In this interesting paper, Hansson and Henrekson pursue a twofold aim. First, it summarizes empirical research on the 'catching up' effect in economic growth, second, it presents the authors' own work in the field. Their own research on the topic, in turn, draws on three separaet studies. I will...

We explore optimal search for individual improvement when agents start with different confidence in own ability. The initial self-confidence may be determined by nature or socio-economic factors.

The paper analyses cooperative games with side payments. Each player facesa possibly non-convex optimization problem, interpreted as production planning, constrained by his resources or technology. Coalitions can aggreagate members' contributions. We discuss instances where such aggregation...

Two jurisdictions compete to attract shares of the R&D investment budget of a large multinational enterprise, whose investments potentially confer positive spillovers on national firms. The firm has private information both about its efficiency and about spillovers. It is shown that strategic...

Asymmetric information about true opportunity cost in trade between a multinational and its foreign affiliate can alleviate the hold-up problem in foreign direct investment. Selling shares in the affiliate to locals is also beneficial because it increase the parent multinational's information...

This paper examines the causes of agrocultural land expansion and deforestation in Tanzania. In the theoretical part, two different - and partly contradicting - sets of hypotheses are outlined. These are based on a subsistence approach, emphasizing the food or income requiremenrs of farm...

During periods of stock collapse, an increase in the catchability exhibited by many small pelagic fish is a consequence of two factors : their schooling habit and the remarkable efficiency of today's technology intensive fishing fleets. the net result is that a virtually constant catch per unit...

So-called potential functions are important, prominent, and common to many diverses fields, including optimization, dynamic processes, and physics. Monderer and Shapley have recently added a class of noncooperative games to that list. We extend their notion and consider repeated play of games...

In this paper we evaluate a Norwegian vocational rehabilitation program by comparing employment outcomes of trainees and nonparticipants using nonexperimental data. A matching estimator is used to calculate the training effect for different subgroups of the sample. We demonstrate how bounding...

The paper discusses how this relatively strong price response should be interpreted in the context of other econometric analysis with no explicit appliance dependence. Finally, the significance of the many household charcteristics at both stages of the model signals a high degree of...