given a small subsidy to offset the convenience costs of buying fertilizer. The vouchers are said to serve as an effective commitment device for farmers who know that they may be impatient in the relevant period but underestimate the extent of their impatience.10This is an important example of...
The blood-soaked Saudi monarchy, the second-most important ally of US imperialism in the Middle East, provides the rank-and-file raw material for Al Qaeda, ISIS, or whatever you want to call it. These reactionary Islamic fanatics know they must bow to Israel, US imperialism’s most importan...
Three features of the new system are central. Most important, the intertwining of previously separate capital markets and money markets has produced a system with new dynamics as well as new vulnerabilities. The financial crisis revealed those vulnerabilities for all to see. The result was two year...
Rather than fighting over how a pie is divided, it’s important to make the pie larger. Then there will be much more to share. A second issue is in the question of what counts as a need. Clothing is a need, but what about the latest fashion? Food is a need, but what about the...
Understanding the economic position and receipt of government assistance among sexual minorities is important for several reasons. First, sexual minorities comprise a large and increasing share of the American population, and sexual minorities have gained much-needed recognition in public policy. Yet, the...
However, when analysis turns to marginal productivity theory and factor markets, a distinction IS important. In particular, marginal revenue product provides a direct link to factor demand. The formula for specifying and calculating marginal physical product from total physical product is given as: ...
Mother’s ability to speak the minority language is estimated to be somewhat more important than father’s (47 percentage points), which is consistent with mothers spending more time with their children than the father. Additional adults in the household that can speak the minority language ...
from Stanford, this spring unveiled“Economics 1152: Using Big Data to Solve Economic and Social Problems.”Taught with the help of lecturer Greg Bruich, the class garnered 375 students, including 363 undergrads, in its first term. That’s still behind the 461 in Ec 10 — but not by much...
This study examines the impact of large mixed-use developments on the financial performance of publicly listed real estate firms in Shanghai from 2009 to 2
What Is Organizational Behavior (OB), and Why Is It Important? By Carol M. Kopp May 03, 2024 Rational Choice Theory: What It Is in Economics, With Examples By Akhilesh Ganti Apr 01, 2024 Illusory Truth Effect: What It Is, Why It Happens, How to Avoid It ...