Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network™

Open Access. Powered by Scholars. Published by Universities.®

Yale University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 27391 - 27420 of 33870

Full-Text Articles in Entire DC Network

Strictly Fair Allocations In Large Exchange Economies, Lin Zhou Mar 1991

Strictly Fair Allocations In Large Exchange Economies, Lin Zhou

Cowles Foundation Discussion Papers

In this paper we introduce the concept of a strictly fair allocation and investigate the set of strictly fair allocations in large exchange economies. We prove that when agents’ utility functions are differentiable, the set of strictly fair allocations coincides with the set of equal-income Walrasian equilibria. This is shown using both the “limit theorem” approach the “limit economy” approach. We also extend the analysis to economies that have both atoms and an atomless sector. These results substantially improve upon the existing characterizations of equal-income Walrasian equilibria in terms of both economic efficiency and economic equity.


Dual Distribution In Franchising, Nancy Gallini, Nancy A. Lutz Mar 1991

Dual Distribution In Franchising, Nancy Gallini, Nancy A. Lutz

Cowles Foundation Discussion Papers

In this paper we offer an explanation for the practice of dual distribution. the simultaneous use of franchises and company owned outlets for distributing new products. Our explanation rests on the observation that franchisors often acquire private information, not available to franchisees, on product demand through marketing efforts. Under this assumption of asymmetric information, we show that a franchisor will use both direct ownership as well as the franchise contract to convey information about a new product. This explanation for dual distribution relies neither on capital market imperfections nor upon location-specific factors, in contrast to alternative explanations advanced in the …


Yale Political Monthly 1991 March, The Politic, Inc. Mar 1991

Yale Political Monthly 1991 March, The Politic, Inc.

The Politic

No abstract provided.


Public Law No: 102-18 - Resolution Trust Corporation Funding Act Of 1991, U.S. Congress Mar 1991

Public Law No: 102-18 - Resolution Trust Corporation Funding Act Of 1991, U.S. Congress

Documents

No abstract provided.


Yale Scientific Magazine: Volume 65, Number 3 Mar 1991

Yale Scientific Magazine: Volume 65, Number 3

Yale Scientific Magazine

No abstract provided.


Malaysian: The Way Forward (Vision 2020), Dr. Mahathir Bin Mohamad Feb 1991

Malaysian: The Way Forward (Vision 2020), Dr. Mahathir Bin Mohamad

Documents

A paper introducing the idea of Vision 2020.


Approuvant Les Statuts De La Société Nationale De Recouvrement, Abdou Diouf Feb 1991

Approuvant Les Statuts De La Société Nationale De Recouvrement, Abdou Diouf

Documents

No abstract provided.


Portant Création De La Société Nationale De Recouvrement, Assemblèe Nationale Du Sènègal (National Assembly Of Senegal) Feb 1991

Portant Création De La Société Nationale De Recouvrement, Assemblèe Nationale Du Sènègal (National Assembly Of Senegal)

Documents

No abstract provided.


Executive Order 13: Appointment Of Special Commission And Special Counsel To Investigate The Collapse Of Risdic Insured Institutions, Bruce Sundlun Feb 1991

Executive Order 13: Appointment Of Special Commission And Special Counsel To Investigate The Collapse Of Risdic Insured Institutions, Bruce Sundlun

Documents

No abstract provided.


Credit Union Crisis Depco Will Require $200 Million More, Banking Expert Says, John Kostrzewa Feb 1991

Credit Union Crisis Depco Will Require $200 Million More, Banking Expert Says, John Kostrzewa

Documents

No abstract provided.


Credit Union Crisis Business Viewpoint Guess Who's The Fall Guy In Bailout Game?, Peter Phipps Feb 1991

Credit Union Crisis Business Viewpoint Guess Who's The Fall Guy In Bailout Game?, Peter Phipps

Documents

No abstract provided.


Small Depositors May See Light At End Of Tunnel Under Revised Plan, Neil Downing Feb 1991

Small Depositors May See Light At End Of Tunnel Under Revised Plan, Neil Downing

Documents

No abstract provided.


Depositors Won't Get Scrip As Ious, Neil Downing Feb 1991

Depositors Won't Get Scrip As Ious, Neil Downing

Documents

No abstract provided.


Fallibility In Human Organizations And Political Systems, Raaj K. Sah Feb 1991

Fallibility In Human Organizations And Political Systems, Raaj K. Sah

Discussion Papers

No abstract provided.


Endogenous Fertility, Technical Change And Growth In A Model Of Overlapping Generations, Lakshmi Raut, T. N. Srinivasan Feb 1991

Endogenous Fertility, Technical Change And Growth In A Model Of Overlapping Generations, Lakshmi Raut, T. N. Srinivasan

Discussion Papers

No abstract provided.


Actual And Warranted Relations Between Asset Prices, Andrea E. Beltratti, Robert J. Shiller Feb 1991

Actual And Warranted Relations Between Asset Prices, Andrea E. Beltratti, Robert J. Shiller

Cowles Foundation Discussion Papers

Efficient markets models assert that the price of each asset is equal to the optimal forecast of its ex-post or fundamental value. These models do not imply, however, that the covariance between two asset prices is given by the covariance between the ex-post values they respectively forecast: these two covariances can even have opposite signs. However, it is possible to place bounds on the covariance between asset prices given the covariance matrix of ex-post values. We present such bounds for both covariances and correlations and show how such bounds can be tightened using information beyond the covariance matrix of ex-post …


Economic Equilibrium And Soviet Economic Reform, Herbert E. Scarf Feb 1991

Economic Equilibrium And Soviet Economic Reform, Herbert E. Scarf

Cowles Foundation Discussion Papers

The paper, prepared for a Roundtable on Major Economic Problems in the U.S. and the U.S.S.R., discusses some aspects of price theory — in particular, the theory of general equilibrium — which may offer some theoretical insights about the economic problems to be encountered during the transition from Socialism to private markets in the Soviet Union.


Arithmetic Repeat Sales Price Estimators, Robert J. Shiller Feb 1991

Arithmetic Repeat Sales Price Estimators, Robert J. Shiller

Cowles Foundation Discussion Papers

Repeat sales price estimators are designed to infer price indexes of infrequently sold and unstandardized assets, such as houses, based only on changes in prices of those individual assets that are observed to be sold twice. Repeat sales price estimators are proposed here that are arithmetic, and either value-weighted or equally-weighted. Moreover, variants are proposed that are interval-weighted, i.e., that correct for a form of heteroskedasticity, and that include additional regressors representing changes in hedonic variables. Some of these methods are applied to data on house prices in Atlanta, Chicago, Dallas and San Francisco 1970–1986.


Yale Political Monthly 1991 February, The Politic, Inc. Feb 1991

Yale Political Monthly 1991 February, The Politic, Inc.

The Politic

No abstract provided.


Nine Closed Institutions To Begin Payouts Amounts Vary; Checks To Be Mailed, Neil Downing Jan 1991

Nine Closed Institutions To Begin Payouts Amounts Vary; Checks To Be Mailed, Neil Downing

Documents

No abstract provided.


Act On State Bank Guarantee Fund, Norway Jan 1991

Act On State Bank Guarantee Fund, Norway

Documents

No abstract provided.


Depositors May Apply To State For Emergency Withdrawals To $1000, Neil Downing Jan 1991

Depositors May Apply To State For Emergency Withdrawals To $1000, Neil Downing

Documents

No abstract provided.


Executive Order 6: Indemnification Of President Gregorian, Bruce Sundlun Jan 1991

Executive Order 6: Indemnification Of President Gregorian, Bruce Sundlun

Documents

No abstract provided.


Ordonnant La Présentation À L'Assmblée Nationale Les Projets Suivants, Abdou Diouf, Ministere De L'Economie Et Des Finances Du Sénégal (Ministry Of Economy And Finance) Jan 1991

Ordonnant La Présentation À L'Assmblée Nationale Les Projets Suivants, Abdou Diouf, Ministere De L'Economie Et Des Finances Du Sénégal (Ministry Of Economy And Finance)

Documents

No abstract provided.


Payments Must Still Be Made On A Loan From Closed Institutions, Neil Downing Jan 1991

Payments Must Still Be Made On A Loan From Closed Institutions, Neil Downing

Documents

No abstract provided.


Proposed Measure Gives Depco Wide Powers, Much Independence, Neil Downing Jan 1991

Proposed Measure Gives Depco Wide Powers, Much Independence, Neil Downing

Documents

No abstract provided.


Sundlun Offers Payback Plan New Agency Would Take Over Ailing Banks, Credit Unions, John Kostrzewa Jan 1991

Sundlun Offers Payback Plan New Agency Would Take Over Ailing Banks, Credit Unions, John Kostrzewa

Documents

No abstract provided.


Hundreds Descend On Citizens To Collect Their Federal Payments, Suzanne Espinoza Jan 1991

Hundreds Descend On Citizens To Collect Their Federal Payments, Suzanne Espinoza

Documents

No abstract provided.


11 Institutions Don't Qualify For Insurance Sundlun Vows Depositors Will Be Paid Off In Full, Dean Starkman Jan 1991

11 Institutions Don't Qualify For Insurance Sundlun Vows Depositors Will Be Paid Off In Full, Dean Starkman

Documents

No abstract provided.


Fdic Denies Applications For Federal Deposit Insurance From Five Privately Insured Rhode Island Banks, Federal Deposit Insurance Corporation (Fdic) Jan 1991

Fdic Denies Applications For Federal Deposit Insurance From Five Privately Insured Rhode Island Banks, Federal Deposit Insurance Corporation (Fdic)

Documents

No abstract provided.