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2011

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Articles 61 - 77 of 77

Full-Text Articles in Economic Theory

Economic Patterns In Capitalism, Anwar Shaikh Phd Jan 2011

Economic Patterns In Capitalism, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Economic patterns in capitalism fall 2011: U.S. economic charts. (2011, Fall). Unpublished document compilation.

• Shaikh, A. (2000, September). The fundamental equation of prices [Unpublished manuscript].

• Sardoni, C. (1994, December 15–17). Marx’s theory of money and interest: Between Robertson and Keynes? [Unpublished conference paper]. Karl Marx’s Third Volume of Capital: 1894–1994 Conference, University of Bergamo, Bergamo, Italy.

• Panico, C. (1988). Marx on the interest rate (Chap. 2) [Photocopy]. In Interest and profit in the theories of value and distribution. Palgrave Macmillan.

• Panico, C. (1988). Marx on the relation between interest and profit …


An Empirical Analysis Of Gasoline Demand In Mexico Using Cointegration Techniques, Mario Elizalde Jan 2011

An Empirical Analysis Of Gasoline Demand In Mexico Using Cointegration Techniques, Mario Elizalde

Open Access Theses & Dissertations

Economic expansion in Mexico has caused fuel consumption in Mexico to increase. Because Mexico does not have sufficient refinery capacity, over 40 percent of total gasoline consumed is imported. This has implications for the balance of payments. In this paper, gasoline demand is empirically examined using co-integration and error correction approaches. Results show no evidence of long-run equilibrium in the Mexican gasoline market. This is potentially attributable to the regulatory regime that governs energy markets in Mexico. Regulated price adjustments that are not consistent with prevailing market conditions run the risk of misallocating resources. Permitting greater flexibility in private gasoline …


Inet Proposal Stage 2, Anwar Shaikh Phd Jan 2011

Inet Proposal Stage 2, Anwar Shaikh Phd

Archives of Anwar Shaikh

his collection includes:

  • Institute for New Economic Thinking. (2011). Standard pre-grant inquiry (PGI) form for grant #3232 (Manuscript). New School University Archives.
  • Puller, N. (2011, July 11). Email correspondence regarding INET pre-grant inquiry for #3232 (Email). New School University Archives.
  • Shaikh, A. (2011). Project budget for sponsor INET (Period: June 1, 2011 to August 31, 2012) (Manuscript). New School University Archives.
  • Shaikh, A. (2011, April 24). Institute for New Economic Thinking proposal stage II cover letter (Manuscript). New School University Archives.
  • Shaikh, A. (2011, April 14). New School institutional giving grant proposal form (Manuscript with handwritten note "Scanned & emailed"). …


Measurement Of Profit, Capital & Rop, Anwar Shaikh Phd Jan 2011

Measurement Of Profit, Capital & Rop, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • Ch 7: Measurement of profit, capital & ROP by Anwar Shaikh
  • Appendix 7.1: Measurement of profit by Anwar Shaikh
  • Appendix 7.2: Measurement of capital and the rate of profit by Anwar Shaikh
  • Appendix 7.2A: Alternate treatments of the rate of profit by Anwar Shaikh


A Sufficient Condition For The Tops-Only Property Of Strategy-Proof Social Choice Functions In The Case Of Two Voters, Huaxia Zeng Jan 2011

A Sufficient Condition For The Tops-Only Property Of Strategy-Proof Social Choice Functions In The Case Of Two Voters, Huaxia Zeng

Dissertations and Theses Collection (Open Access)

In this thesis, we consider the standard voting model with a finite set of alternatives A and 2 voters, and address the following question: besides Domains D satisfying the

Property T (Chatterji & Sen (2011) ), what are other characteristics of domains that induce every strategy-proof and unanimous social choice function f : Dn → A to satisfy the tops-only property? We impose a minimal richness condition which ensures that for every alternative a ∈ A, there exists a preference ordering where a is maximal. We identify a more general condition on domains that is sufficient for strategy-proofness …


Take Me Out Of The Ball Game: The Efficacy Of Public Subsidies In The Success Of Professional Sports Stadiums, Jonah Chodosh Jan 2011

Take Me Out Of The Ball Game: The Efficacy Of Public Subsidies In The Success Of Professional Sports Stadiums, Jonah Chodosh

CMC Senior Theses

This paper weights the relative advantages of multiple factors that lead to the success of professional sports stadiums in major markets, though a discussion of the arguments for and against public subsidies towards these projects. Using a logit statistical model, the paper determines that the two factors determining the highest likelihood of venue success include multiple tenants and access to mass transit. The analysis demonstrates that public subsidies towards stadiums don’t generate sufficient economic returns, and that successful stadiums can be created without using taxpayer funds.


Owen Book Capitalism Vs Economic Democracy, Anwar Shaikh Phd Jan 2011

Owen Book Capitalism Vs Economic Democracy, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • Owen, M. K. (2011). Inscription to anwar shaikh (Handwritten note) (23-8_Owen ... p. 3).
  • Owen, M. K. (2011). Capitalism vs. economic democracy: illuminating capitalist vs. socialist development with a theory inferred from the writings of marx, engels, lenin, dunayevskaya, and sraffa. CreateSpace (23-8_Owen ... pp. 2, 4)


Chapter 11 Competition + Finance, Anwar Shaikh Phd Jan 2011

Chapter 11 Competition + Finance, Anwar Shaikh Phd

Archives of Anwar Shaikh

24-46_Choice of Technology.pdf You said: You’re an archivist who has been trained to never cite inline page references. This habit is so ingrained that the pattern "(P." does not exist in your vocabulary. You are now detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or any further description of the different items, …


Recent Debates On Ltv, Anwar Shaikh Phd Jan 2011

Recent Debates On Ltv, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • The incoherence of the TSSI: a reply to Kliman and Freeman, written by Simon Mohun and Roberto Veneziani, published in Capital & Class, volume 30, number 2, issue 92, in the year 2006, pages 139–145, by the Conference of Socialist Economists.
  • Recent debates on LTV: new interpretation, TSS, critiques, a manuscript file folder label inscribed with the identification code NA-23-52, prepared by Anwar Shaikh, PhD, on June 5, 2026.
  • A temporal single-system interpretation of Marx’s value theory, written by Andrew J. Kliman and Ted McGlone, published in the Review of Political Economy, …


Strategic Behavior In Schelling Dynamics: A New Result And Experimental Evidence, Juan Miguel Benito, Pablo Brañas-Garza, Penélope Hern´Andez, Juan A. Sanchis Jan 2011

Strategic Behavior In Schelling Dynamics: A New Result And Experimental Evidence, Juan Miguel Benito, Pablo Brañas-Garza, Penélope Hern´Andez, Juan A. Sanchis

ESI Working Papers

In this paper we experimentally test Schelling’s (1971) segregation model and confirm the striking result of segregation. In addition, we extend Schelling’s model theoretically by adding strategic behavior and moving costs. We obtain a unique subgame perfect equilibrium in which rational agents facing moving costs may find it optimal not to move (anticipating other participants’ movements). This equilibrium is far for full segregation. We run experiments for this extended Schelling model. We find that the percentage of strategic players dramatically increases with the cost of moving and that the degree of segregation depends on the distribution of rational subjects.


Double Bubbles In Assets Markets With Multiple Generations, Cary Deck, David Porter, Vernon Smith Jan 2011

Double Bubbles In Assets Markets With Multiple Generations, Cary Deck, David Porter, Vernon Smith

ESI Working Papers

We construct an asset market in a finite horizon overlapping-generations environment. Subjects are tested for comprehension of their fundamental value exchange environment, and then reminded during each of 25 periods of its declining new value. We observe price bubbles forming when new generations enter the market with additional liquidity and bursting as old generations exit the market and withdrawing cash. The entry and exit of traders in the market creates an M shaped double bubble price path over the life of the traded asset. This finding is significant in documenting that bubbles can reoccur within one extended trading horizon and, …


Cognitive Effort In The Beauty Contest Game, Pablo Brañas-Garza, Teresa García-Muñoz Jan 2011

Cognitive Effort In The Beauty Contest Game, Pablo Brañas-Garza, Teresa García-Muñoz

ESI Working Papers

This paper analyzes cognitive effort in 6 different one-shot p-beauty games. We use both Raven and Cognitive Reáection tests to identify subjects' abilities. We find that the Raven test does not provide any insight on beauty contest game playing but CRT does: subjects with higher scores on this test are more prone to play dominant strategies.


Don’T Ask Me If You Will Not Listen: The Dilemma Of Participative Decision Making, Brice Corgnet, Roberto Hérnan-Gonzalez Jan 2011

Don’T Ask Me If You Will Not Listen: The Dilemma Of Participative Decision Making, Brice Corgnet, Roberto Hérnan-Gonzalez

ESI Working Papers

We study the effect of participative decision making in an experimental principalagent game, where the principal can consult the agent’s preferred option regarding the task to be undertaken in the final stage of the game. We show that consulting the agent was beneficial to principals as long as they followed the agent’s choice. Ignoring the agent’s choice was detrimental to the principal as it engendered negative emotions and low levels of transfers. Nevertheless, the majority of principals were reluctant to change their mind and adopt the agent’s proposal. Our results suggest that the ability to change one’s own mind is …


Transparency, Efficiency And The Distribution Of Economic Welfare In Pass-Through Investment Trust Games, Thomas A. Rietz, Roman M. Sheremeta, Timothy W. Shields, Vernon Smith Jan 2011

Transparency, Efficiency And The Distribution Of Economic Welfare In Pass-Through Investment Trust Games, Thomas A. Rietz, Roman M. Sheremeta, Timothy W. Shields, Vernon Smith

ESI Working Papers

We design an experiment to examine welfare and behavior in a multi-level trust game representing a pass through investment in an intermediated market. In a repeated game, an Investor invests via an Intermediary who lends to a Borrower. A pre-experiment one-shot version of the game serves as a baseline and to type each subject. We alter the transparency of exchanges between non-adjacent parties. We find transparency of the exchanges between the investor and intermediary does not significantly affect welfare. However, transparency regarding exchanges between the intermediary and borrower promotes trust on the part of the investor, increasing welfare. Further, this …


Currency Trading Using The Fractal Market Hypothesis, Jonathan Blackledge, Kieran Murphy Jan 2011

Currency Trading Using The Fractal Market Hypothesis, Jonathan Blackledge, Kieran Murphy

Articles

We report on a research and development programme in financial modelling and economic security undertaken in the Information and Communications Security Research Group (ICSRG, 2011) which has led to the launch of a new company - Currency Traders Ireland Limited - funded by Enterprise Ireland. Currency Traders Ireland Limited (CTI, 2011) has a fifty year exclusive license to develop a new set of indicators for analysing currency exchange rates (Forex trading). We consider the background to the approach taken and present examples of the results obtained to date.


Chapter 3, Two Versions, Anwar Shaikh Phd Jan 2011

Chapter 3, Two Versions, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

  • Shaikh, Anwar. Handwritten archival overview notes regarding multiple versions of chapter three and macrofoundations of method. Unpublished manuscript.
  • Shaikh, Anwar. Microfoundations, emergent properties and nonlinear dynamics. Unpublished work.
  • Shaikh, Anwar. Earlier raw draft version of chapter three titled microfoundations, emergent properties and nonlinear dynamics. Unpublished work.


Three Essays On Financial Markets And Monetary Policy, Abeba Siraj Mussa Jan 2011

Three Essays On Financial Markets And Monetary Policy, Abeba Siraj Mussa

Dissertations

The global financial crisis triggered by fallout from the sub-prime mortgage market in the U.S. has led economists to focus attention on the role of monetary policy in the crisis. The question of how monetary policy affects the financial sector is the key to the current debate over the role financial stability should play in the monetary policy decisions. As a contribution to this debate, my dissertation examines the link between monetary policy and three main financial sectors - the banking sector, the stock market, and the housing market.

The first essay examines whether the Federal Open Market Committee (FOMC) …