Economic Theory Commons^™

Mass Atrocities And Their Prevention, Charles H. Anderton, Jurgen Brauer

Economics Department Working Papers

Counting conservatively, and ignoring physical injuries and mental trauma, data show about 100 million mass atrocity-related deaths since 1900. Occurring in war and in peacetime, and of enormous scale, severity, and brutality, they are geographically widespread, occur with surprising frequency, and can be long-lasting in their adverse effects on economic and human development, wellbeing, and wealth. As such, they are a major economic concern. This article synthesizes very diverse and widely dispersed theoretical and empirical literatures, addressing two gaps: a “mass atrocities gap” in the economics literature and an “economics gap” in mass atrocities scholarship. Our goals are, first, for …

A Model Of Low-Risk Piracy, Amil Camilo

Honors Undergraduate Theses

Heterogeneous consumers make the decision to buy a durable good or to download a replica, and a monopolist chooses to price and protect their intellectual property in the form of an authentication cost. An optimal price and authentication cost is derived, and shown to be higher than the efficient outcome for a uniform distribution of consumers. The optimal selection of price and protection are shown to be commensurate with his authenticating technology, and the searching ability of consumers. As an extension, a layout for a monopolist problem where consumers have different searching abilities is shown to be indistinct from a …

Decision Making Under Uncertainty With Applications To Geosciences And Finance, Laxman Bokati

Open Access Theses & Dissertations

In many practical situations, we need to make a decision. In engineering, we need to decide on the best design of a system, and, for existing systems â?? on the best control strategy. In financial applications, we need to decide what is the best way to invest money. In geosciences, we need to decide whether we should explore a possible mineral deposit â?? or whether we should perform more experiments and measurements (and what exactly). In some cases, we can compute the exact consequences of each decision - e.g., if we are controlling a satellite. However, in many other cases, …

A Full Characterization Of Best-Response Functions In The Lottery Colonel Blotto Game, Dan Kovenock, David Rojo Arjona

ESI Working Papers

We fully characterize best-response functions in Colonel Blotto games with lottery contest success functions.

Spanish California Missions: An Economic Success, Lynne Doti

Economics Faculty Articles and Research

Starting in 1769, the Spanish established missions in Alta California. A small band of soldiers, Franciscan priests and volunteers walked from Baja California to San Francisco Bay through semi-arid, scarcely populated land stopping occasionally to establish a location for a religious community. Usually two priests, a few soldiers and a few Indians from Baja California settled at the spot. Their only resources for starting an economy were themselves, a few animals and a nearby source of water. They attracted the local Indians to join the community and perform the work necessary to create a strong economy. After only a few …

Loose Wage Share Note, Anwar Shaikh Phd

Archives of Anwar Shaikh

No abstract provided.

Game Theory In Cricket, Shabab Ahmed

Honors Theses

The paper uses the natural setting of cricket to test theoretical predictions in game theory. In this setting, the agents play a one-shot-two-person constant sum game. The paper assesses whether trained professionals in cricket follow the `mix' of strategies predicted by Nash equilibria. The test uses a unique dataset derived from commentary data comprising of bowler and batsman strategies and outcomes. The paper creates a model for bowler-bastman interactions in cricket and uses this in conjunction with the data to generate predicted Nash equilibrium frequencies. These predicted frequencies are then compared with the actual frequencies from the data. My study …

Investigating The Effect Crime Has On Uber And Yellow Taxi Pickups In Nyc, Kebing Li

Honors Theses

How to manage the relationship between Uber and the local taxi industry has been a long-lasting and hot topic for most of the major cities around the world. Whether Uber is stealing money from and undermining the local taxi drivers or it is beneficial for public transportation has no certain conclusions. In this paper, we focus on the city of New York, where both Uber and traditional Yellow Taxi play important roles in public transportation and city culture in general, and we are trying to investigate the factors that are going to affect Uber and Yellow Taxi pickups in New …

Maxent Discussion, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Folder Cover Label
  Shaikh, A. (2019). Maxent approach discussion. Department of Economics, New School for Social Research.This item is a label on a cream folder. It marks papers about math and economics.
• Seminar Handout Notes
  Dos Santos, P. (2019, February 12). Integrating microscopic to macroscopic economic configurations. Adam Smith Business School, University of Glasgow.This item is a sheet of university paper. It has handwriting by Dr. Anwar Shaikh. It looks at system structures.
• Department Seminar Notes
  Shaikh, A. (2019, February 12). Department seminar notes on Paulo Dos Santos: Maxent. Department of Economics, New School …

Eigenvalue Paper I, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Eigenvalue distribution, matrix size and the linearity of wage-profit curves by Anwar Shaikh, Luiza Nassif Pires, and Jose Alejandro Coronado. (Unpublished work).
• A note on the statistical verification of Marx: Comment on Cockshott and Cottrell by Leon Podkaminer, published in the Cambridge Journal of Economics, volume 29, issue 4, pages 657–658, by Oxford University Press in 2005.
• The second eigenvalue of the Leontief matrix by András Brody, published in Economic Systems Research, volume 9, issue 3, pages 253–258, by Carfax Publishing Company in 1997.
• The spectrum of random matrices by Christian Bidard and Tom Schatteman, …

Teoria Da Crise E A Queda Da Taxa De Lucro, David Harvey

Publications and Research

Abstract:

David Harvey’s article argues against the importance given to the law of the tendency of the rate of profit to fall (TRPF), suggest­ing that Marx derived the « law » under « draconian » assumptions and that Engels was far more enthusiastic about it than Marx, who never went back to the theory later in his life despite its evident incompleteness. Therefore, he argues, we should not take his the­oretical conclusions too far. In his view, Marx perceived crises as momentary and violent eruptions that resolve the existing contra­dictions which can be considered as opportunities of capitalist re­construction rather …

Through The Eyes Of Locals: A Changing Climate In Bolivia, Jacob D. Rex

Undergraduate Theses, Professional Papers, and Capstone Artifacts

Deforestation and Agricultural Land-Use Change in Bolivia as a Function of Socio-Economic Realities.

This research combines semi-structured interviews of key informants and local participants, as well as field observations, which were conducted between January and April of 2019 in the Departments of Santa Cruz & Chuquisaca.

The Anonymity Heuristic: How Surnames Stop Identifying People When They Become Trademarks, Russell W. Jacobs

Dickinson Law Review (2017-Present)

This Article explores the following question central to trademark law: if a homograph has both a surname and a trademark interpretation will consumers consider those interpretations as intrinsically overlapping or the surname and trademark as completely separate and unrelated words? While trademark jurisprudence typically has approached this question from a legal perspective or with assumptions about consumer behavior, this Article builds on the Law and Behavioral Science approach to legal scholarship by drawing from the fields of psychology, linguistics, economics, anthropology, sociology, and marketing.

The Article concludes that consumers will regard the two interpretations as separate and unrelated, processing surname …

Money Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2019, October 2). Money notes and Isabella proposal defense [Folder cover and sticky note].

• Shaikh, A. (1997, January 12). Growth and endogenous money supply [Unpublished handwritten notes].

• Shaikh, A. (1992, May 12). Internal finance and consumption demand [Unpublished handwritten notes].

• Shaikh, A. (1996, October 4). The meaning of the money market [Unpublished handwritten notes].

• Shaikh, A. (1996, March 28). Bank credit and new money [Unpublished handwritten notes].

• Shaikh, A. (n.d.). Commercial bank assets, bank liabilities, FMFBA, and FMBASE: Data table printouts with annotations [Data tables with handwritten notes].

• …

Capitalism/Socialism, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Portfolio response to Atelier Van Lieshout's exhibition by Anwar Shaikh, PhD
• Seminar notes on regimes of capitalism by Anwar Shaikh, PhD
• Discussion notes on Nancy Fraser's periodization of capitalism by Anwar Shaikh, PhD
• Theoretical reflections on socialism and economic reproduction by Anwar Shaikh, PhD
• Henry George School of Social Science forum and movie club planning notes by Anwar Shaikh, PhD.

Counterfactual Conditional Analysis Using The Centipede Game, Ahmed Bilal

CMC Senior Theses

The Backward Induction strategy for the Centipede Game leads us to a counterfactual reasoning paradox, The Centipede Game paradox. The counterfactual reasoning proving the backward induction strategy for the game appears to rely on the players in the game not choosing that very same backward induction strategy. The paradox is a general paradox that applies to backward induction reasoning in sequential, perfect information games. Therefore, the paradox is not only problematic for the Centipede Game, but it also affects counterfactual reasoning solutions in games similar to the Centipede Game. The Centipede Game is a prime illustration of this paradox in …

What Do We Know About The Recent Performance Of Indian Banks?, Laira Aggarwal

CMC Senior Theses

This paper examines the performance of Indian banks by studying the effects of recent reforms and macroeconomic events. Indian banks went through a period of reforms in the past twenty years. The impact of these reforms and major macroeconomic events has been examined using time-series analysis. Event studies offer additional perspective on the short-run effect of the events on different types of Indian banks. Although, the event dates are not all statistically significant in the time-series regressions, the demonetization of 2016 is significant in the event study analysis. Thus, while reforms and events have immediate impact on the performance of …

An Examination Of The Stock Market's Effect On Economic Inequality, Nicholas Golina

Williams Honors College, Honors Research Projects

The economic literature on economic inequality has shown that it can negatively impact aggregate demand because it indicates a higher concentration of wealth in the hands of the top 10% as opposed to the poor and middle class, who are more likely to consume. The literature has identified many factors that can lead to increasing inequality. The stock market could be one of those factors since it can either create an upward redistributive effect towards the top 10% or redistributive effect towards the middle class. This paper tested the effect of the stock market on inequality. This study contributes to …

Essays On Bubbles, Production, And Anti-Bubble Policy, Joseph Sebastian De Souza White

Electronic Theses and Dissertations

This dissertation provides two papers on asset market bubbles. The first chapter analyzes the welfare effect of anti-bubble policy in a macroeconomic model containing both an asset market and a goods market. Overall this chapter shows that anti-bubble policy decreases the welfare of asset seller increases the welfare of asset buyers and has no effect on the welfare of the production side of the goods market. The second chapter provides examples of strong greater-fool bubbles with three states of the world and three periods. It provides examples of strong greater-fool bubbles at various levels of endowment durability as well as …

The Relationship Between Conflict And Longevity: A Panel Data Analysis, Felicitas Adu-Acheampong

Wayne State University Dissertations

With a series of multivariate regression models this study investigates the association of conflict, health and non-health inputs with different facets of longevity in OECD, emerging and African countries. Using a country-level panel data set covering the period 1990 through 2014, five facets of longevity are examined: infant mortality, life expectancy for males at birth, life expectancy for females at birth, life expectancy for males at age 65, and life expectancy for females at age 65 among OECD and emerging countries. With country-level data spanning 1997 through 2016 from 50 African nations, production functions are also estimated for four distinct …