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Persistent link: https://www.econbiz.de/10005369279
In a simple model of one public good producible from one input, we show that unit-by-unit cost-sharing rules have two properties. First, a unit-by-unit cost-sharing rulealways chooses a core allocation. Second, every allocation in the core will be chosen by at least one unit-by-unit cost-shring...
Persistent link: https://www.econbiz.de/10005370628
We consider the classic cake-division problem when the cake is a heterogeneous good represented by an interval in the real line. We provide a mechanism to implement, in an anonymous way, an envy-free and efficient allocation when agents have private information on their preferences. The...
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We investigate the relative importance of various bankruptcy predictors commonly used in the existing literature by applying a variable selection technique, the least absolute shrinkage and selection operator (LASSO), to a comprehensive bankruptcy database. Over the 1980–2009 period, LASSO...
Persistent link: https://www.econbiz.de/10011209860
From in-depth interviews with Chinese immigrant wives in the United States and the Chinese couples in urban China in 2004, researcher found a surprising result in terms of their interpretations of the impact of the male-breadwinner ideal upon perceived marital stability. Over half of the sampled...
Persistent link: https://www.econbiz.de/10011241831
Innovativeness is an important organizational capability for competitive advantage sustainability in the dynamic environment of Asia's emerging economies. Drawing upon dynamic capability theory, this study develops a research model of organizational innovativeness development for firms in...
Persistent link: https://www.econbiz.de/10010869757
We consider the estimation problem of conditional quantile when multi-dimensional covariates are involved. To overcome the “curse of dimensionality” yet retain model flexibility, we propose two partially linear models for conditional quantiles: partially linear single-index models (QPLSIM)...
Persistent link: https://www.econbiz.de/10011056482
State Medicaid programmes generally have been able to obtain relief from high drug prices following patent expirations for many branded-drug medications by adjusting reimbursement following the expanded competition in the pharmaceutical market. </AbstractSection> Copyright Springer International Publishing...
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