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Economics : Recent Questions and Answers (Page 74)

Find answers to your questions about Economics or help others by answering their Economics questions.

Bargaining Theory: reading list

I looked around in the forum but I have not found this question yet. I would like to approach the topic of bargaining models in the spirit of Rubinstein, Ariel....

Asked on 08/27/2020 by KArrow'sBest

1 answer

I cannot understand Sobel & Crawford 1982 (cheap talk)

I am a master student, currently reading this paper for fun during the break. I got lost during the part $U^S(bar y, bar m, b) = max_{y in Y}...

Asked on 08/26/2020 by Aspiring Economist

1 answer

Pareto efficiency and maximization of sum of utilities

I'm trying to understand the relation between maximizing sum of utilities and finding Pareto efficient allocations. According to https://econ.ucsb.edu/~tedb/Courses/UCSBpf/pflectures/chap2.pdf (page 13), concavity plays an important role in...

Asked on 08/24/2020 by PGupta

1 answer

How does Austrian Economics define Labour Productivity?

Is there a specific Austrian definition in accordance to the concept of Labour Productivity?If Labour Productivity is too broad of a term, then I will qualify to be speaking about...

Asked on 08/22/2020 by Akiva

0 answer

Determining a variable from empirical results obtained from regression analysis

For context, I am trying to estimate the excess supply and demand in the Commercial Real Estate market and the rental price adjustment mechanism following the change in vacancy. I...

Asked on 08/22/2020 by kms

0 answer

What was the Rogoff & Reinhart spreadsheet mistake?

In class our professor said that the Rogoff and Reinhart research on growth and debt was discredited due to spreadsheet mistake. What was this mistake? Also did they perform their...

Asked on 08/21/2020 by csilvia

2 answer

How do I derive the aggregate demand function given two utilities functions?

Assume that we have two people with the same utility function of $U_i = x^{1/2} + y^{1/2}$ where $i=1,2$ and $I_i$ is the income. Let $P_x$...

Asked on 08/21/2020 by user25621

1 answer

Questions about the Edgeworth box

I have some doubts about the Edgeworth box, it's a newbie one so thanks in advance for the patience. In case, I'm confused if we can count the root of...

Asked on 08/20/2020 by Omar Charming Khodr

2 answer

effective and annual interest rate compounded monthly?

I just started my Enginnering Economic and I met this question in my quizPromInvest Inc. invested 5.5 million in a project ten years ago. As oftoday the worth of...

Asked on 08/18/2020 by Irene Kara

0 answer

What is money really?

Say I have €1000 (or $1000) on a bank account. What is that money really? Is it a value stored on some computer at the bank where I have the...

Asked on 08/18/2020

4 answer

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