Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Keyword
- Publication
- File Type
Articles 1 - 11 of 11
Full-Text Articles in Social and Behavioral Sciences
Long-Run Effects Of The Accelerated Cost Recovery System, Don Fullerton, Yolanda K. Henderson
Long-Run Effects Of The Accelerated Cost Recovery System, Don Fullerton, Yolanda K. Henderson
Don Fullerton
No abstract provided.
When Do Market Games Have Transferable Utility?, Ted Bergstrom, Hal Varian
When Do Market Games Have Transferable Utility?, Ted Bergstrom, Hal Varian
Ted C Bergstrom
A question with a nice clean answer. When do market games have transferable utility? Subject to some regularity conditions, the answer is if and only if indirect utility can be represented in the Gorman polar form.
The Relationship Of Corporate Policy Decisions And Financial Leverage: An Empirical Analysis, Thomas Berry, John Houston
The Relationship Of Corporate Policy Decisions And Financial Leverage: An Empirical Analysis, Thomas Berry, John Houston
Thomas D Berry
No abstract provided.
American Domestic Priorities: An Economic Appraisal, Daniel Rubinfeld, John Quigley
American Domestic Priorities: An Economic Appraisal, Daniel Rubinfeld, John Quigley
Daniel L. Rubinfeld
No abstract provided.
Uncertainty And Policy Agressiveness, Douglas Steigerwald, Roger Craine
Uncertainty And Policy Agressiveness, Douglas Steigerwald, Roger Craine
Douglas G. Steigerwald
How should a decision maker proceed with uncertain knowledge of the decision outcome? We use the unknown coefficient control problem to shed light on the issue.
International Counter-Trade: The Developing Countries International Business Strategy In The 1980’S, Asayehgn Desta
International Counter-Trade: The Developing Countries International Business Strategy In The 1980’S, Asayehgn Desta
Asayehgn Desta
No abstract provided.
The Impact Of Federal Tax Changes Of The Cost Of Debt For State And Local Governments, Thomas Berry, Edward Farragher
The Impact Of Federal Tax Changes Of The Cost Of Debt For State And Local Governments, Thomas Berry, Edward Farragher
Thomas D Berry
No abstract provided.
Learning, Preemption, And The Degree Of Rivalry, C Spatt, F Sterbenz
Learning, Preemption, And The Degree Of Rivalry, C Spatt, F Sterbenz
Fred P Sterbenz
We examine a model in which all firms receive common signals as to the uncertain profitability of an investment whose actual payoffs are split only among those who develop the project earliest. The benefit from preempting rivals yields an equilibrium reduction in the amount of learning and earlier development as the number of rivals increases. The set of equilibria shrinks as the number of rivals gets large, and in the limit only the competitive outcome occurs.
Fnma Mortgage Commitments As Put Options: An Empirical Examination, Thomas Berry, Adam Gehr
Fnma Mortgage Commitments As Put Options: An Empirical Examination, Thomas Berry, Adam Gehr
Thomas D Berry
The Federal National Mortgage Association (FNMA) auctions commitments to purchase mortgages. An examination of the terms of the commitment contract shows that these commitments are actually put options on mortgages. The contract is unusual, however, in that the price of the commitment is a fixed percentage of the value of the mortgages. In the auction, the dealers effectively bid the exercise price at which they would be willing to pay the fixed commitment price. In this paper, we study the economics of the FNMA auction. We use a two-state approximation to the American put pricing model for interest-dependent securities to …
State Variation In The Targeted Jobs Tax Credit Program, Thomas Berry, Julie Lane
State Variation In The Targeted Jobs Tax Credit Program, Thomas Berry, Julie Lane
Thomas D Berry
No abstract provided.
The Competition Of Technologies In Markets For Ideas: Copyright And Fair Use In Evolutionary Perspective (With Steven Peretz), Richard Adelstein
The Competition Of Technologies In Markets For Ideas: Copyright And Fair Use In Evolutionary Perspective (With Steven Peretz), Richard Adelstein
Richard Adelstein
A theory of intellectual goods as distinct from public or private goods, and the rationale for copyright that flows from it.