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, AER). The model supposes that players maximize subject to their "beliefs" which are non-probabilistic and scalar …
Persistent link: https://www.econbiz.de/10005427619
the distinction between beliefs and knowledge, and how false beliefs play roles in game theoretic decision making. Finally … beliefs on common knowledge. …
Persistent link: https://www.econbiz.de/10005596642
Efficiency measurement naturally requires the definition of a frontier as a benchmark indicating efficiency. Usually a measure reflecting the distance of a data point to the frontier indicates the level of efficiency. One of the crucial characteristics to distinguish efficiency measurement tools...
Persistent link: https://www.econbiz.de/10010291711
The classical theory about foreign exchange rate explains its fluctuations as the resulting of a random walk motion. In this paper, such a theory is put into question by performing Brock, Dechert and Scheinkman's (1987) test on the Austrian Schilling - US Dollars exchange rate for the period...
Persistent link: https://www.econbiz.de/10010291922
The aim of this paper seeks to analyse how the energy price's cojuntural behaviour and structural conditions affect the short-run and mid-run overview of the energy integration process in South America (SA). For these porpoise we - first describe the world-wide energy agenda and the effect of...
Persistent link: https://www.econbiz.de/10010294068
In the present study, CDM host countries are classified according to their attractiveness for CDM non-sink projects. A cluster analysis is conducted based on three different factors determining host country attractiveness (mitigation potential, institutional CDM capacity and general investment...
Persistent link: https://www.econbiz.de/10010295445
In many situations the applied researcher wants to combine different data sources without knowing the exact link and merging rule. This paper introduces a theoretical framework how two different regional administrative data sources can be merged. It presents different merging schemes based on...
Persistent link: https://www.econbiz.de/10010297429
This paper explores the potential of an approach suggested by Manski of obtaining nonparametric bounds for treatment effects in evaluation studies without knowledge of the participation process. The practical concern is the effects of continuous vocational training in East Germany. The empirical...
Persistent link: https://www.econbiz.de/10010299677
Im Juni 2011 wurde die wissenschaftliche Kommission Hochschulmanagement im Verband der Hochschullehrer für Betriebswirtschaft e. V. (VHB) zum Zeitschriftenranking dieses Verbandes, VHB-JOURQUAL, befragt. Die Ergebnisse zeigen, dass eine große Mehrheit der Mitglieder und Interessenten der...
Persistent link: https://www.econbiz.de/10010305907
This study estimates the effects of the 1970 Ancash earthquake on human capital accumulation on the affected and subsequent generation, 37 years after the shock, using the Peruvian censuses of 1993 and 2007. The main finding is that males affected by the earthquake in utero completed on average...
Persistent link: https://www.econbiz.de/10011314164