The Economics Of Partner Out Trading in Sexual Markets

This paper derives a model of participation in what is commonly known as ‘adultery’. Arguably the best sex survey in the world is used to produce estimates of participation functions. The results show a great deal of support for bioeconomic models and reveal some interesting similarities and differences between the male and female equations. This revised version was published online in July 2006 with corrections to the Cover Date.     

Structural Decomposition Analysis of Physical Flows in the Economy

Many environmental problems can be attributedto the extraction and emissions of physicalsubstances. Increasing our understanding of theeconomic and technological driving forcesbehind these physical flows can contribute tosolving the environmental problems related tothem. The input-output framework is a usefulsetting in which to integrate detailedinformation about economic structure andphysical flows. In this article a specificmethod in input-output analysis is reviewed,namely Structural Decomposition Analysis (SDA).It is based on comparative static analysis,which decomposes historical changes of a policyvariable into determinant effects. SDA has beenapplied, for example, to analyze the demand andtechnological driving forces of energy use,CO₂-emissions and various other pollutantsand resources. This article examines thetheoretical aspects of structuraldecomposition, in particular those concerningphysical flows and environmental issues.Furthermore, the article includes an extensivesurvey of empirical studies.     

经济学中的行为研究

经济学的行为研究总的来说遵循由隐含的、先验的幕后假设逐步走向台前的路径.以对主流经济学的经济人行为假设的修正为起点,行为研究的枝蔓逐渐扩散开来,并在行为经济学、实验经济学和制度经济学等分支中扎根,从多角度认识经济行为的细微末节,将经济学研究推向更为微观的领域,逐步实现向有限理性的真实经济活动面貌回归.     

基于生态学思考的小城镇新区规划设计新理念

基于生态学的思考,小城镇新区规划设计应树立五个新理念:深化人本思想、突出文化内涵、注重景观设计、树立超前意识、发扬务实精神。新理念在实践过程中体现在:营造人性化的小城镇新区、塑造地方性的小城镇特色、打造园林式的小城镇景观、构造灵活性的小城镇格局、绘就实用性的小城镇蓝图。     

贴现因子、偏好和行为经济学

本文讨论了影响人们跨时选择的重要因素--贴现因子的最新进展以及他们在经济学和金融中的重要应用,给出了目前关于改变贴现因子的模型.     

中国金融控股公司发展模式的新制度经济学分析

随着区域经济一体化和金融全球化的加强,金融控股公司混业经营所带来的规模经济性日趋强化,从而成为金融业发展的一种重要组织形式,从本质上反映了各国金融业和政府制度面向新的前景而作出的相应战略性调整,初步展开了21世纪世界银行业的市场结构与竞争态势。这种态势为中国金融业的发展和中国金融控股公司模式的选择提出了外在的要求。同时,中国的金融业将在WTO的框架下融入全球金融市场,中国的金融业也要走向世界,在国际金融市场上成长壮大,这就要求中国金融业必须与国际惯例接轨。     

超越契约理论--演化论视角的企业理论研究

企业的契约理论围绕交易成本概念解释了企业的存在、边界和内部组织,但严重忽视了企业的技术和生产功能,演化经济学的企业理论通过研究企业内知识的产生、传播和利用过程,以及组织与个人的交互学习,不仅重新解释了企业的存在、边界和内部组织问题,还研究了契约理论未触及的企业异质性、竞争优势和企业家等问题.     

Cost Structures and Nash Play in Repeated Cournot Games

This paper reports an experiment designed to assess the effects of a rotation in the marginal cost curve on convergence in a repeated Cournot triopoly. Increasing the cost curve's slope both reduces the serially-undominated set to the Nash prediction, and increases the peakedness of earnings. We observe higher rates of Nash equilibrium play in the design with the steeper marginal cost schedule, but only when participants are also rematched after each decision. Examination of response patterns suggests that the treatment with a steeper marginal cost curve and with a re-matching of participants across periods induces the selection of Nash Consistent responses.     

Introduction to Repeated Games with Private Monitoring

We present a brief overview of recent developments in discounted repeated games with (imperfect) private monitoring. The literature explores the possibility of cooperation in a long-term relationship, where each agent receives imperfect private information about the opponents' actions. Although this class of games admits a wide range of applications such as collusion under secret price-cutting, exchange of goods with uncertain quality, and observation errors, it has fairly complex mathematical structure due to the lack of common information shared by players. This is in sharp contrast to the well-explored case of repeated games under public information (with the celebrated Folk Theorems), and until recently little had been known about the private monitoring case. However, rapid developments in the past few years have revealed the possibility of cooperation under private monitoring for some class of games. Journal of Economic Literature Classification Numbers: C72, C73, D43, D82, L13, L41.     

Provision Point Mechanisms and Field Validity Tests of Contingent Valuation

Past field validity tests of contingent valuation have relied on voluntary contribution mechanisms to elicit actual willingness to pay, and may overestimate hypothetical bias because of free riding in the actual contributions. This paper argues that provision point mechanisms are a preferred alternative for field validity tests of contingent valuation because they increase the proportion of demand revealed in cases in which public goods can be provided in a step function. The results of a contingent valuation validity study of participation in a green electricity pricing program that uses a provision point mechanism are reported, and hypothetical open-ended and dichotomous choice responses are compared to actual participation. Calibration of hypothetical responses is also explored.