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Theoretical Economics Faces a Serious Challenge
Decision making of economic subjects Determinism of stage of the Word Multifunction of mathematical models Regulatory on financial market
2016/1/27
The authors of the article point out that the theory of economics has failed to yield a solid theoretical background in such critical situations as the transformational period of post-communist econom...
International Handbook on the Economics of Corruption,Volume Two
International Handbook Economics of Corruption Volume Two
2015/9/22
Arbitron, the radio ratings company, recently switched from surveys to ‘Portable People Meters’, an electronic device that directly records the listening habits of their large sample of listeners.2 Th...
The Way We Were: Reflections on the Comparative History of Comparative Economics
comparative economics intellectual history culturomics socialism institutions transition
2015/9/22
This paper examines the characteristics of comparative economics during the period 1977–1992, using computational tools to collect data on the character of publications.These data depict the distincti...
Economics and design of capacity markets for the power sector
power sector capacity markets
2015/9/18
Capacity markets are a means to assure resource adequacy. The need for a capacity market stems
from several market failures the most prominent of which is the absence of a robust demand-side.
Limi...
Homework in Monetary Economics:Inaation,Home Production,and the Production of Homes
Homework Monetary Economics Inaation Home Production the Production of Homes
2015/9/18
We introduce household production and the production of houses (construction) into a monetary model. Theory predicts inaation, as a tax on market activity, encourages substitution into household produ...
Both authors are members of the Department of Economics, Uniuerity of Maryland, and are Fellows at Resources for the Future. W e
are grateful for many valuable comments on earlier drafts of this
pap...
To value a project that will reduce risk of
death for N persons, one would like to know
what each person is willing to pay to reduce
his own probability of death, and, in adhis own probability of d...
Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics
Monetary Policy Rules Translational Economics
2015/8/4
Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics.
Comment on Economics of the Primary Dealer Credit Facility.
Better Living through Monetary Economics.
THE ECONOMICS OF ONLINE POSTSECONDARY EDUCATION: MOOCS, NONSELECTIVE EDUCATION, AND HIGHLY SELECTIVE EDUCATION
Higher education open online courses economy sustainable development education services institutional investment
2015/7/20
I consider how online postsecondary education, including massive open online courses (MOOCs),might fit into economically sustainable models of postsecondary education. I contrast nonselective postseco...
Economic science has
evolved over several decades toward
greater emphasis on empirical work. The
data revolution of the past decade is likely
to have a further and profound effect on
economi...
The New Palgrave Dictionary of Economics Online
carbon emissions tax climate change, economics of computable general equilibrium (CGE) models contingent valuation discount rate global warming hedonic approach integrated assessment models intergenerational equity learning-by-doing Monte Carlo methods price-based vs. quantity-based policies production function approach technology policy time preference tradable emission permits uncertainty
2015/7/17
Climate-change economics attends to the various threats posed by global climate change by offering theoretical and empirical insights relevant to the design of policies to reduce, avoid, or adapt to s...
Recent Advances in the Empirics of Organizational Economics
Economics Management Practices and Processes Performance Productivity Geographic Location
2015/5/13
We present a survey of recent contributions in empirical organizational economics, focusing on management practices and decentralization. Productivity dispersion between firms and countries has motiva...
Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics
Mathematical Methods Economics
2015/5/13
Analytical Optimal Control Theory as Applied to Stochastic and Non-Stochastic Economics.