Search Results - subject:"Control problems"

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Ecological Barriers and Convergence: A Note on Geometry in Spatial Growth Models

Fabbri, Giorgio - Centre d'Études des Politiques Économiques (EPEE), … - 2014

We introduce an AK spatial growth model with a general geographical structure. The dynamics of the economy is described by a partial differential equation on a Riemannian manifold. The morphology interacts with the spatial dynamics of the capital and is one determinant of the qualitative...

Persistent link: https://www.econbiz.de/10010852357

Teamwork as a self-disciplining device

Fahn, Matthias; Hakenes, Hendrik - 2014

We show that team formation can serve as an implicit commitment device to overcome problems of self-control. In a situation where individuals have present-biased preferences, any effort that is costly today but rewarded at some later point in time is too low from the perspective of an...

Persistent link: https://www.econbiz.de/10010465053

ДИСКРЕТНОЕ УПРАВЛЕНИЕ ФУКЦИОНАЛЬНО-ДИФФЕРЕНЦИАЛЬНОЙ НЕПРЕРЫВНО-ДИСКРЕТНОЙ СИСТЕМОЙ

МАКСИМОВ В.П.; ЧАДОВ А.Л. - In: Вестник Пермского … (2013) 3, pp. 6-11

Динамические модели, рассматриваемые в этой работе, охватывают широкий класс моделей, возникающих при исследовании реальных экономических и...

Persistent link: https://www.econbiz.de/10011248647

How general are time preferences? : eliciting good-specific discount rates

Ubfal, Diego - 2013 - This version: January, 2013

Persistent link: https://www.econbiz.de/10011814210

Sin Licenses Revisited

Haavio, Markus; Kotakorpi, Kaisa - 2012

licenses induce only sophisticated individuals with low levels of self-control problems to consume optimally. The consumption … of naive individuals as well as sophisticated individuals with severe self-control problems remains too high, and welfare … in equilibrium is decreasing in the level of self-control problems and non-increasing in the level of naivete. Further …

Persistent link: https://www.econbiz.de/10012503029

How general are time preferences? Eliciting good-specific discount rates

Ubfal, Diego - 2012

This paper tests the broadly adopted assumption that people apply a single discount rate to the utility from different sources of consumption. Using unique data from two surveys conducted in rural Uganda including both hypothetical and real choices over different goods, the paper elicits time...

Persistent link: https://www.econbiz.de/10010287713

Sin licenses revisited

Haavio, Markus; Kotakorpi, Kaisa - 2012

Persistent link: https://www.econbiz.de/10010290760

How General Are Time Preferences? Eliciting Good-Specific Discount Rates

Ubfal, Diego - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10010780746

Sin Licenses Revisited

Haavio, Markus; Kotakorpi, Kaisa - CESifo - 2012

licenses induce only sophisticated individuals with low levels of self-control problems to consume optimally. The consumption … of naïve individuals as well as sophisticated individuals with severe self-control problems remains too high, and welfare … in equilibrium is decreasing in the level of self-control problems and non-increasing in the level of naivete. Further …

Persistent link: https://www.econbiz.de/10010877866

Masters of Our Time: Impatience and Self-control in High-level Chess Games

Gränsmark, Patrik - Institutet för Social Forskning (SOFI), Stockholms … - 2012

This paper presents empirical findings on gender differences in time preference and inconsistency based on international, high-level chess panel data with a large number of observations, including a control for ability. Due to the time constraint in chess, it is possible to study performance and...

Persistent link: https://www.econbiz.de/10010611615