Download or read book Three Essays on Heterogeneity and Asymmetric Information in Land Economics written by TianHang Gao and published by . This book was released on 2019 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sometimes, social planners use reverse auctions to retire or reserve farmland from production. Other times, social planners offer incentive contracts for the adoption of best management plans. Taxes may be used to influence landowners’ development decisions, too. Heterogeneous attributes of landowners as hidden information create challenges to social planners in designing cost-effective policy tools. Landowners have better information and make use of this advantage to maximize private benefits, which limits the performance of these policies, measured by different metrics. The three essays evaluate those policy tools and investigate the heterogeneity and asymmetric information problem in land economics.

Download or read book Heterogeneity and Relative Concerns written by Roberta Distante and published by . This book was released on 2012 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Decision making with asymmetric information written by Silvia Dominguez Martinez and published by Rozenberg Publishers. This book was released on 2007 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Labour Markets written by Sebastian Buhai and published by Rozenberg Publishers. This book was released on 2008 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Individuele en Sociale Beslissingen Bij Onzekerheid written by Stefan Tobias Trautmann and published by Rozenberg Publishers. This book was released on 2008 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most decisions we have to choose between options that involve some uncertainty about their outcomes and their effect on our well-being. Casual observation and carefully controlled studies suggest that, in making these decisions, we often deviate from the benchmark of expected income maximization. This should not come as a surprise. Our well-being is affected by many factors, and the outside observer does not know the importance of various dimensions of the outcome to the decision maker. Even if goals are well defined, it is far from obvious that we succeed in choosing what is best for us. The psychological literature has shown deviations from optimal behavior in simple decision tasks, and we may expect similar deviations to occur in more complex real life problems. In real life situations, however, experience and market interaction will help to restrain suboptimal behavior. This thesis examines deviations from expected income maximization in situations involving uncertainty. We focus on deviations generated by social factors.

Download or read book Come Close and Co create written by Sandra Phlippen and published by Rozenberg Publishers. This book was released on 2008 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Access to relevant external knowledge is crucial for a firms' competitiveness in innovation-driven industries. This thesis focuses on how different forms of proximity affect a firm's ability to access such knowledge. We consider the influence of being co-located in space, of being embedded in a network, and of being active in similar knowledge domains. By integrating these three proximity perspectives, we contribute to various disciplines such as economic geography, organizational sociology and innovation studies. Further, we investigate the make, buy or ally strategies that pharmaceutical firms employ to maximize the probability of innovation (finding new drugs). Our findings suggest that firms employ multiple governance structures simultaneously, even when targeting similar innovations. These insights contribute to our understanding of the boundaries of the firm.

Download or read book The dynamics of cooperate credit risk An intensity based econometric written by and published by Rozenberg Publishers. This book was released on 2008 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on simultaneous search equilibrium written by Ronald Paul Wolthoff and published by Rozenberg Publishers. This book was released on 2008 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forecasting Financial Time Series Using Model Averaging written by Francesco Ravazzolo and published by Rozenberg Publishers. This book was released on 2007 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Believing in a single model may be dangerous, and addressing model uncertainty by averaging different models in making forecasts may be very beneficial. In this thesis we focus on forecasting financial time series using model averaging schemes as a way to produce optimal forecasts. We derive and discuss in simulation exercises and empirical applications model averaging techniques that can reproduce stylized facts of financial time series, such as low predictability and time-varying patterns. We emphasize that model averaging is not a "magic" methodology which solves a priori problems of poorly forecasting. Averaging techniques have an essential requirement: individual models have to fit data. In the first section we provide a general outline of the thesis and its contributions to previ ous research. In Chapter 2 we focus on the use of time varying model weight combinations. In Chapter 3, we extend the analysis in the previous chapter to a new Bayesian averaging scheme that models structural instability carefully. In Chapter 4 we focus on forecasting the term structure of U.S. interest rates. In Chapter 5 we attempt to shed more light on forecasting performance of stochastic day-ahead price models. We examine six stochastic price models to forecast day-ahead prices of the two most active power exchanges in the world: the Nordic Power Exchange and the Amsterdam Power Exchange. Three of these forecasting models include weather forecasts. To sum up, the research finds an increase of forecasting power of financial time series when parameter uncertainty, model uncertainty and optimal decision making are included.

Download or read book Three Essays on the Emergence of Complex Economic Phenomena written by Stephen M. Daley and published by . This book was released on 2005 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Riskfree rate dynamics written by Michel van der Wel. and published by Rozenberg Publishers. This book was released on 2008 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Advances in the use of stochastic dominance in asset pricing written by Philippe Johannes Petrus Marie Versijp and published by Rozenberg Publishers. This book was released on 2007 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book American Doctoral Dissertations written by and published by . This book was released on 2001 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Valuation of travel time reliability in passenger transport written by Yin-Yen Tseng. and published by Rozenberg Publishers. This book was released on 2008 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Private equity acquistions written by W. A. van den Berg and published by Rozenberg Publishers. This book was released on 2007 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fiscal policy under rules and restrictions written by Marcos Poplawski Ribeiro and published by Rozenberg Publishers. This book was released on 2008 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Marriage markets and vertiltiy in South Africa with comparisons to Britain and Sweden written by Seble Worku-Yergou Belay and published by Rozenberg Publishers. This book was released on 2007 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: