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This paper proposes a tractable alternative to Cobb-Douglas utility to resolve the problems of lack of reservation price and income effects in demand functions derived from Cobb-Douglas utility or quasilinear utility. Another advantage of this alternative is that it provides a closed-form...
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We investigate the imposition of a horizontal technical barrier to trade (HTBT) in a symmetric, cross-hauling duopoly. Tariffs and subsidies are ruled out, but, in the absence of a mutual recognition agreement, it is possible for governments to impose HTBTs, so long as firms apply different...
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The study commences with a question that epidemiology would regard as 'old' viz. whether suicide rates are higher in rural areas or urban areas, and turns to applying an economic technique of analysis to studying regional suicide disparities. Several dispersion measures are applied to time...
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