Showing 1 - 10 of 3,023
This article presents a game-theoretic model analyzing the strategic competition between hard and fiat money, involving a representative player and a consolidated bank (including the central bank). The findings reveal counterintuitive interactions between inflation, interest rates, and monetary...
Persistent link: https://www.econbiz.de/10015338840
1. Introduction -- 2. The Price of Oysters (demand and supply) -- 3. When You’ve Got to Go, You’ve Got to Go (pricing) -- 4. The Competition is Tough (perfect competition) -- 5. Why Trade is Good 1 (economic welfare) -- 6. Last Copy, Sir: Double Price (monopoly) -- 7. The Kursaal Flyers...
Persistent link: https://www.econbiz.de/10014286464
Persistent link: https://www.econbiz.de/10013363070
In this paper, we compared the models for selecting the optimal portfolio based on different risk measures to identify the periods in which some of the risk measures dominated over others. For decades, the best known return-risk model has been Markowitz's mean-variance model. Based on the...
Persistent link: https://www.econbiz.de/10013041000
Persistent link: https://www.econbiz.de/10012880153
Persistent link: https://www.econbiz.de/10012886275
Persistent link: https://www.econbiz.de/10012887517
Persistent link: https://www.econbiz.de/10012888491
This chapter presents the theory of international environmental agreements (IEAs). It explains what treaties do (or should do); when and why they succeed or fail; and whether they can be designed better. It focuses on the main questions that the literature on this topic has tried to answer,...
Persistent link: https://www.econbiz.de/10014023904
Peace economics can be defined as the use of economics to understand the causes and effects of violent conflict in the international system and the ways that conflict can be avoided, managed, or resolved. This chapter surveys major subject areas of peace economics, highlighting seminal as well...
Persistent link: https://www.econbiz.de/10014024394