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An Introduction to The Multidimensional Elasticities of Demand and Supply

Ruiz Estrada, Mario Arturo - 2023

This paper introduces a new way to calculate and represent graphically a large number of elasticities of demand and … elasticities of demand and supply that are interacting together in the same graphical space and time. Hence, we try it to find two … synchronized general common elasticities that one is for demand and another one for supply in the market for any good or service …

Persistent link: https://www.econbiz.de/10014264001

Currency unions, trade, and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect …

Persistent link: https://www.econbiz.de/10011867116

Currency unions, trade and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

Persistent link: https://www.econbiz.de/10011883779

Substitutability of capital-labour in the presence of unions in the US postal services industry

Shahiri, Hazrul Izuan; Zulkifly Osman - In: Institutions and economies 8 (2016) 2, pp. 55-73

Persistent link: https://www.econbiz.de/10011646811

Alternative Multidimensional Economic Theoretical Frameworks for Microeconomics and Macroeconomics

Ruiz Estrada, Mario Arturo - 2013

This paper introduces four different focuses for microeconomics and macroeconomics that are based on the uses of multidimensional graphical modeling and multidimensional mathematical modeling. The main objective of this paper is to present some classic economic theoretical approaches such as the...

Persistent link: https://www.econbiz.de/10014173963

Siesta : A Theory of Freelancing

Saez-Marti, Maria - 2012

I study the effect of fatigue and innate ability on performance in a model with incomplete contracts, lumpy tasks requiring multiple periods of work and stochastic productivity shocks. I find that increasing ability or reducing fatigue does not lead necessarily to more productive efficiency,...

Persistent link: https://www.econbiz.de/10014174866

The Merger of Populations, the Incidence of Marriages, and Aggregate Unhappiness

Stark, Oded; Rendl, Franz; Jakubek, Marcin - 2011

Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...

Persistent link: https://www.econbiz.de/10014179243

Foundations of Evolutionary Economics, Chapter Four : Individuals

Herrmann-Pillath, Carsten - 2013

This is an entirely new draft of the fourth chapter of my book Foundations of Evolutionary Economics which is going to be published by Edward Elgar in due course. A full summary of chapter four can be found at the beginning of the main text. The chapter argues that the evolutionary notion of the...

Persistent link: https://www.econbiz.de/10014185307

Some Propositions on Intergenerational Risk Sharing, Social Security and Self-Insurance

Aoki, Takaaki - 2014

This article describes, within a microeconomic intergenerational bargaining framework incorporating two discrete periods and binary states of risks, some new aspects regarding the mixture of intergenerational risk sharing and social security. Here, state-dependent utility under mortality risk...

Persistent link: https://www.econbiz.de/10014052886

A Theoretical Model of the Distribution of Teacher Attention under Benchmark Testing

Ross, Justin M. - 2011

This paper provides a tractable theoretical model designed to capture the targeting incentives created by benchmark testing. Under high-stakes benchmark testing, schools and teachers are judged on the fraction of students that meet some given level of educational attainment. The incentive for...

Persistent link: https://www.econbiz.de/10014215245