Showing 1 - 10 of 118
Much has been written about the national-security aspects of a potential conflict in Iraq, but there are no studies of the cost. A review of several past wars indicates that nations historically have consistently underestimated the cost of military conflicts. This study reviews the potential...
Persistent link: https://www.econbiz.de/10005093935
Previous work has analyzed whether luminosity data contain useful information for estimating economic output and concluded that there was significant promise for regions with poor quality economic statistics. The present paper examines alternative measures of the precision of the estimates using...
Persistent link: https://www.econbiz.de/10010686929
One of the pervasive issues in social and environmental research has been to improve the quality of socioeconomic data in developing countries. Because of the shortcoming of standard data sources, the present study examines luminosity (measures of nighttime lights) as a proxy for standard...
Persistent link: https://www.econbiz.de/10008462009
Let A be a fixed integer matrix of size m by n and consider all b for which the body is full dimensional. We examine the set of shortest non-zero integral vectors with respect to the family of norms. We show that the number of such shortest vectors is polynomial in the bit size of A, for fixed...
Persistent link: https://www.econbiz.de/10005463886
Given a_{1}; a_{2},...a_{n} in Z^{d}, we examine the set, G, of all nonnegative integer combinations of these ai. In particular, we examine the generating function f(z) = Sum_{b in G}z^{b}. We prove that one can write this generating function as a rational function using the neighborhood complex...
Persistent link: https://www.econbiz.de/10004990692
In this paper we propose a modelling approach for labor supply and consumption decisions that is firmly grounded within a utility maximizing framework and allows for a role of such institutional constraints as limited access to borrowing and involuntary unemployment. We report estimations for a...
Persistent link: https://www.econbiz.de/10005093949
In recent years many advances have been made in solution techniques for specially structured 0-1 integer programming problems. In contrast, very little progress has been made on solving general (mixed integer) problems. This, of course, is not true when viewed from the theoretical side: Lenstra...
Persistent link: https://www.econbiz.de/10005593219
Egalitarian theorists, since Rawls, have in the main advocated equalizing some objective measure of individual well-being, such as primary goods, functioning, or resources, rather than subjective welfare. This discussion, however, has assumed, implicitly, a static environment. By analyzing a...
Persistent link: https://www.econbiz.de/10005593530
We introduce and solve a new class of "downward-recursive" static portfolio choice problems. An individual simultaneously chooses among ranked stochastic options, and each choice is costly. In the motivational application, just one may be exercised from those that succeed. This often emerges in...
Persistent link: https://www.econbiz.de/10005593572
This paper revisits Wald's (1947) sequential experimentation paradigm, now assuming that an impatient decision maker can run variable-size experiments each period at some increasing and strictly convex cost before finally choosing an irreversible action. We translate this natural discrete time...
Persistent link: https://www.econbiz.de/10005762616