Demographic characteristics, family financial strain, neighborhood-level economic disadvantage, and state of residence were tested as predictors of observed warmth, hostility, and self-reported marital quality. Participants were 202 married African American couples who resided in a range of neighborhood contexts. Neighborhood-level economic disadvantage predicted lower warmth during marital int...

In recent years, engineers have been increasingly called upon to have basic skills in economic modeling and game theory at their disposal for two related reasons. First, the economics of networks has a significant effect on the adoption and creation of network innovations, and second, and perhaps more importantly, engineered networks serve as the platform for many of our basic economic interact...

This paper demonstrates that the economic surplus which agents produce in bilateral interactions is extractable by an outside party having sufficient initial resources. The third party achieves this outcome using a class of ‘‘exclusive-interaction’’ contracts. A basic extractability result is shown to be robust to several extensions: competition among outside parties, multiplicity of interactin...

abstract one of the main concerns in educational settings has been the degree of the learners’ involvement in learning and the extent to which they actively participate in classroom talks and interactions. the present study is an emic-based ethnographic study aimed at providing insights about patterns of talk and different degrees of interaction in efl university classes with a specific focus o...

We develop a general equilibrium framework to analyze the relationship between the operation of the financial system, inflation and economic growth. We first investigate the dynamic interactions between financial development and growth by analyzing how financial innovations affect real growth, and, in turn, growth affects the financial system. We then study how inflation affects financial deepe...

This paper addresses the implications of the well-known ceteris paribus postulate for spatial–economic equilibrium analysis under conditions of complex (non-linear dynamic) interactions in open systems. Under ever changing (e.g., evolutionary) conditions, there is a need for adjusting the standard tools in spatial– economic analysis, with more emphasis on evolutionary algorithms and computer si...

I shall base my comments on my experience as major economic adviser in the design of South Korea’s Second Five Year Plan, which changed its policy orientation radically.. In interpreting Korea’s strategy, I shall also draw upon my comparative and historical statistical studies ( with Professor Cynthia Taft Morris) on how interactions among economic, social and political institutions change syst...

The paper extends existing work on inequality and economic development by estimating a cross-country structural model that identifies bi-directional relationships between income inequality and other indicators of social and economic development. Overall, lower inequality is associated with improvements in other development indicators, but this is the result of several complex interactions. The ...

Background: Customs in the world of business today is one of the most important pillars that regulates trade relations between individuals and legal entities, private, public and international law. Among the actors in this field, in addition to national and transnational governments and companies, there is a new phenomenon called the market. The market plays an important role in considering val...

This paper considers how identity, a person’s sense of self, affects economic outcomes. We incorporate the psychology and sociology of identity into an economic model of behavior. In the utility function we propose, identity is associated with different social categories and how people in these categories should behave. We then construct a simple game-theoretic model showing how identity can af...