Browsing Department of Economics by Title
Now showing items 23-42 of 328
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(Vanderbilt University, 2002)In this paper we examine intra-household gender differences and the incidence of child labor and children¬πs school attendance in Brazil to test whether the unitary model of household allocations is suitable in the child ...
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(Vanderbilt University, 2005)In the literature of psychology and economics it is frequently observed that individuals tend to conform in their behavior to the behavior of similar individuals. A fundamental question is whether the outcome of such ...
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(Vanderbilt University, 2008)We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose properties that one may ...
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(Vanderbilt University, 2000)Whether rationality of economic behavior increases with expected payoffs and decreases with the cognitive cost it takes to formulate an optimal strategy remains an open question. We explore these issues with field data, ...
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(Vanderbilt University, 2002)This paper examines the effects of birth order on the child labor incidence and school attendance of Brazilian children. Evidence from the psychology and sociology literature suggests that earlier-born children tend to ...
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(Vanderbilt University, 2001)This paper establishes that the bootstrap provides asymptotic refinements for the generalized method of moments estimator of overidentified linear models when autocorrelation structures of moment functions are unknown. ...
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(Vanderbilt University, 2000)Empirical researchers commonly use instrumental variable (IV) assumptions to identify treatment effects. However, the credibility of these assumptions are often questionable. This paper considers what can be learned when ...
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(Vanderbilt University, 2000)This paper, prepared for the Journal of Economic Perspectives, provides an overview of the economic issues arising in business-to-business (B2B) online commerce. Just as the industrial revolution mechanized firms' manufacturing ...
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(Vanderbilt University, 2005)We examine the long-run effects of micro-credit on development in an occupational choice model very similar to Banerjee and Newman (JPE, 1993). Micro-credit is modeled as a pure improvement in the credit market that opens ...
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(Vanderbilt University, 2008)We investigate which of the students who entered economics Ph.D. programs in fall 2002 were more likely to earn a Ph.D. within five years, and which were more likely to have dropped out. Students enrolled in Top-15 ranked ...
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(Vanderbilt University, 2000)A voting procedure is candidate stable if no candidate would prefer to withdraw from an election when all of the other potential candidates enter. Dutta, Jackson, and Le Breton have recently established a number of theorems ...
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(Vanderbilt University, 2001)A desirable property of a voting procedure is that it be immune to the strategic withdrawal of a cadidate for election. Dutta, Jackson, and Le Breton (Econometrica,2001) have established a number of theorems which demonstrate ...
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(Vanderbilt University, 2010)We model the game between an informed seller (a lawyer) and an uninformed buyer (a potential client) over the choice of compensation for the lawyer to take a case to trial, when there is post-contracting investment by the ...
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(Vanderbilt University, 2005)Modeling club structures as bipartite networks, we formulate the problem of club formation as a game of network formation and identify those club networks that are stable if agents behave farsightedly in choosing their ...
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(Vanderbilt University, 2007)Firms communicate product quality attributes to consumers through a variety of channels, such as pricing, advertising, releases of research reports and test results, or warranties and returns policies. The conceptualization ...
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(Vanderbilt University, 2009)Comparative static properties of the solution to an optimal nonlinear income tax problem are provided for a model in which the government both designs a redistributive income tax schedule and provides a public input into ...
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(Vanderbilt University. Dept. of Economics, 2004-07)How does the need to signal quality through price affect equilibrium pricing and profits, when a firm faces a similarly-situated rival? In this paper, we provide a model of non-cooperative signaling by two firms that compete ...
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(Vanderbilt University, 2008)We show that, in competition between a developed country and a developing country over standards and taxes, the developing country may have a 'second mover advantage.' A key feature of standards is that, unlike public goods ...
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(Vanderbilt University, 2008)We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose three properties one may ...
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(Vanderbilt University, 2009)This paper considers the general problem of testing multiple inequality moment restrictions against an unrestricted alternative. We first introduce a test based on a maximum statistic and show how, via a partially recentered ...