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1.
Oded Stark 《Journal of Evolutionary Economics》2004,14(1):37-42
We offer a game-theoretic proof of Hamiltons rule for the spread of altruism. For a simple case of siblings, we show that the rule can be derived as the outcome of a one-shot prisoners dilemma game between siblings.JEL Classification:
A13, C70, D64Correspondence to: Oded Stark, ZEF, University of Bonn, Walter-Flex-Strasse 3, 53113 Bonn, GermanyWe are indebted to an anonymous referee and to Uwe Cantner for helpful comments and suggestions. Partial financial support from the National Institute on Aging (grant RO1-AG13037) and from the Humboldt Foundation is gratefully acknowledged. 相似文献
2.
This study applies nonparametric methodologies to the study of corporate reputation. The study examines the reputation of the five leading Israeli banks in the aftermath of a major crisis in the industry, and compares it with the reputation of the five major insurance firms in the country across seven reputation attributes which are then correlated with “hard” measures, including corporate performance. While promotional investment was identified as the major reputation determinant in both industries, performance and size were found to be major codeterminants in the banks, while age and growth were the major co-determinants among the insurance firms. A negative relationship has been identified between performance and prestige. 相似文献
3.
Systems providing identical service to many population centers frequently face the issue of where to locate the next retail outlet, branch, store, etc. In such systems the demand for the facilities' service depends mainly on the distance between facilities and customers. It is assumed that there are already m facilities located on a network to respond to the demand at the nodes. The paper addresses the problems of finding a location on the network for the (m +1 )st facility corresponding to a given total expected demand and of determining which demand points will be served by which facility. Also the range of the total expected demand values that can be realized along each link in the m +1 facility system is determined. Examples and a discussion of the results are provided. 相似文献
4.
From Physical to Human Capital Accumulation: Inequality and the Process of Development 总被引:21,自引:0,他引:21
This paper develops a growth theory that captures the replacement of physical capital accumulation by human capital accumulation as a prime engine of growth along the process of development. It argues that the positive impact of inequality on the growth process was reversed in this process. In early stages of the Industrial Revolution, when physical capital accumulation was the prime source of growth, inequality stimulated development by channelling resources towards individuals with a higher propensity to save. As human capital emerged as a growth engine, equality alleviated adverse effects of credit constraints on human capital accumulation, stimulating the growth process. 相似文献
5.
Kang Byoung Uk Kim Jin-Mo Palmon Oded Zhong Zhaodong 《Review of Quantitative Finance and Accounting》2020,54(4):1247-1278
Review of Quantitative Finance and Accounting - We examine, for various educational characteristics of hedge fund managers, the performance profile of hedge fund portfolios along their... 相似文献
6.
Extending both the ‘harmful brain drain’ literature and the ‘beneficial brain gain’ literature, this paper analyzes both the negative and the positive impact of migration by skilled individuals in a unified framework. The paper extends the received literature on the ‘harmful brain drain’ by showing that in the short run, international migration can result in ‘educated unemployment’ and overeducation in developing countries, as well as a brain drain from these countries. A simulation suggests that the costs of ‘educated unemployment’ and overeducation can amount to significant losses for the individuals concerned, who may constitute a substantial proportion of the educated individuals. Adopting a dynamic framework, it is then shown that due to the positive externality effect of the prevailing, economy‐wide endowment of human capital on the formation of human capital, a relaxation in migration policy in both the current period and the preceding period can facilitate ‘take‐off’ of a developing country in the current period. Thus, it is suggested that while the migration of some educated individuals may reduce the social welfare of those who stay behind in the short run, it improves it in the long run. 相似文献
7.
The recent reforms in the People's Republic of China have brought into focus the system of compensation in Chinese enterprises. This paper examines the evolution of compensation schemes in China, with a special emphasis on the reforms of recent years, the obstacles they face, and the prospects for the future. 相似文献
8.
LOOKING AT THE “POPULATION PROBLEM” THROUGH THE PRISM OF HETEROGENEITY: WELFARE AND POLICY ANALYSES*
Upon introducing heterogeneity and dynamics into a model of the demand for children, a problem of optimal population is defined and analyzed. It is shown that from the perspective of social welfare, better‐educated individuals produce too few children while less‐educated individuals produce too many children and all individuals invest too little in the education of their children. The impact of several policy tools geared at addressing the “population problem” is investigated, in particular how child allowances and other tax‐subsidy policies can be harnessed to enhance welfare, and how and why early childhood education programs can mitigate the “population problem.” 相似文献
9.
Oded Stark 《Pacific Economic Review》2002,7(1):115-121
Although the economic performance of migrants in the receiving country undoubtedly depends on qualifications, it is also affected by inclinations. Given the probability of return migration, a behavioural link is established between the incentive of migrants to save in their country of destination and the prevailing wage rate in their home country. It is shown that migrants coming from a low‐wage country optimally save more than migrants from a high‐wage country. Policy and research implications suggested by this savings behaviour are alluded to. 相似文献
10.
Gadi Fibich Arieh Gavious Oded Lowengart 《Journal of the Academy of Marketing Science》2005,33(1):66-78
The authors derive an expression for the price elasticity of demand in the presence of reference price effects that includes
a component resulting from the presence of gains and losses in consumer evaluations. The effect of reference price is most
noticeable immediately after a price change, before consumers have had time to adjust their reference price. As a result,
immediate-term price elasticity is higher than long-term elasticity, which describes the response of demand long after a price
change, when reference price effects are negligible. Furthermore, because of the differential effect of gains and losses,
immediate-term price elasticity for price increases and price decreases is not equal. The authors provide a quantitative definition
for the terms immediate term and long term, using the average interpurchase time and the discrete “memory” parameter. Practical
consequences of the distinction between immediate- and long-term elasticities for the estimation and use of elasticity values
are discussed.
Gadi Fibich (fibich@math.tau.ac.il) is an associate professor in the Department of Applied Mathematics at Tel Aviv University. This research
grew out of his interest in applications of mathematical modeling to economics and management science. He is currently working
on auction theory.
Arieh Gavious (ariehg@bgumail.bgu.ac.il) is a senior lecturer in the Department of Industrial Engineering at Ben Gurion University, Israel.
His interest is in application of game theory to economics and management science problems. His current interest is in auction
theory.
Oded Lowengart (odedl@bgumail.bgu.ac.il) is a senior lecturer in the Department of Business Administration at Ben Gurion University, Israel.
His research interests are in the areas of modeling pricing effects on consumer behavior at both aggregate and disaggregate
levels, product positioning, and market share forecasting and diagnostics. 相似文献