Now showing items 33-50 of 50 starting with O∨der=ASC

    • Partial knowledge restrictions on the two-stage threshold model of choice 

      Manzini, Paola; Mariotti, Marco; Tyson, Christopher J. (2016-05) - Journal article
      In the context of the two-stage threshold model of decision making, with the agent's choices determined by the interaction of three "structural variables," we study the restrictions on behavior that arise when one or more ...
    • Preferential votes and minority representation in open list proportional representation systems 

      Negri, Margherita (2018-02) - Journal article
      Under open list proportional representation, voters vote both for a party and for some candidates within its list (preferential vote). Seats are assigned to parties in proportion to their votes and, within parties, to the ...
    • Relative equity market valuation conditions and acquirers’ gains 

      Barbopoulos, Leonidas; Andriosopoulos, Dimitris (2017-10) - Journal article
      We examine whether the relative equity market valuation conditions (EMVCs) in the countries of merging firms help acquirers’ managers to time the announcements of both domestic and foreign targets. After controlling for ...
    • Renormalization method and its economic applications 

      Briec, Walter; Lasselle, Laurence (School of Economics and Finance, University of St Andrews., 2001) - Working or discussion paper
      The purpose of this paper is to give new insights of the method of Helleman (1980) in the context of macrodynamics. This method explains how a difference equation can be locally studied from the Feigenbaum equation in ...
    • Representing a democratic constituency in negotiations : delegation versus ratification 

      Cardona, D.; Ponsatí, C. (2015) - Journal article
      We consider negotiations where one of the parties is a group that must send a representative to the bargaining table. We examine the trade-offs that the group faces in choosing between two different regimes for this ...
    • Revisiting the optimal linear income tax with categorical transfers 

      Slack, Sean Edward (2015-09) - Journal article
      When individuals differ in both productivity and some categorical attribute, optimal linear/piecewise-linear tax expressions are written to capture cases where it is suboptimal to eliminate inequality in the average social ...
    • Sequential action and beliefs under partially observable DSGE environments 

      Kim, Seong-Hoon (2012) - Journal article
      This paper introduces a classification of DSGEs from a Markovian perspective, and positions the class of POMDP (Partially Observable Markov Decision Process) to the center of a generalization of linear rational expectations ...
    • Size invariant measures of association : characterization and difficulties 

      Negri, Margherita; Sprumont, Yves (2015-05) - Journal article
      A measure of association on cross-classification tables is row-size invariant if it is unaffected by the multiplication of all entries in a row by the same positive number. It is class-size invariant if it is unaffected ...
    • Stabilization and commitment : forward guidance in economies with rational expectations 

      Hughes Hallett, Andrew; Acocella, Nicola (2018-01) - Journal article
      We construct a theory of forward guidance in economic policy making in order to provide a framework for explaining the role and strategic advantages of including forward guidance as an explicit part of policy design. We ...
    • State dependent choice 

      Manzini, Paola; Mariotti, Marco (2015-09) - Journal article
      We propose a theory of choices that are influenced by the psychological state of the agent. The central hypothesis is that the psychological state controls the urgency of the attributes sought by the decision maker in the ...
    • Taxation, unemployment and working time in models of economic growth 

      FitzRoy, Felix; Funke, Michael; Nolan, Michael A. (School of Economics and Finance, University of St Andrews., 2001-08) - Working or discussion paper
      This paper combines collective bargaining over wages and working time with models of endogenous and neoclassical growth. Public expenditure is funded by taxes on capital and labour supplied by infinitely-lived households ...
    • The timing of asset trade and optimal policy in dynamic open economies 

      Senay, Ozge; Sutherland, Alan (2013-12) - Journal article
      Using a standard open economy DSGE model, it is shown that the timing of asset trade relative to policy decisions has a potentially important impact on the welfare evaluation of monetary policy at the individual country ...
    • Transaction costs and institutions : investments in exchange 

      Nolan, Charles; Trew, Alex William (2015) - Journal article
      This paper proposes a simple model for understanding transaction costs – their composition, size and policy implications. We distinguish between investments in institutions that facilitate exchange and the cost of conducting ...
    • Uncertainty shocks in a model of effective demand : comment 

      de Groot, Oliver; Richter, Alexander W.; Throckmorton, Nathaniel A. (2018-08-02) - Journal article
      Basu and Bundick, 2017 showed an intertemporal preference volatility shock has meaningful effects on real activity in a New Keynesian model with Epstein and Zin, 1991 preferences. We show that when the distributional weights ...
    • Universities and fundamental research: reflections on the growth of university-industry partnership 

      Poyago-Theotoky, Joanna; Beath, John; Siegel, Donald S. (School of Economics and Finance, University of St Andrews, 2002) - Working or discussion paper
      The recent rise in university-industry partnerships has stimulated an important public policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences ...
    • Validity of willingness to pay measures under preference uncertainty 

      Braun, Carola; Rehdanz, Katrin; Schmidt, Ulrich (2016-04-20) - Journal article
      Recent studies in the marketing literature developed a new method for eliciting willingness to pay (WTP) with an open-ended elicitation format: the Range-WTP method. In contrast to the traditional approach of eliciting WTP ...
    • Welfare economics and bounded rationality : The case for model-based approaches 

      Manzini, Paola; Mariotti, Marco (2014-12) - Journal article
      In this paper we examine the problems facing a policy maker who observes inconsistent choices made by agents who are boundedly rational. We contrast a model-less and a model-based approach to welfare economics. We make the ...
    • Welfare, growth and environment: a sceptical review of the skeptical environmentalist (Bjørn Lomborg, Cambridge University Press, 2001) 

      FitzRoy, Felix; Smith, Ian (School of Economics and Finance, University of St Andrews, 2002) - Working or discussion paper
      In his wide ranging attempt to review the literature on economic development and welfare in relation to the environment, Lomborg claims balance and objectivity, but actually presents a thoroughly misleading picture of ...