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Full-Text Articles in Economic Theory
A General Solution For Linear Decision Rules: An Optimal Dynamic Strategy Applicable Under Uncertainty, George A. Hay, Charles C. Holt
A General Solution For Linear Decision Rules: An Optimal Dynamic Strategy Applicable Under Uncertainty, George A. Hay, Charles C. Holt
George A. Hay
Linear decision rules for controlling complex systems are often obtained by matrix inversion, but transform methods offer an alternative approach that yields insights into the structure of the decision problem of maximizing expected payoffs under constraints.
Polluters’ Profits And Political Response: Direct Control Versus Taxes: Comment, Robert S. Main, Charles W. Baird
Polluters’ Profits And Political Response: Direct Control Versus Taxes: Comment, Robert S. Main, Charles W. Baird
Robert S. Main
In a recent issue of this Review, James Buchanan and Gordon Tullock (B-T) presented a public choice analysis of the relative merits of direct controls and taxes in externality control. In Section IV of their paper, B-T consider the case of reciprocal external diseconomies of consumption. They ask whether "... persons in this sort of interaction, acting through the political processes of the community, will impose on themselves either a penalty tax or direct regulation" (p. 143). Their analysis is carried out within the context of a two-person model in which each person consumes the same quantity of a good …
An Analysis Of The Linkage Between Inflation Rate, Foreign Debt, Unemployment And Economic Growth In Sudan, Yagoub Elryah Dr.
An Analysis Of The Linkage Between Inflation Rate, Foreign Debt, Unemployment And Economic Growth In Sudan, Yagoub Elryah Dr.
Yagoub Elryah (PhD)
After secession of South Sudan, Sudan economy was decline due to losing of oil revenue. The government introduced the austerity measures and fault to recover the economy. The inflation was risen, the unemployment increased among Sudanese. The aim of this article was to analyze the relationship between inflation, unemployment, external debt and economic growth in Sudan. We considered Unit root technique (Augmented Dickey – Fuller Test) to find out long run equilibrium among using time series between 1980 and 2013. We show that all two public debts and unemployment have a direct and significant influence on economic growth. It was …
Essays On Economic Analysis Of Competition Law: Theory And Practice (Ph.D. Dissertation Defence), Dr. Danilo Samà
Essays On Economic Analysis Of Competition Law: Theory And Practice (Ph.D. Dissertation Defence), Dr. Danilo Samà
Dr. Danilo Samà
Essays on economic analysis of competition law: theory and practice
Author:Dr Danilo Samà (LUISS “Guido Carli” University, Law & Economics LAB)
Abstract:The Ph.D. dissertation, submitted to LUISS “Guido Carli” University of Rome in fulfillment of the requirements for the Degree of Doctor of Philosophy in Economic Analysis of Competition Law (XXV cicle), is the result of a scientific research in the field of the economic analysis of competition law developed through academic experiences at the Erasmus Rotterdam University in the Netherlands, the Ghent University in Belgium, the University of Hamburg in Germany and the Toulouse School of Economics in …