The American Economic Review, Volume 85,Edições 1-3American Economic Association, 1995 |
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Página 77
... preferences " and the capacity to solve problems . It is interesting to reinterpret my model as one in which there is evolution of prefer- ence orderings rather than of programmed strategies . In this interpretation , natural se ...
... preferences " and the capacity to solve problems . It is interesting to reinterpret my model as one in which there is evolution of prefer- ence orderings rather than of programmed strategies . In this interpretation , natural se ...
Página 89
... preferences of each voter be single - peaked ( Duncan Black , 1958 ) . How- ever , in our model , preferences are not single - peaked even when demand is linear and costs are identical ( Cave and Salant , 1987 p . 275 ) . Nonetheless ...
... preferences of each voter be single - peaked ( Duncan Black , 1958 ) . How- ever , in our model , preferences are not single - peaked even when demand is linear and costs are identical ( Cave and Salant , 1987 p . 275 ) . Nonetheless ...
Página 90
... preference function at his cutoff . One could , alternatively , replace the re- quirement that all preferences be continuous with these two weaker requirements . 16 Many extensive - form voting games that have pay- offs with a unique ...
... preference function at his cutoff . One could , alternatively , replace the re- quirement that all preferences be continuous with these two weaker requirements . 16 Many extensive - form voting games that have pay- offs with a unique ...
Índice
Evidence? | 17 |
Dan Kovenock and Gordon Phillips | 403 |
The Effect of Institutions on Economic Behavior | 409 |
Direitos de autor | |
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aggregate analysis assume average behavior benefits bill rate Bretton Woods Cambridge cartels central bank cheap talk choice coefficient consumption contract correlation cost countries deutsche mark drug effect employment equation estimates evidence expected fiat money firms forecast genotype growth households human capital hypothesis implies incentive income increase individual industry inflation investment Journal of Economic labor market lagged liquidity constraints marginal Medicaid ment minimum wage monetary policy monomorphic Nash equilibrium National nomic nontraded null hypothesis optimal output paper payoff function percent player political population preferences problem quota ratio reduce regression relative Research response revenue risk Robert sample sector shocks significant social Solow residuals spending statistically strategy studies supply shocks symmetric Nash Table tax rates theory tion tive trade University utility variables voters welfare workers y₁ zero