In the standard Harris-Todaro framework, migration flows arise as disequilibrium driven movements of the population. It is the purpose of this research to modify the simple dualistic model in order to account for the existence of permanent migrants, i.e., of individuals who work in another...

This article digresses over the interaction of uncertainty with the firm¡¯s optimal decisions in a simple framework: a standard price-taking (short-run restricted) single-input and output unit, subject to the interaction with a zeromean Bernoulli lottery of variable dispersion. The firm is...

The article explores joint consumption equilibrium environments. It illustrates network formation through one-to-one directional synapses. Family (couple) arrangements, spontaneously generated under a decentralized general equilibrium price system are suggested - involving link and...