A perfect foresight model of regional development and skill specialization

A perfect foresight model of regional development and skill specialization

This paper proposes a perfect foresight model of a two-region two-sector economy, where localized externalities in the acquisition of skills cause specialization and uneven regional development. The introduction of a new technology either reinforces or reverses this development pattern. Wealth differences are reinforced if, in spite of higher wages, the new technology locates in the advanced re...

Solving The Perfect Foresight CRRA Consumption Model

A Perfect Specialization Model for Gravity Equation in Bilateral Trade based on Production Structure

Although initially originated as a totally empirical relationship to explain the volume of trade between two partners, gravity equation has been the focus of several theoretic models that try to explain it. Specialization models are of great importance in providing a solid theoretic ground for gravity equation in bilateral trade. Some research papers try to improve specialization models by addi...

Coalitional Stability under Perfect Foresight

We analyze strategic social environments where coalitions can form through binding or nonbinding agreements and actions of a coalition may impose externalities upon the welfare of the rest of the players. We define a solution concept that (1) captures the perfect foresight of the players that has been overlooked in the literature (e.g., Harsanyi [10] and Chwe [6]) and (2) identifies the coaliti...

iranian efl learners’ pragmatic development: a study of proficiency and textbook effect

در تحقیق حاضراین پرسش که آیا دانش کاربرد شناسی زبان آموزان ایرانی همگام با پیشرفت بسندگی زبانی آنها افزایش می یابد مورد مطالعه قرار گرفته و هم چنین به این پرسش که آیا زبان آموزان تعلیم دیده از طریق کتاب های تاپ ناچ و اینترچینج تفاوت معناداری از لحاظ سطح دانش کاربرد شناسی دلرند ، پاسخ داده شده است. در این تحقیق55 فراگیر زبان انگلیسی به عنوان زبان دوم ازطریق نمونه گیری در دسترس مورد مطالعه قرار گ...