School of Economics: Recent submissions
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INERTIAL BEHAVIOR ON SCHEDULE AND HIERARCHICAL DECOMPOSITION
Published 1988-07-01This paper compares inertial behavior on schedule and hierarchically decomposed behavior, and establishes some conditions under which the latter is superior to the former. Inertial behavior relates to an agent who, facing ...Open AccessWorking Paper -
SPATIALLY-DIFFERENTIATED TRUCKING MARKETS: EQUILIBRIA UNDER PRICE REGULATION WITHOUT ENTRY RESTRICTIONS
Published 1988-04-01Trucks provide transport between a pair of cities, with the demand for transport from A to B being more intensive than for the reverse (back-haul) direction . The trucking industry comprises individual owner-drivers, and ...Open AccessWorking Paper -
On-Campus Housing: Theory vs. Experiment
Published 2008-01-01Many universities in the US offer on-campus housing opportunities to incoming as well as already enrolled students. Recent research has theoretically as well as experimentally shown that the most common student assignment ...Open AccessWorking Paper -
Matching Markets with Mixed Ownership: The Case for A Real-life Assignment Mechanism
Published 2010-09-01We consider a common indivisible good allocation problem in which agents have both social and private endowments. Popular applications include student assignment to on-campus housing, kidney exchange, and particular school ...Open AccessWorking Paper -
Demand-Led Growth Theory: An Historical Approach
Published 2011-02-01This paper develops upon the Keynesian theory of demand-led growth in order to provide an analytical framework conducive to explaining economic growth and development in concrete terms consistent with the fundamental idea ...Open AccessWorking Paper