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Evidence from a survey of 105 shop-owners in Moscow and Warsaw shows that the reliance on private protection, as well as the burden of regulation and corruption, are much greater in Moscow. The evidence suggests that the `invisible hand' model of government better fits the Warsaw local...
Persistent link: https://www.econbiz.de/10013220931
We present an infinite horizon model with capital in which fiat money and barter are two competing means of payment. Fiat money has value because barter is limited by the extent of a double coincidence of wants. The pattern of exchange generally involves both money and barter. We find that the...
Persistent link: https://www.econbiz.de/10014157957
In connection with an earlier paper on the exchange of live donor kidneys (Roth, Sonmez, and Unver 2004) the authors entered into discussions with New England transplant surgeons and their colleagues in the transplant community, aimed at implementing a Kidney Exchange program. In the course of...
Persistent link: https://www.econbiz.de/10013237035
Patients needing kidney transplants may have willing donors who cannot donate to them because of blood or tissue incompatibility. Incompatible patient-donor pairs can exchange donor kidneys with other such pairs. The situation facing such pairs resembles models of the "double coincidence of...
Persistent link: https://www.econbiz.de/10013245132
Most transplanted kidneys are from cadavers, but there are also substantial numbers of transplants from live donors. Recently, there have started to be kidney exchanges involving two donor-patient pairs such that each donor cannot give a kidney to the intended recipient because of immunological...
Persistent link: https://www.econbiz.de/10013230395
Persistent link: https://www.econbiz.de/10013018307
For an incompatible patient-donor pair, kidney exchanges often forbid receipt-before-donation (the patient receives a kidney before the donor donates) and donation-before-receipt, causing a double-coincidence-of-wants problem. Our proposed algorithm, the Unpaired kidney exchange algorithm, uses...
Persistent link: https://www.econbiz.de/10013289109
During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi … partner. Yet a consensus in the US circa 2000 viewed Russia as a disastrous and threatening failure, and the 1990s as a decade … this perception and the facts. In contrast to the common image, by the late 1990s Russia had become a typical middle …
Persistent link: https://www.econbiz.de/10013222079
) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the … it induced in the social structure, in particular the size of the middle class, across different regions of Russia …
Persistent link: https://www.econbiz.de/10013142282
explain a small part of Russia's increasing wealth inequality. The biggest beneficiaries were not the so-called "oligarchs … comparable state enterprises and companies sold to incumbent managers, and helped fuel Russia's rapid growth after 1999 …
Persistent link: https://www.econbiz.de/10013146519