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In this paper we develop and estimate a traval-cost model of demand for recreational camping in the provincial parks of the Province of Ontario, Canada, in the spirit of the Vaughan-Russell contribution.
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This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.
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Wage posting models of job search typically assume that firms can commit to paying workers the posted wage. This paper investigates the consequences of relaxing this assumption. Under "downward" commitment firms can commit only to paying at least their advertised wage. We show that wage posting...
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We examine the possibilities of extending Sen's taxonomy of fixed-population information assumptions regarding the measurability and interpersonal comparability of individual utilities to social-choice problems where the population may very.
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