The American Economic Review, Volume 70American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 759
... firm might be in the form of paid vacation days , while another firm might be rewarded with salary increases . DEFINITION 3 : Firm i's evaluation measure is a function E¡ : M → R defined as follows : 6 E1 [ m ] = U ( x ( m ) ) if { m } ...
... firm might be in the form of paid vacation days , while another firm might be rewarded with salary increases . DEFINITION 3 : Firm i's evaluation measure is a function E¡ : M → R defined as follows : 6 E1 [ m ] = U ( x ( m ) ) if { m } ...
Página 1058
... firm A , whose profits are deterministic , ' is legally permitted to pollute firm B , whose profits are stochastic . Since there are no transaction costs by assumption , firm B has the incentive to bribe firm A to reduce its polluting ...
... firm A , whose profits are deterministic , ' is legally permitted to pollute firm B , whose profits are stochastic . Since there are no transaction costs by assumption , firm B has the incentive to bribe firm A to reduce its polluting ...
Página 1059
... firm B is more risk averse than firm A , a similar argument would prevail if firm A is more risk averse than firm B. Suppose that firm A evaluates the damages at $ 75 and firm B at $ 40 in certainty - equivalent terms . Greenwood and ...
... firm B is more risk averse than firm A , a similar argument would prevail if firm A is more risk averse than firm B. Suppose that firm A evaluates the damages at $ 75 and firm B at $ 40 in certainty - equivalent terms . Greenwood and ...
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adjustment analysis applied assets assumed assumption average basic behavior capital consider constant consumer consumption cost countries defined demand determine discussion distribution domestic earnings Econ economic effect efficient equal equation equilibrium estimated example exchange rate existing expected experience Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment issues labor less marginal mean measure ment Michigan monetary Note obtained optimal output percent period Ph.D planning positive possible preferences present problem production profits ratio reduces regulation relative respect risk saving share Social spells supply Table theory tion trade uncertainty unemployment United University utility utility function variable wage yields zero
Informação bibliográfica
| Título | The American Economic Review, Volume 70 The American Economic Review, American Economic Association |
| Colaborador | American Economic Association |
| Editora | American Economic Association., 1980 |
| Original de | Universidade da Califórnia |
| Digitalizado | 9 Jul 2008 |
| Exportar citação | BiBTeX EndNote RefMan |