搜索结果: 1-15 共查到“理论经济学 Optimal”相关记录105条 . 查询时间(0.165 秒)
In auctions where a seller can post a reserve price but if the object fails to sell cannot commit never to attempt to resell it, revenue equivalence between repeated first price and second price aucti...
The Optimal Timing of Procurement Decisions and Patent Allocations
Optimal Timing Procurement Decisions Patent Allocations
2015/9/23
We illustrate by means of a dynamic research and development race that while at some points in the race social incentives and private incentives may coincide at other points they may diverge -- too ma...
The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities they face goes back to Edgeworth (1894). Despite the centrality of the optimal t...
Optimal Fiscal and Monetary Policy When Money is Essential
Friedman Rule intertemporal distortions micro-founded models of money
2015/9/18
We study optimal fiscal and monetary policy in an environment where explicit frictions giverise to valued money, making money essential in the sense that it expands the set of feasible trades. The two...
The Optimal Consumption of a Depletable Natural Resource: An Elaboration, Correction and Extension
Natural Resource Elaboration
2015/9/18
Weinstein and Zeckhauser^ have shown that the competitive rate
of extraction of a resource of known extent is socially optimal and the
monopolistic rate of extraction generally suhoptimal, hut that ...
Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags
Optimal Stabilization Rules Gestation Lags
2015/8/5
Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags.
Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty
Insurance Aggregate Uncertainty Financial Markets Optimal Taxation
2015/7/31
his paper studies Pareto-optimal risk-sharing arrangements in a private information economy with aggregate uncertainty and ex ante heterogeneous agents. I show how to implement Pareto-optima as equili...
We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rentseeking activities, where private r...
This paper considers the optimal selling mechanism for complementary items.
When buyers are perfectly symmetric, the optimal procedure is to bundle the items
and run a standard auction. In general, ...
Optimal incentive schemes for managers may involve liquidating a firm following bad
news. Fragile financial structures, vulnerable to runs, have been proposed as a way
to implement these...
Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort:Theory and Mortgage-Market Evidence
Diagnosing Consumer Confusion Sub-Optimal Shopping Theory and Mortgage-Market
2015/7/20
Mortgage loans are leading examples of transactions where experts on one side of the market take advantage of consumers’ lack of knowledge and experience. We study the compensation that borrowers pay ...
OPTIMAL MANDATES AND THE WELFARE COST OF ASYMMETRIC INFORMATION: EVIDENCE FROM THE U.K. ANNUITY MARKET
Annuities contract choice adverse selection
2015/7/17
Much of the extensive empirical literature on insurance markets has focused on
whether adverse selection can be detected. Once detected, however, there has been
little attempt to quantify its welfar...
We interpret an ìequality matchingîrelationship as a chips mechanism, and we characterize the optimal chips mechanism in a repeated favor-exchange game. We then compare the optimal chips mechanis...
华中科技大学投资学课件Chapter7 Optimal Risky Portfolios
华中科技大学 投资学 课件 Chapter7 Optimal Risky Portfolios
2015/5/19
华中科技大学投资学课件Chapter7 Optimal Risky Portfolios。
The Optimal Taxation of Height:A Case Study of Utilitarian Income Redistribution
Taxation Wages Personal Characteristics
2015/5/14
Should the income tax include a credit for short taxpayers and a surcharge for tall ones? The standard Utilitarian framework for tax analysis answers this question in the affirmative. Moreover, a plau...