Showing 1 - 10 of 1,013
Learning and stochastic evolutionary models provide a useful framework for analyzing repeated interactions and experimentation among economic agents over time. They also provide sharp predictions about equilibrium selection when multiplicity exists. This paper defines three convergence measures,...
Persistent link: https://www.econbiz.de/10010779342
This paper introduces epsilon-stability as a generalization of the concept of stochastic stability in learning and evolutionary game dynamics. An outcome of a model of stochastic evolutionary dynamics is said to be epsilon-stable in the long-run if for a given model of mistakes it maximizes its...
Persistent link: https://www.econbiz.de/10010856427
Two factors that have received limited attention in poverty dynamic studies are the role of risk in causing poverty mobility and attrition bias. Controlling for the attrition bias, we study poverty dynamics in urban Ethiopia with an emphasis on the effect of idiosyncratic shocks and informal...
Persistent link: https://www.econbiz.de/10011188580
We use unique cross-sectional household data from Ethiopia to investigate the effect of risk preference, financial literacy and other socio-economic characteristics on demand for index insurance. We measure risk preference based on survey experiments using lottery choice game with real monetary...
Persistent link: https://www.econbiz.de/10011195718
This paper uses a unique and large-scale quasi-experimental data to study the effect of deworming and school meals programs as a package on educational outcomes pupils test scores aggregate, French or math; enrollment, promotion or dropout rates in rural Senegal. We extend the endogenous...
Persistent link: https://www.econbiz.de/10010779337
This study presents novel evidence regarding the role of regional internet infrastructure in reducing regional per capita income disparities. We base our study on the assumptions that 1 the diffusion of information homogenizes regional economies through reducing the dissimilarities in...
Persistent link: https://www.econbiz.de/10011100422
This paper analyses the current burden of obesity in the female population of Jordan on a national scale and examines the factors associated with it. Demographics and Health Surveys DHS were used for the years 2002, 2007 and 2009 covering a total of 23,197 women, 15-49 years of age, and...
Persistent link: https://www.econbiz.de/10011100423
This paper analyses how corruption affects firms ownership of intellectual property titles that relate to firms technological, organizational and further innovation efforts quality certificates and patents. Using firm-level data covering 48 developing and emerging countries, we show corruption...
Persistent link: https://www.econbiz.de/10011100424
A major international transmission channel of productivity increases is trade in intermediate products and services. This paper analyses international spillovers at the industry level and for the first time investigates effects from the services sector in this framework. The analysis makes use...
Persistent link: https://www.econbiz.de/10011100425
The use of fiscal policy instruments to stimulate private RD is widespread and important in some countries like Spain. In this paper we explore the effectiveness of RD tax incentives on knowledge capital accumulation in Spanish manufacturing firms using an unbalanced panel and compare the...
Persistent link: https://www.econbiz.de/10011100426