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The authors address the following two fundamental questions in the theory of exact aggregation: (1) What restrictions, if any, need to be imposed on the vector of aggregates in order that the aggregate demand functional representation be nontrivial and economically interesting? (2) What economic...
Persistent link: https://www.econbiz.de/10005400700
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In this paper we construct four rather broad classes of theoretical models of criminal behavior and analyze the properties of each class. Our focus is on the testable hypotheses which arise from each class
Persistent link: https://www.econbiz.de/10014178858
In this paper we estimate the demand structure for refined lead over the time 1948-65. Special attention is focused on modeling the technological and institutional lags which prevent price changes from quickly impacting demand
Persistent link: https://www.econbiz.de/10014180119
In this paper we show that plausible preference restrictions are not sufficient for unambiguous household supply results in the criminal choke problem. Therefore policy prescriptions in this area do not follow from theory, but rather require empirical determination of relative magnitudes
Persistent link: https://www.econbiz.de/10014180915
In this paper we show that neither Becker nor Brown and Reynolds provide a proper description of the failure state in the criminal choice problem. A more satisfactory specification is provided which yields the Becker and Brown and Reynolds formulations as special cases
Persistent link: https://www.econbiz.de/10014180916
In this paper we study the relationship between costs, input prices and activity levels in medium sized American police departments. Our focus is on determining the functional structure of law enforcement production technology in agencies of this size
Persistent link: https://www.econbiz.de/10014181138
This paper is divided into two parts which deal with closely connected issues, The first section of the paper explores the structure of consumer demand systems necessary and sufficient for exact aggregation. The second section addresses a related empirical question: what, if anything, do the...
Persistent link: https://www.econbiz.de/10014181485
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A model of the production of wildfire ignitions and damages is developed and used to determine wildland activity-regulation decisions, which minimize total expected cost-plus-loss due to wildfires. In this context, the implications of various policy decisions are considered. The resulting...
Persistent link: https://www.econbiz.de/10014043101