Showing 1 - 10 of 133
Let A be a real matrix of size (n+d+1)xn. We assume that all n x n submatrices of A are non-singular and define the condition number C = C(A) to be the ratio of the largest n x n subdeterminant of A to the smallest in absolute value. In addition we assume that there is a positive vector pi such...
Persistent link: https://www.econbiz.de/10005593271
Collaborating under the Swiss Energy Modeling Platform (SEMP), five modeling teams (employing an energy systems model and four macroeconomic models with a focus on energy) have carried out a multi-model comparison to assess the economic and technological consequences of reaching emission...
Persistent link: https://www.econbiz.de/10012137499
Outbreaks of infectious diseases bring behavior and policy responses into sharp focus since societies face acute constraints and uncertainties. This paper compares two infectious disease outbreaks: the Covid-19 pandemic and the 1665 London plague outbreak described by Daniel Defoe in A Journal...
Persistent link: https://www.econbiz.de/10015218417
The result that firms competing in a Cournot oligopoly with pairwise collaboration form a complete network under zero or negligible link formation costs provided by Goyal and Joshi (2003) no longer hold in multi-market oligopolies. Link formation in one market affects a firm’s profitability...
Persistent link: https://www.econbiz.de/10015225265
This paper argues that the availability of arable land in antiquity created gender norms that continue to affect current gender inequality. We show that countries with greater ancestral arable land have lower levels of gender inequality, better female reproductive health outcomes, and greater...
Persistent link: https://www.econbiz.de/10015226035
Individuals bring effort to a group to achieve a common objective. Group membership introduces a free riding incentive, reducing effort, as well as a social responsibility incentive, increasing effort. This paper shows that the free riding effect is stronger. Individuals significantly reduce...
Persistent link: https://www.econbiz.de/10015228844
Previous studies have demonstrated that a multitude of options can lead to choice overload, reducing decision quality. Through controlled experiments, we examine sequential choice architectures that enable the choice set to remain large while potentially reducing the effect of choice overload. A...
Persistent link: https://www.econbiz.de/10015231652
We propose an allocation rule that takes into account the importance of players and their links and characterizes it for a fixed network. Unlike previous rules, our characterization does not require component additivity. Next, we extend it to flexible networks a la Jackson (2005). Finally, we...
Persistent link: https://www.econbiz.de/10015231758
Previous studies have demonstrated that a multitude of options can lead to choice overload, reducing decision quality. Through controlled experiments, we examine sequential choice architectures that enable the choice set to remain large while potentially reducing the effect of choice overload. A...
Persistent link: https://www.econbiz.de/10015234004
In cooperative games with transferable utilities, the Shapley value is an extreme case of marginalism while the Equal Division rule is an extreme case of egalitarianism. The Shapley value does not assign anything to the non-productive players and the Equal Division rule does not concern itself...
Persistent link: https://www.econbiz.de/10014284472