Search Results - subject:"Non convexity"

On the microeconomics of specialization : the role of non-convexity

Chavas, Jean-Paul; Kim, Kwan-soo - In: Atlantic economic journal : AEJ 44 (2016) 3, pp. 387-403

Persistent link: https://www.econbiz.de/10011711109

Non-Existence of Competitive Equilibria with Dynamically Inconsistent Preferences

Gabrieli, Tommaso; Ghosal, Sayantan - Department of Economics, University of Warwick - 2009

This paper shows the robust non existence of competitive equilibria even in a simple three period representative agent economy with dynamically inconsistent preferences. We distinguish between a sophisticated and naive representative agent. Even when underlying preferences are monotone and...

Persistent link: https://www.econbiz.de/10005747051

Nonparametric analysis of technology and productivity under non-convexity: a neighborhood-based approach

Chavas, Jean-Paul; Kim, Kwansoo - In: Journal of Productivity Analysis 43 (2015) 1, pp. 59-74

This paper investigates the nonparametric analysis of technology under non-convexity. The analysis extends two … free disposal hull (FDH) models. We argue that, while the FDH model allows for non-convexity, its representation of non-convexity … allows for less extreme forms of non-convexity. The distinctive feature of our approach is that it allows for non-convexity …

Persistent link: https://www.econbiz.de/10011154969

Nash bargaining for log-convex problems

Qin, Cheng-Zhong; Shi, Shuzhong; Tan, Guofu - In: Economic Theory 58 (2015) 3, pp. 413-440

<Para ID="Par1">We introduce log-convexity for bargaining problems. With the requirement of some basic regularity conditions, log-convexity is shown to be necessary and sufficient for Nash’s axioms to determine a unique single-valued bargaining solution up to choices of bargaining powers. Specifically, we...</para>

Persistent link: https://www.econbiz.de/10011240824

Fundamental non-convexity and externalities : a differentiable approach

Ericson, Richard Eric; Kung, Fan-chin - In: The B.E. journal of theoretical economics 15 (2015) 1, pp. 49-62

Persistent link: https://www.econbiz.de/10010468568

Nash bargaining for log-convex problems

Quin, Cheng-Zhong; Shi, Shuzhong; Tan, Guofu - In: Economic theory : official journal of the Society for … 58 (2015) 3, pp. 413-440

Persistent link: https://www.econbiz.de/10011374051

Nonparametric analysis of technology and productivity under non-convexity : a neighborhood-based approach

Chavas, Jean-Paul; Kim, Kwan-soo - In: Journal of productivity analysis 43 (2015) 1, pp. 59-74

Persistent link: https://www.econbiz.de/10011317156

The Inefficiency of Private Adaptation to Pollution in the Presence of Endogenous Market Structure

Eisenack, Klaus - In: Environmental & Resource Economics 57 (2014) 1, pp. 81-99

The paper considers an industry where production costs rise due to pollution, but where this effect can be partially off-set by investing in adaptation as a private good. The focus is not on external effects, but industries where economies of scale are introduced from adapting to pollution. The...

Persistent link: https://www.econbiz.de/10010862801

The inefficiency of private adaptation to pollution in the presence of endogenous market structure

Eisenack, Klaus - In: Environmental and resource economics 57 (2014) 1, pp. 81-99

Persistent link: https://www.econbiz.de/10010240032

Computing General Equilibrium Models with Occupational Choice and Financial Frictions

Antunes, António; Cavalcanti, Tiago; Villamil, Anne - Department of Economics, National University of Singapore - 2006

a repayment incentive constraint. The incentive constraint induces a non-convexity. The paper proves that the …

Persistent link: https://www.econbiz.de/10005543401