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Social and Behavioral Sciences Commons

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Articles 1 - 30 of 39

Full-Text Articles in Social and Behavioral Sciences

Modelling The Choice Of Residential Location, Daniel Mcfadden Dec 1977

Modelling The Choice Of Residential Location, Daniel Mcfadden

Cowles Foundation Discussion Papers

No abstract provided.


Probabilistic Values For Games, Pradeep Dubey, Robert J. Weber Nov 1977

Probabilistic Values For Games, Pradeep Dubey, Robert J. Weber

Cowles Foundation Discussion Papers

No abstract provided.


Quantitative Methods For Analyzing Travel Behaviour Of Individuals: Some Recent Developments, Daniel Mcfadden Nov 1977

Quantitative Methods For Analyzing Travel Behaviour Of Individuals: Some Recent Developments, Daniel Mcfadden

Cowles Foundation Discussion Papers

This paper is concerned with quantitative methods for the analysis of travel behaviour of individuals. It reviews some of the recent developments in model specification, estimation, model evaluation and testing, and aggregation and forecasting. Topics in model specification include the multinomial probit model and its computation, and generalized extreme value models and their relation to sequential models. Topics in estimation methods include the use of choice-based samples, sample designs, and incomplete choice sets. Model evaluation topics include prediction success tables and diagnostic tests of specification. Aggregation and forecasting topics include aggregation by the Clark method, synthesis of the distribution of …


Game Theory Models And Methods In Political Economy, Martin Shubik Nov 1977

Game Theory Models And Methods In Political Economy, Martin Shubik

Cowles Foundation Discussion Papers

An overview of different moels and solution concepts of game theory is given together with a sketch of the major areas of application to political economy, as well as with some indications of major open problems. This piece is designed to complement the essay of Robert Aumann which is more directly concerned with the mathematical methods of game theory. Although many references are given the reader may find more detail and references in a series of Rand reports on Game Theory in Economics [1].


Probabilistic Values For Games, Pradeep Dubey, Robert J. Weber Nov 1977

Probabilistic Values For Games, Pradeep Dubey, Robert J. Weber

Cowles Foundation Discussion Papers

No abstract provided.


The Effects Of Money Supply On Economic Welfare In The Steady State, Laurence Weiss Nov 1977

The Effects Of Money Supply On Economic Welfare In The Steady State, Laurence Weiss

Cowles Foundation Discussion Papers

No abstract provided.


The Computation Of Equilibrium Prices: An Exposition, Herbert E. Scarf Nov 1977

The Computation Of Equilibrium Prices: An Exposition, Herbert E. Scarf

Cowles Foundation Discussion Papers

No abstract provided.


Nash Equilibria Of Market Games: I. Existence And Convergence, Pradeep Dubey Nov 1977

Nash Equilibria Of Market Games: I. Existence And Convergence, Pradeep Dubey

Cowles Foundation Discussion Papers

No abstract provided.


Nepal Studies Association Bulletin, No. 14, Nepal Studies Association, Donald A. Messerschmidt Oct 1977

Nepal Studies Association Bulletin, No. 14, Nepal Studies Association, Donald A. Messerschmidt

Nepal Studies Association Newsletter

No abstract provided.


The Long Run Implications Of A Two Sector Model With Immobile Capital, Gary Smith Oct 1977

The Long Run Implications Of A Two Sector Model With Immobile Capital, Gary Smith

Cowles Foundation Discussion Papers

No abstract provided.


Information Conditions, Communication And General Equilibrium, Pradeep Dubey, Martin Shubik Oct 1977

Information Conditions, Communication And General Equilibrium, Pradeep Dubey, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


On Modeling The Economic Linkages Among Countries, Ray C. Fair Oct 1977

On Modeling The Economic Linkages Among Countries, Ray C. Fair

Cowles Foundation Discussion Papers

No abstract provided.


The Long Run Implications Of An Is-Lm Simulation Model, Gary Smith Oct 1977

The Long Run Implications Of An Is-Lm Simulation Model, Gary Smith

Cowles Foundation Discussion Papers

No abstract provided.


The Greedy Heuristic Applied To A Class Of Set Partitioning And Subset Selection Problems, Richard Engelbrecht-Wiggans Oct 1977

The Greedy Heuristic Applied To A Class Of Set Partitioning And Subset Selection Problems, Richard Engelbrecht-Wiggans

Cowles Foundation Discussion Papers

The greedy heuristic may be used to obtain approximate solutions to integer programming problems. For some classes of problems, notably knapsack problems related to the coin changing problem, the greedy heuristic results in optimal solutions. However, the greedy heuristic does quite poorly at maximizing submodular set functions. This paper considers a class of set partitioning and subset selection problems. Results similar to those for maximizing submodular set functions are obtained for less restricted objective functions. The example used to show how poorly the heuristic does is motivated by a problem arising from an actual auction; the negative results are not …


Sealed Bid Auctions With Non-Additive Bid Functions, Richard Engelbrecht-Wiggans Oct 1977

Sealed Bid Auctions With Non-Additive Bid Functions, Richard Engelbrecht-Wiggans

Cowles Foundation Discussion Papers

A traditional sealed bid auction of a single item sells the item at the high bid price to a bidder with the highest bid. Such an auction may be used to auction several items; each bidder submits a bid on each item and each item is sold to a high bidder on that item. Implicit in this traditional scheme is the assumption that the bid for a set of items is the sum of the bids on the individual items: there are instances where this restriction appears unreasonable. This paper considers a more general sealed bid auction in which bids …


A Theory Of Money And Financial Institutions, Martin Shubik Sep 1977

A Theory Of Money And Financial Institutions, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Deficit Spending And Crowding Out In Shorter And Longer Runs, James Tobin Sep 1977

Deficit Spending And Crowding Out In Shorter And Longer Runs, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.


The Long Run Consequences Of Monetary And Fiscal Policies When The Governments Budget Is Not Balanced, Gary Smith Sep 1977

The Long Run Consequences Of Monetary And Fiscal Policies When The Governments Budget Is Not Balanced, Gary Smith

Cowles Foundation Discussion Papers

No abstract provided.


Equilibrium And Disequilibrium Interpretations Of The Is-Lm Model, Gary Smith Aug 1977

Equilibrium And Disequilibrium Interpretations Of The Is-Lm Model, Gary Smith

Cowles Foundation Discussion Papers

There is a considerable tension in neoKeynesian macroeconomics as to whether the familiar IS-LM analysis should be interpreted as a description of equilibrium or disequilibrium. The present paper shows how the IS-LM model can be used for either purpose. The first section provides the preliminaries for the model of disequilibrium behavior that I will use. The second section lays out the sectoral notional and effective demands. The third section gives the equilibrium solution while the fourth and fifth sections give excess supply and excess demand solutions respectively.


An Analysis Of A Macroeconometric Model With Rational Expectations In The Bond And Stock Markets, Ray C. Fair Aug 1977

An Analysis Of A Macroeconometric Model With Rational Expectations In The Bond And Stock Markets, Ray C. Fair

Cowles Foundation Discussion Papers

No abstract provided.


Strategic Market Games: A Sketch Of An Approach To The Theory Of Money And Financial Institutions. Together With An Informal Guide To Some Papers, Martin Shubik Aug 1977

Strategic Market Games: A Sketch Of An Approach To The Theory Of Money And Financial Institutions. Together With An Informal Guide To Some Papers, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


How Dead Is Keynes?, James Tobin Jul 1977

How Dead Is Keynes?, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.


Modeling Technological Change: Use Of Mathematical Programming Models In The Energy Sector, William D. Nordhaus, Ludo Van Der Heyden Jun 1977

Modeling Technological Change: Use Of Mathematical Programming Models In The Energy Sector, William D. Nordhaus, Ludo Van Der Heyden

Cowles Foundation Discussion Papers

No abstract provided.


Monetary Policies And The Economy — The Transmission Mechanism, James Tobin Jun 1977

Monetary Policies And The Economy — The Transmission Mechanism, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.


A Theory Of Money And Financial Institutions. Part 22. A Price-Quantity Buy-Sell Market With And Without Contingent Bids, Martin Shubik May 1977

A Theory Of Money And Financial Institutions. Part 22. A Price-Quantity Buy-Sell Market With And Without Contingent Bids, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Nepal Studies Association Bulletin, Nos. 12-13, Nepal Studies Association, Donald A. Messerschmidt Apr 1977

Nepal Studies Association Bulletin, Nos. 12-13, Nepal Studies Association, Donald A. Messerschmidt

Nepal Studies Association Newsletter

No abstract provided.


A Model Of The Balance Of Payments, Ray C. Fair Apr 1977

A Model Of The Balance Of Payments, Ray C. Fair

Cowles Foundation Discussion Papers

No abstract provided.


An Observation On The Structure Of Production Sets With Indivisibilities, Herbert E. Scarf Apr 1977

An Observation On The Structure Of Production Sets With Indivisibilities, Herbert E. Scarf

Cowles Foundation Discussion Papers

No abstract provided.


A Theory Of Money And Financial Institutions. Part 36. The Money Rate Of Interest (A Multiperiod Nonatomic Trading And Production Economy With Outside Money, Inside Money And Optimal Bankruptcy Rules), Pradeep Dubey, Martin Shubik Apr 1977

A Theory Of Money And Financial Institutions. Part 36. The Money Rate Of Interest (A Multiperiod Nonatomic Trading And Production Economy With Outside Money, Inside Money And Optimal Bankruptcy Rules), Pradeep Dubey, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Policy Effects In A Model Of The Balance Of Payments, Ray C. Fair Apr 1977

Policy Effects In A Model Of The Balance Of Payments, Ray C. Fair

Cowles Foundation Discussion Papers

No abstract provided.