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We consider a world in which the mode of food production, foraging or agriculture, is endogenous, and in which technology grows exogenously. Using a recent model of coalition formation, we allow individuals to rationally form cooperative communities (bands) of foragers or farmers. At the lowest...
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Two exceptions to the argument that export promotion offsets import substitution are provided. The first is based on the observation that protection in small open economies produces monopolisation of the domestic market. The second qualification stems from the discretionary and contingent nature...
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There exists considerable evidence from educational measurement theorists that constructed-response questions add little new information about student achievement beyond that provided by multiple- choice questions. The purpose of this paper is to view this issue through the eyes of an economist,...
Persistent link: https://www.econbiz.de/10005464266
Empirical research on the organization of firms requires that firms be classified on the basis of their control structures. This should be done in a way that can potentially be made operational. It is easy to identify the ultimate controller of a hierarchical organization, and the literature has...
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