Showing 1 - 9 of 9
Using village date from Tanzania, we test whether gifts and loans between households are voluntary while correcting for mis-reporting by the giving and receiving households. Tow maintained assumptions underlie our analysis: answers to a question on who people would turn to for help are good...
Persistent link: https://www.econbiz.de/10009642406
We show that for any market-clearing price, average profits in a symmetric industry cannot exceed the individual profits from the Walrasian output. This immediately implies that a firm itself can guarantee to beat the market by producing the Walrasian output. This property clarifies and...
Persistent link: https://www.econbiz.de/10008486379
In this paper, the authors characterize belief-free equilibria in infinitely repeated games with incomplete information with N \ge 2 players and arbitrary information structures. This characterization involves a new type of individual rational constraint linking the lowest equilibrium payoffs...
Persistent link: https://www.econbiz.de/10008458014
In the wake of regulatory, information technology and methodological changes, statistical property valuation has been gaining traction in Hungary. This paper looks at the available methods of appraisal based on the literature. We provide an overview of the advantages and drawbacks of the...
Persistent link: https://www.econbiz.de/10011944894
In the wake of regulatory, information technology and methodological changes, statistical property valuation has been gaining traction in Hungary. This paper looks at the available methods of appraisal based on the literature. We provide an overview of the advantages and drawbacks of the...
Persistent link: https://www.econbiz.de/10011562772
This paper estimates the effect of school starting age on academic performance using the 2006 "National Assessment of Basic Competencies" (NABC), focusing on disadvantaged and non-disadvantaged children. The instrumental variable estimates of the school starting age imply that those who start...
Persistent link: https://www.econbiz.de/10010494701
Persistent link: https://www.econbiz.de/10000725675
This paper estimates the effect of school starting age on academic performance using the 2006 "National Assessment of Basic Competencies" (NABC), focusing on disadvantaged and non-disadvantaged children. The instrumental variable estimates of the school starting age imply that those who start...
Persistent link: https://www.econbiz.de/10008697058
Persistent link: https://www.econbiz.de/10014276375