Incentives and Welfare Effect of Sharing Firm-Specific Information by Jim Y. Jin* This paper studies the incentives and the welfare effect of sharing firm-specific information in asymmetric Cournot and Bertrand oligopoly with mixed substitute and complement goods. Revealing firm-specific cost information is the dominant strategy in Cournot oligopoly, while concealing is so in Bertrand oligopoly...

New technology in knowledge discovery and data mining (KDD) make it possible to extract valuable information from operational data. Private businesses already use the technology for better management, planning, and marketing. Social welfare government agencies have a wealth of information about the experiences of families and individuals that are the most needy in our society in their administr...

In the last two decades, the European welfare states have been criticised for failing to address problems of unemployment and poverty. It is also claimed that Western welfare statism is too expensive, and that it has harmed economic development (Feldstein, 1974; Mishra, 1984, 1990; Pierson, 1995; Buti, Franco & Pench, 1999). In many industrial countries, government programmes have been trimmed ...

Expenditures for social welfare under public law amounted to $955.9 billion in fiscal year 1989. an increase of 7.9 percent over the previous year. The 1989 amount represented 18.6 percent of the national output of goods and services, as measured by the gross national product (GNP). Social insurance programs accounted for about one-half of all expenditures, followed in importance by the educati...

abstract- iran achieved its self-sufficiency goal in wheat production a few years ago, perhaps at the expense of decreasing the production of other grains specially barley as stated by critics in the country. considering the dependency of wheat and barley markets on each other, policy preference functions were estimated separately for each market. incorporating political weights, a game theory ...