Results 1 - 10
of
15
Prospect theory: An analysis of decisions under risk
- Econometrica
, 1979
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Cited by 1498 (9 self)
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MACROECONOMICS AND REALITY
- ECONOMETRICA
, 1980
"... Existing strategies for econometric analysis related to macroeconomics are subject to a number of serious objections, some recently formulated, some old. These objections are summarized in this paper, and it is argued that taken together they make it unlikely that macroeconomic models are in fact ov ..."
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Cited by 254 (0 self)
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Existing strategies for econometric analysis related to macroeconomics are subject to a number of serious objections, some recently formulated, some old. These objections are summarized in this paper, and it is argued that taken together they make it unlikely that macroeconomic models are in fact over identified, as the existing statistical theory usually assumes. The implications of this conclusion are explored, and an example of econometric work in a non-standard style, taking account of the objections to the standard style, is presented.
Optimal taxation of capital income in general equilibrium with infinite lives
- Econometrica
, 1986
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Cited by 123 (0 self)
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The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice
- Academy of Management Review
, 1996
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Cited by 33 (17 self)
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Distributive Politics and the Costs of Centralization
- REVIEW OF ECONOMIC STUDIES
, 2002
"... This paper studies the choice between centralization and decentralization of fiscal policy in a political economy setting. With centralization, regional delegates vote over agendas comprising sets of region-specific projects. The outcome is inefficient because the choice of projects is insufficientl ..."
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Cited by 4 (1 self)
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This paper studies the choice between centralization and decentralization of fiscal policy in a political economy setting. With centralization, regional delegates vote over agendas comprising sets of region-specific projects. The outcome is inefficient because the choice of projects is insufficiently sensitive to within-region benefits. The number of projects funded may be non-monotonic in the strength of project externalities. The efficiency gains from decentralization, and the performance of “constitutional rules” (such as majority voting) which may be used to choose between decentralization and centralization, are then discussed in this framework. Weaker externalities and more heterogeneity between regions need not increase the efficiency gain from decentralization.
Holding distribution channel relationships together: The role of transaction-specific assets and length of prior relationships
- Organization Science
, 1997
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Cited by 3 (0 self)
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Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at

