Similar Search Results

Welfare Improving Contracts in Cournot Markets

Catilina, Eliane - EconWPA - 1998

level of welfare without changing either the strategic variable (output quantity) or the way prices are determined (by an … auctioneer). The problem is set as a two- stage game played by profit-maximizing firms and a welfare-maximizing government. Firms … an entire industry and achieve welfare improvements. This is possible as the decision-making asymmetry among privately …

Persistent link: https://www.econbiz.de/10005561774

Evidence for the Independence of Waged and Unwaged Income, Evidence for Boltzmann Distributions in Waged Income, and the Outlines of a Coherent Theory of Income Distribution

Willis, Geoff; Mimkes, Juergen - EconWPA - 2004

Two sets of high quality income data are analysed in detail, one set from the UK, one from the USA. It is firstly demonstrated that both a log-normal distribution and a Boltzmann distribution can give very accurate fits to both these data sets. The absence of a power tail in the US data set is...

Persistent link: https://www.econbiz.de/10005135094

Personal Income Tax Reform and Revenue Potential in Transition

Bogetic, Zeljko; Hassan, Fareed - EconWPA - 2005

The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can benefit from a much lower and simpler income tax rate...

Persistent link: https://www.econbiz.de/10005560954

Markups, Labor Market Inequality and the Nature of Work

Kaplan, Greg - 2020

We demonstrate the importance of distinguishing between the traditional use of labor for production, versus alternative uses of labor for overhead, marketing and other expansionary activities, for studying the distribution of both factor income and labor income. We use our framework to assess...

Persistent link: https://www.econbiz.de/10012841091

Fundamentos hipotéticos para investigar la crisis económica contemporánea.

Sergio, Reuben - Volkswirtschaftliche Fakultät, … - 2012

The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...

Persistent link: https://www.econbiz.de/10011114400

ACE model of endogenous interactions

Vriend, Nicolaas J. - 2005

Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).

Persistent link: https://www.econbiz.de/10010284102

Macroeconomy and Agriculture in Sudan : Analysis of Trade Policies, External Shocks, and Economic Bans in a Computable General Equilibrium Approach

Siddig, Khalid - 2011

Similar to many sub-Saharan African countries, Sudan has inherited a dual economy in the immediate post-independence era where a large agriculture-based rural traditional sector coexisted with a small non-agricultural modern sector. This functional dualism remained until the first oil shipment...

Persistent link: https://www.econbiz.de/10013132879

Productivity and Undesirable Outputs: A Directional Distance Function Approach

Chung, Yangho; Fare, Rolf - EconWPA - 1995

Undesirable outputs are often produced together with desirable outputs. This joint production of good and bad outputs brings about a difficulty for productivity measurement. Here we introduce a directional distance function and use it as a component in a new productivity index. This index, as an...

Persistent link: https://www.econbiz.de/10005077056

'Divergent Equilibrium in a Labor-Managed Economy: A Rejoinder,' (1991). Economic Analysis and Workers' Management, Vol. XXV, No. 2, pp.303-5.

Bogetic, Zeljko - EconWPA - 2005

Reply to professor Vanek's comment on Bogetic's paper in the same issue of the Economic Analysis and Workers' Management.

Persistent link: https://www.econbiz.de/10005077059

Coase Competition and Compensation

Varian, Hal - EconWPA - 1994

I show that the Pigovian solution to a simple externalities problem and a particular Coasian solution can be viewed as competitive equilibria from different initial endowments. I also describe the ``compensation mechanism,'' a mechanism that implements either the Coasian or Pigovian solution as...

Persistent link: https://www.econbiz.de/10005077060

1
2
3
4
5
6
7
8
9
10
Next
Last