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We consider a model of an information network where nodes can fail and transmission of information is costly. The formation of paths in such networks is modeled as the Nash equilibrium of an N player routing game. The task of obtaining this equilibrium is shown to be NP-Hard. We derive...
Persistent link: https://www.econbiz.de/10011436398
A non-cooperative model of network formation is developed. Agents form links with others based on the cost of the link and its assessed benefit. Link formation is one-sided, i.e., agents can initiate links with other agents without their consent, provided the agent forming the link makes the...
Persistent link: https://www.econbiz.de/10011437900
Risk is an important concern in the management of a farm business. The rising input prices along with the variability in the farm commodity prices may result in a risk environment. Government programs have generally provided income support to farmers. However, there has been considerable...
Persistent link: https://www.econbiz.de/10009439340
Group lending has received a great attention from economists and policymakers for its successful delivery of credit to poor borrowers and its role in alleviating poverty in the developing countries. The success of group lending in providing credit to poor borrowers has been attributed to its...
Persistent link: https://www.econbiz.de/10009439374
This dissertation focuses on two research themes related to econometric estimation oflinear almost ideal demand systems (LAIDS) for U.S. meats. The first theme addresses whethernonstationarity (unit-roots and cointegration) contributes to a dynamic specification of LAIDSmodels. The results of...
Persistent link: https://www.econbiz.de/10009439377
This dissertation consists of three essays on corporate acquisitions, bidders liquidity and monitoring. In the first essay, Acquisitions and Bidders Liquidity: Evidence from Successful and Unsuccessful Takeovers, I examine the impact of corporate acquisitions on bidders liquidity. I find that...
Persistent link: https://www.econbiz.de/10009439408
Networks of relationships play an important role in the social and economic operation of the labor market. Social connections have been shown to be crucial in influencing the transition and efficiency in the labor market because they can quickly spread information over large segments of society....
Persistent link: https://www.econbiz.de/10009439415