency at...

Persistent link: https://www.econbiz.de/10014213753

Embodied Social Presence Theory

Mennecke, Brian; Triplett, Janea L.; Hassall, Lesya M.; … - 2015

This paper develops and offers the theory of embodied social presence (ESP). The paper reviews the literature on place … interaction in multi-user virtual environments has been largely overlooked. We draw on Activity Theory to frame our model of … embodied social presence. Activity Theory proposes that a learner (i.e., a social actor in a virtual environment) derives …

Persistent link: https://www.econbiz.de/10014213754

Who Thinks about the Competition? Managerial Ability and Strategic Entry in US Local Telephone Markets

Goldfarb, Avi; Xiao, Mo - 2008

This paper examines how manager and firm characteristics relate to entry decisions in US local telephone markets. To do so, it develops a structural econometric model that allows managers to be heterogeneous in their ability to correctly conjecture competitor behavior. The model adapts Camerer,...

Persistent link: https://www.econbiz.de/10014213758