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Persistent link: https://www.econbiz.de/10005136841
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of re-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005136860
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10005137102
. However, if the programme generates externalities for non-participants such an approach will capture only part of the …
Persistent link: https://www.econbiz.de/10005137159
Why do people leave high-income countries with extensive welfare states? This article will examine what underlies the emigration intentions of native-born inhabitants of one industrialized country in particular: the Netherlands. To understand emigration from high-income countries we focus not...
Persistent link: https://www.econbiz.de/10005137297
natural gas, generate negative environmental externalities including air pollution. The use of energy resources are the …
Persistent link: https://www.econbiz.de/10004999353
We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...
Persistent link: https://www.econbiz.de/10005000509
Persistent link: https://www.econbiz.de/10005001284
This study aims at assessing the costs and benefits of multifunctional agriculture, and it is one of the very first studies using a quantitative approach to this new subject. The starting point is that if current farm subsidies are regarded as means to maintain the multifunctional...
Persistent link: https://www.econbiz.de/10005002193
. We approach this gap by analyzing the role of positive and negative externalities of link formation. We find general … results that relate situations of positive externalities with stable networks that cannot be "too dense" in a well …-defined sense, while situations with negative externalities, tend to induce "too dense" networks. …
Persistent link: https://www.econbiz.de/10005002279