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1 - 10 van 83 voor optimal mechanism
auctioning incentive contracts application welfare work programs pdf
... -output auction approach the optimal outcome. section 5 contains simulations on the three simple auctions, the socially optimal mechanism, and the socially optimal mechanism under complete information. ... infinity, the constant-reward second-price auction is optimal for socially optimal mechanism what is the socially optimal mechanism, i.e., the mechanism that maximizes (2.1)? according to myerson ...
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dp214.indd
... optimal investment timing and pricing decisions. 5 inclusion of marginal costs is relatively straightforward, but complicates the sufficient conditions for the monotonicity that the optimal mechanism should satisfy. 5 3. optimal investment timing before analysing the optimal regulation of investment in the presence ...
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paper-flex-martin-2.pdf
... links between ep and productivity growth, and to labour mobility as the key transmission mechanism between the two. 5. indeed, the knowledge base for assessing the links between employment ... imposing implicit or explicit costs on the firms ability to adjust its workforce to optimal levels, employment protection may hinder efficient workforce adjustment, reducing job separations but also discouraging ...
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access regulation and adoption voip pdf
... voip. observations (ii)-(iii) can be explained as follows. the mechanism behind the effect p i a 0, i 1,2 ... may use a to implement the optimal split between the segments, which explains why the optimal access price need not be equal ... -117. ebrill, l. and s. slutsky, 1990, production efficiency and optimal pricing in intermediate-good regulated industries, international journal of industrial ...
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analyzing labour supply elderly people life cycle approach pdf
... global financial crisis - may result in a gap between actual and optimal financial wealth of individuals, inducing adjustment of their labour supply ... subject to a time and a budget constraint, resulting in optimal choices of leisure, labour supply and consumption. in addition, ... the more time you need to recover from work. this mechanism is captured in the (exogenous) variable dt, representing a ...
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Athena
... the model. the relations on the supply side are derived assuming optimal behaviour of firms. an important role is reserved for the cost ... the wage rate of a sector can be adjusted exogenously. a spreader mechanism guarantees the summing up of the sectoral wage bills to the macro ... adding ad hoc dynamics, in the form of an error-correction mechanism (kranendonk and verbruggen, 2002). c -c-1 c -1 0.55 ...
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analysis individual accounts unemployment risk netherlands pdf
... lessons for unemployment insurance the model also illustrates the determinants of the optimal benefit level of unemployment insurance. the optimal benefit level is higher when workers are more risk averse or ... . unemployment then merely shifts the purchase of durables backwards. they present evidence for this mechanism in the data of browning and crossley (2000). hence, the effect on expenditures may ...
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border tax adjustment and eu ets quantitative assessment pdf
... s te kwantificeren en te analyseren. steekwoorden klimaatbeleid; grensheffing; opbrengsten terugsluizen; clean development mechanism een uitgebreide nederlandse samenvatting is beschikbaar via www.cpb.nl. 5 contents preface ... risks of trade measures. barriers to trade are inefficient. trade restrictions skew the optimal allocation of the world's resources and the principle of comparative advantage. ...
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Microsoft Word - DP ECA voorblad.doc
... when the attempts to unify all member states have failed, that is, it is a mechanism of last resort. second, a minimum of eight members states should participate in the eca ... old receive the economic rents. household optimization yields expressions for labour supply, savings and the optimal asset portfolio. asset returns are determined on world markets and we do not explore residence ...
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Microsoft Word - discussion62.doc
... and flooding. if the dike has been well constructed, this failure mechanism should be decisive for the answer to the question under ... that overflow (exceedance) is by far the most likely failure mechanism. the consequence is that when the water level exceeds the design ... 3 deriving optimal safety standards for dike rings 3.1 model for the simple case of one dike ring, one failure mechanism overflow, ...
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