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Registros recuperados: 52 | |
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Wolthoff, Ronald P.. |
Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job search model with an endogenous number of contacts. Workers contact firms by applying to vacancies, whereas firms contact applicants by interviewing them. Sending applications and interviewing applicants are costly activities but increase the probability to match. In equilibrium, contract dispersion arises and workers spread their applications over the different contract types. Estimation of the model on the Employment Opportunities Pilot Projects data set provides values for the cost of an application, the cost of an... |
Tipo: Working Paper |
Palavras-chave: Directed Search; Recruitment; Stable Matching; Labor Market Frictions; Structural Estimation; Efficiency; Policy Analysis; Labor and Human Capital; J64; J31; D83. |
Ano: 2011 |
URL: http://purl.umn.edu/119114 |
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Stark, Oded; Behrens, Doris A.. |
Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner’s dilemma “rule of engagement.” A farmer’s payoff is the sum of the payoffs from the two prisoner’s dilemma games played with his two neighbors. When a farmer dies, his son takes over. The son decides whether to cooperate or defect by considering the actions taken and the payoffs received by the most prosperous members of the group comprising his own father and a set of his father’s neighbors. The size of this set, which can vary, is termed the “span of information.” It is shown that a larger span of information can be detrimental to the stable coexistence of cooperation and defection, and that in... |
Tipo: Working or Discussion Paper |
Palavras-chave: Span of interaction; Span of information; Imitation; Social welfare; Community/Rural/Urban Development; D83; R12; O4. |
Ano: 2009 |
URL: http://purl.umn.edu/49924 |
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Zarnekow, Nana; Henning, Christian H.C.A.. |
This paper focuses on networks as determinants of rural migration and the importance of networks in a rural development perspective. Furthermore the impact of public goods and amenities on migration decisions in rural regions is investigated. Special attention is paid on heterogeneity in peoples migration-decisive components. Data base is a non-farm household-survey of four rural communities in Poland. The estimations show that migration decisions are influenceable in different ways: Social networks as well as socio-economic components and the regional public-good endowment are important drivers of migration, but the direction and amount of influence depends on individual-preferences and on individual network-structures - among other things especially on... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Migration; Rural development; Social networks; Latent class model; Community/Rural/Urban Development; R23; D83; H41. |
Ano: 2010 |
URL: http://purl.umn.edu/94829 |
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Patrick, George F.; Peiter, Amy J.; Knight, Thomas O.; Coble, Keith H.; Baquet, Alan E.. |
Hog producers in Indiana and Nebraska were surveyed about sources of risk, effectiveness of risk management strategies, and prior participation in and desire for additional risk management education. Ownership of hogs by the producer, size of the operation, and age did have significant effects on ratings of both sources of risk and effectiveness of risk management strategies. Probit analysis found age, prior attendance, knowledge and prior use of the tool, level of integration, and concern about price and performance risk have significant effects on interest in further education about production contracts, futures and options, packer marketing contracts, and financial management. |
Tipo: Journal Article |
Palavras-chave: Financial management; Futures and options; Packer marketing contracts; Production contracts; Risk attitudes; Risk management; D81; D83; Q12; Q16. |
Ano: 2007 |
URL: http://purl.umn.edu/37110 |
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Almenberg, Johan; Dreber, Anna. |
We designed an experiment that examines how knowledge about the price of a good, and the time at which the information is received, affects how the good is experienced. The good in question was wine, and the price was either high or low. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is expensive, and little is lost if it is cheap. Disclosing the high price before tasting the wine produces considerably higher ratings, although only from women. Disclosing the low price, by contrast, does not result in lower ratings. Our finding indicates that price not only serves to clear markets, it also serves as a marketing tool; it influences expectations that in turn shape a consumer’s experience. In... |
Tipo: Working or Discussion Paper |
Palavras-chave: Price-Quality Heuristic; Attribute Information; Role of Expectations; Marketing; Blind Tasting; Wine; Consumer/Household Economics; Demand and Price Analysis; C91; D03; D83; M31. |
Ano: 2009 |
URL: http://purl.umn.edu/51755 |
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Labarthe, Pierre. |
There is in Europe a trend for privatisation and commercialisation of technical extension services for agriculture. At the same time, extension is supposed to support the contribution of multifunctional agriculture (MFA) to rural development. This article proposes an analytic framework to test whether performances of commercial extension enable to enhance the effectiveness of intangible investments in MFA context. Empirical investigations were realised about technical extension for cereal production in Ain (France) and Zeeland (Netherlands). It appears that [A] private extension providers hardly invest in R&D relevant to MFA context; [B] some farmers who contribute to MFA may lack technical knowledge when provided by commercial extension. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural extension services; Information and knowledge; Teaching/Communication/Extension/Profession; D83; Q16. |
Ano: 2005 |
URL: http://purl.umn.edu/24712 |
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Stark, Oded; Behrens, Doris A.. |
Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the "span of interaction." Trade is governed by a prisoner’s dilemma "rule of engagement." A farmer’s payoff is the sum of the payoffs from the m prisoner’s dilemma games played with his m/2 neighbors to the left, and with his m/2 neighbors to the right. When a farmer dies, his son takes over. The son who adheres to his father’s span of interaction decides whether to cooperate or defect by considering the actions taken and the payoffs received by the most prosperous member of the group comprising his father and his father’s m trading partners. Under a conventional structure of payoffs, it is shown that a large span of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Local interaction; Span of interaction; Imitation; Cooperation; Social welfare; Farm Management; D83; R12; O4. |
Ano: 2010 |
URL: http://purl.umn.edu/94280 |
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Karp, Larry S.. |
The use of a constant discount rate to study long-lived environmental problems such as global warming has two disadvantages: the prescribed policy is sensitive to the discount rate, and with moderate discount rates, large future damages have almost no effect on current decisions. Time-consistent quasi-hyperbolic discounting alleviates both of these modeling problems, and is a plausible description of how people think about the future. We analyze the time-consistent Markov Perfect equilibrium in a general model with a stock pollutant. The solution to the linear-quadratic specialization illustrates the role of hyperbolic discounting in a model of global warming. |
Tipo: Working or Discussion Paper |
Palavras-chave: Stock pollutant; Hyperbolic discounting; Global warming; Time consistency; Environmental Economics and Policy; D83; L50. |
Ano: 2004 |
URL: http://purl.umn.edu/25069 |
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Registros recuperados: 52 | |
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