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Registros recuperados: 11
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A Politico-Economic Model of Aging, Technology Adoption and Growth AgEcon
Lancia, Francesco; Prarolo, Giovanni.
Over the past century, all OECD countries have been characterized by a dramatic increase in economic conditions, life expectancy and educational attainment. This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is influenced by the process of economic development. We propose a three periods OLG model where agents, during their lifetime, cover different economic roles characterized by different incentive schemes and time horizon. Agents’ decisions embrace two dimensions: the private choice about education and the public one upon innovation policy. The theory focuses on the crucial role played by heterogeneous interests in determining innovation policies, which are one of the...
Tipo: Working or Discussion Paper Palavras-chave: Growth; Life Expectancy; Human Capital; Systemic Innovation; Majority Voting; International Development; Research and Development/Tech Change/Emerging Technologies; D70; J10; O14; O31; O43.
Ano: 2007 URL: http://purl.umn.edu/9552
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A Tale of Two Communities: Explaining Deforestation in Mexico AgEcon
Alix-Garcia, Jennifer Marie; de Janvry, Alain; Sadoulet, Elisabeth.
Explaining land use change in Mexico requires understanding the behavior of the local institutions involved. We develop two theories to explain deforestation in communities with and without forestry projects, where the former involves a process of side payments to non-members of the community and the latter of partial cooperation among community members. Data collected in 2002 combined with satellite imagery are used to test these theories. For the forestry villages, we establish a positive relationship between the distribution of profits as dividends instead of public goods and forest loss. For communities not engaged in forestry projects, deforestation is largely related to the ability of the community to induce the formation of a coalition of members...
Tipo: Working or Discussion Paper Palavras-chave: Deforestation; Common property; Partial cooperation; Resource /Energy Economics and Policy; D70; H41; O13; N56; Q23; Q24.
Ano: 2003 URL: http://purl.umn.edu/25066
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“Almost” Subsidy-free Spatial Pricing in a Multi-dimensional Setting AgEcon
Weber, Shlomo; Dreze, Jacques; Le Breton, Michel; Savvateev, Alexei.
Consider a population of citizens uniformly spread over the entire plane, that faces a problem of locating public facilities to be used by its members. The cost of every facility is financed by its users, who also face an idiosyncratic private access cost to the facility. We assume that the facilities’ cost is independent of location and access costs are linear with respect to the Euclidean distance. We show that an external intervention that covers 0.19% of the facility cost is sufficient to guarantee secession-proofness or no cross-subsidization, where no group of individuals is charged more than its stand alone cost incurred if it had acted on its own. Moreover, we demonstrate that in this case the Rawlsian access pricing is the only secession-proof...
Tipo: Working or Discussion Paper Palavras-chave: Secession-Proofness; Optimal Jurisdictions; Rawlsian Allocation; Hexagonal Partition; Cross-Subsidization; Demand and Price Analysis; D70; H20; H73.
Ano: 2007 URL: http://purl.umn.edu/9097
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Can Co-Management Improve the Governance of A Common- Pool Resource? Lessons From A Framed Field Experiment in A Marine Protected Area in the Colombian Caribbean AgEcon
Moreno-Sanchez, Rocio del Pilar; Maldonado, Jorge Higinio.
Complexities associated with the management of common pool resources (CPR) threaten governance at some marine protected areas (MPA). In this paper, using economic experimental games (EEG), we investigate the effects of both external regulation and the complementarities between internal regulation and non-coercive authority intervention—what we call co-management—on fishermen’s extraction decisions. We perform EEG with fishermen inhabiting the influence zone of an MPA in the Colombian Caribbean. The results show that co- management exhibits the best results, both in terms of resource sustainability and reduction in extraction, highlighting the importance of strategies that recognize communities as key actors in the decision-making process for the...
Tipo: Working or Discussion Paper Palavras-chave: Common-pool resources; Governance; Co-management; Experimental economic games; Fisheries; Latin America.; Environmental Economics and Policy; C93; C72; D02; D70; Q01; Q22; Q28; C23; C25.
Ano: 2009 URL: http://purl.umn.edu/60731
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Computational Complexity in Additive Hedonic Games AgEcon
Sung, Shao Chin; Dimitrov, Dinko.
We investigate the computational complexity of several decision problems in hedonic coalition formation games and demonstrate that attaining stability in such games remains NP-hard even when they are additive. Precisely, we prove that when either core stability or strict core stability is under consideration, the existence problem of a stable coalition structure is NP-hard in the strong sense. Furthermore, the corresponding decision problems with respect to the existence of a Nash stable coalition structure and of an individually stable coalition structure turn out to be NP-complete in the strong sense.
Tipo: Working or Discussion Paper Palavras-chave: Additive Preferences; Coalition Formation; Computational Complexity; Hedonic Games; NP-hard; NP-complete; Research Methods/ Statistical Methods; C63; C70; C71; D02; D70; D71.
Ano: 2008 URL: http://purl.umn.edu/46655
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Exogenous Targeting Instruments under Differing Information Conditions AgEcon
Spraggon, John M..
This paper tests the ability of an exogenous targeting instrument to induce compliance when the principal cannot observe the actions of individual agents. A number of papers show that although these instruments are able to induce groups to the target outcome, they are not able to induce individuals to make socially optimal decisions in a number of different controlled laboratory experiments. This study investigates whether the information individuals have about others’ payoffs affects how they make their decisions in this environment. Ledyard (1995) suggests that when subjects have less information in public goods experiments they are more likely to choose the Nash equilibrium decision. However, as he points out, this effect differs between groups with...
Tipo: Working or Discussion Paper Palavras-chave: Moral Hazard in Groups; Exogenous Targeting Instruments; Experiments; Information; Research Methods/ Statistical Methods; C72; C92; D70.
Ano: 2007 URL: http://purl.umn.edu/7383
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Fundamentals Versus Beliefs under Almost Common Knowledge AgEcon
Karp, Larry S..
Modern economic growth models show that the equilibrium outcome may depend on agents' beliefs (expectations) rather than on economic fundamentals (history). In this situation, the equilibrium is indeterminate. However, if agents have "almost common knowledge" rather than common knowledge about the economic fundamentals, this indeterminacy vanishes in one of these models, under certain restrictions. In this situation, the unique competitive equilibrium can be influenced by government policy, just as in standard models.
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium selection; History versus expectations; Economic growth; Common knowledge; Almost common knowledge; Non-convex technology; International Development; Resource /Energy Economics and Policy; D70; D82; D84; J60.
Ano: 2000 URL: http://purl.umn.edu/25006
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Local diversification of income sources versus migration: Complements or Substitutes? Evidence from rural families of the Senegalese Groundnut Basin AgEcon
Sakho-Jimbira, Maam Suwadu; Bignebat, Celine.
Much has been written to show the importance of diversification for rural African households because of the considerable share of non-farm revenues in total income (Reardon, 1997; Reardon et al., 1998). The literature points out push and pull factors explaining that risk and adverse shocks which characterize farm activities urge rural population to diversify into more profitable non-farm activities. But less attention has been paid to the distinction between two diversification patterns, namely local diversification and migration, and their relationship. Drawing on the theoretical and empirical literature, we identify the advantages and drawbacks of local diversification versus migration decision in terms of expected pay-offs for the family and the...
Tipo: Conference Paper or Presentation Palavras-chave: Migration; Diversification; Mutual insurance; Groundnut basin; Senegal; Consumer/Household Economics; O15; O55; D70; Q12.
Ano: 2007 URL: http://purl.umn.edu/7918
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Technology Diffusion, Abatement Cost, and Transboundary Pollution AgEcon
Heal, Geoffrey; Tarui, Nori.
This paper studies countries’ incentives to develop advanced pollution abatement technology when technology may spillover across countries and pollution abatement is a global public good. We are motivated in part by the problem of global warming: a solution to this involves providing a global public good, and will surely require the development and implementation of new technologies. We show that at the Nash equilibrium of a simultaneous-move game with R&D investment and emission abatement, whether the free rider effect prevails and under-investment and excess emissions occur depends on the degree of technology spillovers and the effect of R&D on the marginal abatement costs. There are cases in which, contrary to conventional wisdom, Nash...
Tipo: Working or Discussion Paper Palavras-chave: International Environmental Agreement; Pollution Abatement Costs; Endogenous Technological Change; Environmental Economics and Policy; Research and Development/Tech Change/Emerging Technologies; Q50; H87; D70.
Ano: 2008 URL: http://purl.umn.edu/46653
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The Political Economy of US Aid to Pakistan AgEcon
Anwar, Mumtaz; Michaelowa, Katharina.
Variations of bilateral aid flows are difficult to explain on the basis of official development objectives or recipient need. At the example of US aid to Pakistan, this paper suggests alternative political economic explanations, notably the relevance of ethnic lobbying and the relevance of US business interests. Time series regressions for the period from 1980 to 2002 and logistic regressions based on votes for the Pressler and the Brown Amendment confirm the significance of these political economic determinants. While in case of the Pressler Amendment, the direct influence of population groups of Indian and Pakistani origins seems to have played a predominant role, the role of ethnic business lobbies appears to have dominated in the context of the Brown...
Tipo: Working or Discussion Paper Palavras-chave: Public Choice; Ethnic lobbying; Foreign aid; International Development; Political Economy; D70; F35.
Ano: 2004 URL: http://purl.umn.edu/26202
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The Survival of the Conformist: Social Pressure and Renewable Resource Management AgEcon
Tavoni, Alessandro; Schluter, Maja; Levin, Simon.
This paper examines the role of pro-social behavior as a mechanism for the establishment and maintenance of cooperation in resource use under variable social and environmental conditions. By coupling resource stock dynamics with social dynamics concerning compliance to a social norm prescribing non-excessive resource extraction in a common pool resource (CPR), we show that when reputational considerations matter and a sufficient level of social stigma affects the violators of a norm, sustainable outcomes are achieved. We find large parameter regions where norm-observing and norm-violating types coexist, and analyze to what extent such coexistence depends on the environment.
Tipo: Working or Discussion Paper Palavras-chave: Cooperation; Social Norm; Ostracism; Common Pool Resource; Evolutionary Game Theory; Replicator Equation; Agent-based Simulation; Coupled Socio-resource Dynamics; Environmental Economics and Policy; C73; Q20; D70.
Ano: 2010 URL: http://purl.umn.edu/96843
Registros recuperados: 11
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