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Social and Behavioral Sciences Commons™
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Articles 1 - 24 of 24
Full-Text Articles in Social and Behavioral Sciences
Technological Development And Employment, James Tobin
Technological Development And Employment, James Tobin
Cowles Foundation Discussion Papers
No abstract provided.
Information, Duopoly And Competitive Markets: A Sensitivity Analysis, Martin Shubik
Information, Duopoly And Competitive Markets: A Sensitivity Analysis, Martin Shubik
Cowles Foundation Discussion Papers
No abstract provided.
Social Choice On Pollution Management: The Genossenschaften, Alvin K. Klevorick, Gerald H. Kramer
Social Choice On Pollution Management: The Genossenschaften, Alvin K. Klevorick, Gerald H. Kramer
Cowles Foundation Discussion Papers
No abstract provided.
Input Quality, Obsolescence And Unemployment, J. Kirker Stephens
Input Quality, Obsolescence And Unemployment, J. Kirker Stephens
Cowles Foundation Discussion Papers
No abstract provided.
Existence Of A “Local” Cooperative Equilibrium In A Class Of Voting Games, Gerald H. Kramer, Alvin K. Klevorick
Existence Of A “Local” Cooperative Equilibrium In A Class Of Voting Games, Gerald H. Kramer, Alvin K. Klevorick
Cowles Foundation Discussion Papers
No abstract provided.
Existence Of A Competitive Equilibrium In A Nonstandard Exchange Economy, Donald J. Brown
Existence Of A Competitive Equilibrium In A Nonstandard Exchange Economy, Donald J. Brown
Cowles Foundation Discussion Papers
No abstract provided.
Some Further Results On The Measurement Of Inequality, Michael Rothschild, Joseph E. Stiglitz
Some Further Results On The Measurement Of Inequality, Michael Rothschild, Joseph E. Stiglitz
Cowles Foundation Discussion Papers
No abstract provided.
Voting Behavior And Aggregate Policy Targets, Susan J. Lepper
Voting Behavior And Aggregate Policy Targets, Susan J. Lepper
Cowles Foundation Discussion Papers
No abstract provided.
A Theory Of Money And Financial Institutions. Part V. The Rate Of Interest On Fiat Money In A Closed Economy, Martin Shubik
A Theory Of Money And Financial Institutions. Part V. The Rate Of Interest On Fiat Money In A Closed Economy, Martin Shubik
Cowles Foundation Discussion Papers
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a veil, it is a cocoon. There are no idle cash balances in a competitive monetary economy with a money market without uncertainty. The presence of uncertainty calls for the holding of cash. In a trading economy with perfect foresight, without taxes, but with traders having positive time discounts the rate of interest on paper money is positive. With uncertainty, fiat money is a form of insurance or generalized futures contract. The mathematical differences among static general equilibrium theory, a theory of money …
Benefit-Cost Analysis And Trade Policies, Partha Dasgupta, Joseph E. Stiglitz
Benefit-Cost Analysis And Trade Policies, Partha Dasgupta, Joseph E. Stiglitz
Cowles Foundation Discussion Papers
No abstract provided.
Alternative Theories Of Wage Determination And Unemployment In L.D.C.’S: I. The Labor Turn-Over Model, Joseph E. Stiglitz
Alternative Theories Of Wage Determination And Unemployment In L.D.C.’S: I. The Labor Turn-Over Model, Joseph E. Stiglitz
Cowles Foundation Discussion Papers
No abstract provided.
A Theory Of Money And Financial Institutions. Part Viii. Transactions Costs In A Market Economy, Martin Shubik
A Theory Of Money And Financial Institutions. Part Viii. Transactions Costs In A Market Economy, Martin Shubik
Cowles Foundation Discussion Papers
No abstract provided.
Political Business Cycle, William D. Nordhaus
Political Business Cycle, William D. Nordhaus
Cowles Foundation Discussion Papers
No abstract provided.
A Theory Of Money And Financial Institutions. Part Vi. The Rate Of Interest, Noncooperative Equilibrium And Bankruptcy, Lloyd S. Shapley, Martin Shubik
A Theory Of Money And Financial Institutions. Part Vi. The Rate Of Interest, Noncooperative Equilibrium And Bankruptcy, Lloyd S. Shapley, Martin Shubik
Cowles Foundation Discussion Papers
No abstract provided.
A Theory Of Money And Financial Institutions. Part Ix. Competitive And Controlled Price Economies: The Arrow-Debreu Model Revisited, Martin Shubik
A Theory Of Money And Financial Institutions. Part Ix. Competitive And Controlled Price Economies: The Arrow-Debreu Model Revisited, Martin Shubik
Cowles Foundation Discussion Papers
No abstract provided.
On The Irrelevance Of Corporate Financial Policy, Joseph E. Stiglitz
On The Irrelevance Of Corporate Financial Policy, Joseph E. Stiglitz
Cowles Foundation Discussion Papers
No abstract provided.
Notes On Transactions Costs And The Analysis Of Microeconomic Theory, Ross M. Starr
Notes On Transactions Costs And The Analysis Of Microeconomic Theory, Ross M. Starr
Cowles Foundation Discussion Papers
No abstract provided.
A Theory Of Money And Financial Institutions. Part Iv. Fiat Money And Noncooperative Equilibrium In A Closed Economy, Martin Shubik
A Theory Of Money And Financial Institutions. Part Iv. Fiat Money And Noncooperative Equilibrium In A Closed Economy, Martin Shubik
Cowles Foundation Discussion Papers
Fiat money is a type of paper or symbol with which any individual may buy most things by law. It has virtually no intrinsic value but immediately assumes a trading value when its shortage can prevent trades that would have been deemed profitable in a nonmonetary competitive equilibrium system. This paper sketches an approach to a theory of fiat money by investigating the properties of a noncooperative dynamic trading games embedded within a closed economic system. Among the conclusions are that inflation and deflation are not symmetric, and that it is not possible to define a noncooperative game involving borrowing …
A Theory Of Money And Financial Institutions. Part Vii. Money, Trust And Equilibrium Points In Games In Extensive Form, Martin Shubik
A Theory Of Money And Financial Institutions. Part Vii. Money, Trust And Equilibrium Points In Games In Extensive Form, Martin Shubik
Cowles Foundation Discussion Papers
No abstract provided.
The Effect Of Inflation On The Distribution Of Economic Welfare, William D. Nordhaus
The Effect Of Inflation On The Distribution Of Economic Welfare, William D. Nordhaus
Cowles Foundation Discussion Papers
No abstract provided.
A Comparison Of Alternative Estimators For A Dynamic Relationship Estimated From A Time Series Of Cross-Sections When The Disturbances Are Small, Jon K. Peck
Cowles Foundation Discussion Papers
No abstract provided.
The Cores Of Large Standard Exchange Economies, Donald J. Brown, Abraham Robinson
The Cores Of Large Standard Exchange Economies, Donald J. Brown, Abraham Robinson
Cowles Foundation Discussion Papers
No abstract provided.
A General Equilibrium Calculation Of The Effects Of Differential Taxation Of Income From Capital In The U.S., John B. Shoven, John Whalley
A General Equilibrium Calculation Of The Effects Of Differential Taxation Of Income From Capital In The U.S., John B. Shoven, John Whalley
Cowles Foundation Discussion Papers
No abstract provided.
The Marginal Revolution After One Hundred Years, Ronald G. Bodkin
The Marginal Revolution After One Hundred Years, Ronald G. Bodkin
Cowles Foundation Discussion Papers
No abstract provided.