Showing 71 - 80 of 191
We consider the problem of valuing inputs in a production environment in which input supply is uncertain. Inputs can be workers in a firm, risk factors for a disease, securities in a financial market, or nodes in a networked economy. Each input takes its values from a finite set, and uncertainty...
Persistent link: https://www.econbiz.de/10015253687
We examine Fogel's influential hypothesis that new transportation technologies may be dispensable if pre-existing technologies are viable or can simply be improved. Exploiting the construction of colonial railroads in Nigeria, we find that the railway has large long-lasting impacts on individual...
Persistent link: https://www.econbiz.de/10015253935
Exploring heterogeneity in the impact of a technology is a first step towards understanding conditions under which this technology is conducive to economic development. This article shows that colonial railroads in Nigeria have large long-lasting impacts on individual and local development in...
Persistent link: https://www.econbiz.de/10015255058
Exploring heterogeneity in the impact of a technology is a first step towards understanding conditions under which this technology is conducive to economic development. This article shows that colonial railroads in Nigeria have large long-lasting impacts on individual and local development in...
Persistent link: https://www.econbiz.de/10015255083
Exploring heterogeneity in the impact of a technology is a first step towards understanding conditions under which this technology is conducive to economic development. This article shows that colonial railroads in Nigeria have large long-lasting impacts on individual and local development in...
Persistent link: https://www.econbiz.de/10015255090
Public intervention addressing the issue of underage marriage emphasizes policies such as girls' education and enforcement of age-of-consent laws as promising avenues for ending this harmful practice. It has been argued, however, that such policies will work better in societies where there are...
Persistent link: https://www.econbiz.de/10015255106
Public intervention addressing the issue of underage marriage emphasizes policies such as girls' education and enforcement of age-of-consent laws as promising avenues for ending this harmful practice. It has been argued, however, that such policies will work better in societies where they are...
Persistent link: https://www.econbiz.de/10015255205
We study the long-run stability of trade networks in a two-sided economy of agents labelled men and women. Each agent desires relationships with the other type, but having multiple partners is costly. This cost-benefit trade-off results in each agent having a single-peaked utility over the...
Persistent link: https://www.econbiz.de/10010420264
Aguiar et al. (2018) propose the Shapley distance as a measure of the extent to which output sharing among the stakeholders of an organization can be considered unfair. It measures the distance between an arbitrary pay profile and the Shapley pay profile under a given technology, the latter...
Persistent link: https://www.econbiz.de/10012058639
In communities highly dependent on rainfed agriculture for their livelihoods, the common occurrence of climatic shocks can lower the marginal cost of a child and raise fertility. We test this hypothesis using longitudinal data from Madagascar. Exploiting exogenous within-district year-to-year...
Persistent link: https://www.econbiz.de/10012174686