In non-cooperative family models, being good at contributing to family public good like household production may reduce one's utility, since it tends to crowd out contributions from one's spouse. Similar effects also arise in cooperative models with non-cooperative threat point: improved...

A multinational enterprise is subject to taxation by two jurisdictions who compete to capture its rents, while being aware that the firm also has investment options outside these jurisdictions. The firm has private informatio about its efficiency. We show that a higher outside option for the...

In this paper, we attempt to develop an intertemporal model of rural-to-urban migration in the context of a poor rural economy. With a peasant household as the decision making unit we explore how rural-to-urban migration may be adopted as a strategy mto cope with the income risks arising from...

This paper investigates the determinants of fertility in Norway. More emphasis is paid on identifying the factors affecting the third birth rate and timing of first birth. Female's education is found to be a significant determinant of fertility. The effect of eduction level is negative on the...

In most member states of the European Union (EU), issues concerning sound and sustainable finances are high on the political agenda. This paper briefly reports the findings of 12 country studies that investigate the impact of the demographic transition on the intergenerational stance of current...

To be able to describe informal rural credit markets, we apply the Brock and Scheinkman model of a price setting and capacity constrained oligopoly, where firms tacitly collude on monopoly pricing. We generalise the model to allow for third-degree price discrimination. The interval of aggregate...

A special class of cooperative transferable-utility games where each agent faces an optimization problem constrained by resources that can be pooled among coalition members, so-called production games, are here extended and applied in novel ways. First, I relax linearity requirements; second, I...

The study examines differences in consumption and economic behaviour among male and female heroin users. The consumption pattern of the heroin addicts vary by gender, with females consuming relatively less alcohol and cannabis but significantly more heroin than their male counterparts.

Motivated by non-cooperative games we study repeated interaction among non-communicating agents, each dealing with his black of variables, each moving merely on the bases of his marginal payoff and its most recent change. Adjustment of play thus unfolds in parallel. Constrants are accommodated....

We model repeated play of noncooperative stage games in terms of approximate gradient steps. That simple format require little information and no optimization. Moreover, it allows players to evaluate marginal cost or profit inexactly and to move with different velocities. Uncertainty can also be...