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This paper considers the contacting approach to central banking in the context of a simple common agency model. The recent literature on optimal contracts suggests that the political principal of the central bank can design the appropriate incentive schemes that remedy for time-inconsistency...
Persistent link: https://www.econbiz.de/10009429945
[This item is a preserved copy. To view the original, visit http://econtheory.org/] The provision of public goods under asymmetric information has most oftenbeen viewed as a mechanism design problem under the aegis of an uninformedmediator. This paper focuses on institutional contexts without...
Persistent link: https://www.econbiz.de/10009455290
Behavioral economics aims to provide more realistic psychological foundations for economic models. Experimental methods can contribute to this effort by providing the ability to identify causal processes and motivations that can be confounded in field settings. The essays in this dissertation...
Persistent link: https://www.econbiz.de/10009450711
Most considerations of knowledge management focus on corporations and, until recently, considered knowledge to be objective, stable, and asocial. In this paper we wish to move the focus away from corporations, and examine knowledge and national innovation systems. We argue that the knowledge...
Persistent link: https://www.econbiz.de/10009483448
Key factors driving renewable energy demand are state and federal policies requiring the use of renewable feedstocks to produce energy (renewable portfolio standards) and liquid fuels (renewable fuel standards). However, over the next decade, the infrastructure for renewable energy supplies is...
Persistent link: https://www.econbiz.de/10009429463
Theory and evidence on government taxation policy. Topics include tax incidence; optimal tax theory; the effect of taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure policy. From the course home page: Course Description...
Persistent link: https://www.econbiz.de/10009432090
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
Theory and evidence concerning the functioning of the labor market. Particular emphasis on the roles played by government and institutions. Topics include minimum wages, labor market effects of social insurance and welfare programs, the collective bargaining relationship, discrimination, human...
Persistent link: https://www.econbiz.de/10009432687
This paper analyzes inter-firm alliances forproviding the home computer user with aninnovative new telecommunications service: ahigh-speed connection to the Internet. Afterproviding an overview of the Internet accessprovider industry, it discusses the split ofcompetencies needed to deliver this...
Persistent link: https://www.econbiz.de/10009432848
The net neutrality debate has brought out economic rationale for andagainst a variety of proposals of the broadband service providers todifferentiate between different classes of users. Broadband users arecharacterized by the differing amounts of content they request online,as well as their...
Persistent link: https://www.econbiz.de/10009435155