F22 J61 O15 </AbstractSection> Copyright Simmons and Xie; licensee Springer. 2013

In a costly state verification model under commitment, the principal may acquire a costly public and imperfectly revealing signal before or after contracting. If the project remains profitable after all signal realizations, optimally the signal is collected, if at all, only after contracting,...

Allowing for general utility interdependence and agent heterogeneity, we characterize taxes that will generate first best solutions in markets. We show the equivalence of tax corrections derived from the Marshallian and compensated demand approaches. Next we analyze the conditions that are...

The paper argues that many choice situations involve a more complicated constraint structure than the standard linear budget constraint and consumption set. Some abstract examples are outlined and in each case some theoretical properties are derived, for example, of the comparative statics. One...

The UK Economic and Social Research Council's Global Environmental Change (GEC) research programme aims “to take the social sciences to the heart of environmental debate and to bring the environment to the heart of the social sciences”. The experience of researchers working within the GEC...

The term ‘interactive social science’ refers to a collaborative pattern of researcher-user relationships. Interactive research has been characterised as a distinctive mode of knowledge production and contrasted to contract research. This article questions this stark distinction and considers...

This paper analyses labour force participation and precautionary savings in the presence of risks of being fired or failing to secure a job offer when out of the labour market. We use a finite horizon framework with two employment states and a stage utility function which is CARA in consumption...