Heterogeneous consumption in OLG model with horizontal innovations
In: Portuguese economic journal, Band 13, Heft 3, S. 167-193
ISSN: 1617-9838
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In: Portuguese economic journal, Band 13, Heft 3, S. 167-193
ISSN: 1617-9838
In: Dynamic Modeling and Econometrics in Economics and Finance 25
Chapter 1 Managing, Inducing, and Preventing Regime Shifts: A Review of the Literature -- Chapter 2 Institutional change, education and population growth: lessons from dynamic modelling -- Chapter 3 Poverty Traps and Disaster Insurance in a Bi-Level Decision Framework -- Chapter 4 Rationally risking addiction: a two-stage approach -- Chapter 5 Modelling social status and fertility decisions under differential mortality -- Chapter 6 Financing Climate Change Policies: A Multi-Phase Integrated Assessment Model for Mitigation and Adaption -- Chapter 7 On Scientific Innovations and Constraints: A Dynamic Analysis -- Chapter 8 On the structure and regularity of optimal solutions in a differential game with regime switching and spillovers -- Chapter 9 Optimal switching from competition to cooperation: a preliminary exploration -- Chapter 10 Delaying Product Introduction in a Duopoly: A Strategic Dynamic Analysis -- Chapter 11 On the Cournot-Ramsey model with non-linear demand functions -- Chapter 12 Optimal Taxation with Endogenous Population Growth and the Risk of Environmental Disaster -- Chapter 13 A Regime-Switching Model with Applications to Finance: Markovian and Non-Markovian Cases.
In: Dynamic Modeling and Econometrics in Economics and Finance Ser. v.25
In: Dynamic modeling and econometrics in economics and finance Volume 25
Intro -- Preface -- Contents -- Contributors -- 1 Managing, Inducing, and Preventing Regime Shifts: A Review of the Literature -- 1.1 Introduction -- 1.2 Regime Shifts, Thresholds, and Tipping Points -- 1.2.1 Regime Shifts -- 1.2.2 Thresholds and Tipping Points -- 1.3 Unknown Tipping Points: The Hazard Rate Function Approach -- 1.3.1 The Ambiguous Effect of Anticipation of Regime Shifts -- 1.3.2 Knightian Uncertainty: Decision-Making Under Ambiguity About Tipping Points -- 1.4 Preventing Regime Shifts: The Role of Repression, Redistribution, and Education in a Two-Class Economy -- 1.5 Dynamic Games Involving Natural Resources with Threat of Regime Shifts and Thresholds -- 1.5.1 Extraction of an Exhaustible Resource Under Threat of Regime Shift -- 1.5.2 Dynamic Games Involving Natural Resources with Thresholds and Non-linear Dynamics -- 1.6 Dynamic Games Involving Potential Regime Shifts and Skiba Point: R& -- D Races and Sabotage to Prevent Entry -- 1.7 Dynamic Games of Inducing Regime Shifts by a Big Push -- 1.8 Directions for Future Research -- References -- 2 Institutional Change, Education, and Population Growth: Lessons from Dynamic Modelling -- 2.1 Introduction -- 2.2 Models and Implications -- 2.2.1 No Population Growth -- 2.2.2 Population Growth -- 2.2.3 Optimal Timing of Abdication -- 2.2.4 Penalizing Larger Population -- 2.3 Adding a Second Stage: Going Abroad -- 2.4 Concluding Remarks -- References -- 3 Poverty Traps and Disaster Insurance in a Bi-level Decision Framework -- 3.1 Introduction -- 3.2 The Deterministic Dynamic Model -- 3.2.1 The Deterministic Model -- 3.3 Stochastic Shocks and Insurance -- 3.3.1 Catastrophic Events, Insurance and the Modified Deterministic Dynamics -- 3.3.2 The Remaining Capital and Its Transition Distribution -- 3.3.3 Transition Densities -- 3.4 Aiming at the Trapping Probability.
In: Journal of economic dynamics & control, Band 27, Heft 4, S. 701-716
ISSN: 0165-1889