How is firm creation affected by imperfect information? Our model of rational inattention generates inefficient entry and labor misallocation, because startups make error-prone decisions. Learning decisions prospective entrepreneurs alter the effects lump-sum transfers to startups: total employment gain amplified due an unintended increase in entry, most entrants hire fewer workers, misallocati...

Authors consider the development of virgin and fallow lands in Kazakhstan 1950s–1960s which led to an unprecedented anthropogenic intrusion into environment. The huge concentration people northern steppe regions spread dangerous infectious diseases among diphtheria was particular concern health authorities republic. made attempt analyze issues this disease Tselinny district early 1960s history ...

Model checking of open pushdown systems (OPD) w.r.t. standard branching temporal logics (pushdown module checking or PMC) has been recently investigated in the literature, both in the context of environments with perfect and imperfect information about the system (in the last case, the environment has only a partial view of the system’s control states and stack content). For standard CTL, PMC w...