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Articles 27391 - 27420 of 33870
Full-Text Articles in Entire DC Network
Strictly Fair Allocations In Large Exchange Economies, Lin Zhou
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
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.
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
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
Yale Scientific Magazine: Volume 65, Number 3
Yale Scientific Magazine
No abstract provided.
Malaysian: The Way Forward (Vision 2020), Dr. Mahathir Bin Mohamad
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
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)
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
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
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
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
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
Fallibility In Human Organizations And Political Systems, Raaj K. Sah
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
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
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
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
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.
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
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
Depositors May Apply To State For Emergency Withdrawals To $1000, Neil Downing
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
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)
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
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
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
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
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
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)
Fdic Denies Applications For Federal Deposit Insurance From Five Privately Insured Rhode Island Banks, Federal Deposit Insurance Corporation (Fdic)
Documents
No abstract provided.