T contribution of forestry sector in Nepal’s economy is significant. As 39.06% of the country’s area is forests, this sector has diverse economic potential. This sector can contribute towards achieving the Millennium Development Goals in Nepal (Kanel, 2004). The country lies within tropical to alpine climates and hosts a wide diversity of plant and animal species. For instance, Nepal has docume...

• Significant correlations between age group and performance for FRs (r=0.55, p<0.001) and PDDs (r=0.56, p<0.001). 2. Truth-Value Judgment Task Methods •Participants: 4yo (18), 5yo (17), 6yo (19), 7yo (11). •Participants were told: “Cookie Monster really likes cookies, but he does NOT like onions.” They were shown pictures of (i) plates of cookies, (ii) onions, or (iii) both cookies and onions....

Natural resources have driven both growth and conflict in modern Africa. We model the interaction of parties engaged in potential conflict over such resources. The likelihood of conflict depends on both the absolute and relative resource endowments of the parties. Resources fuel conflict by raising the gains from appropriation and by increasing fighting strength. Economic prosperity, as a resul...

Opportunity cost is a central concept in decision making. It is difficult to measure because it is the value associated with opportunities foregone. In this paper, we characterize three timebased dimensions of resources to help understand and estimate opportunity costs. These dimensions capture the intrinsic lumpiness of resources with respect to their acquisition (acquisition granularity), the...

The most common metric for assessing the adequacy of economic preparation for retirement is the income replacement rate, the ratio of income after retirement to income before retirement. However both economic theory and common sense say that someone is adequately prepared if she is able to maintain her level of economic well-being, which is not the same as maintaining her level of income or som...

This paper proposes a dynamic economic model with physical capital and renewable resources. Different from most of the neoclassical growth models with renewable resources which are based on microeconomic foundation and neglect physical capital accumulation, this study proposes a growth model with dynamics of renewable resources and physical capital accumulation. The model is a synthesis of the ...

Under what conditions do spouses have more “voice” or bargaining power to get what they want from their marriages? The objective of this research project is to explore how spouses’ economic resources affect marital bargains and outcomes. The main hypothesis is that spouses with more resources are able to strike bargains about marital roles that they perceive to be more fair and that lead to mor...

Socio-economic maps contain important information regarding the population of a country. Computing these maps is critical given that policy makers often times make important decisions based upon such information. However, the compilation of socio-economic maps requires extensive resources and becomes highly expensive. On the other hand, the ubiquitous presence of cell phones, is generating larg...

Historical data, theory and computer simulations support a connection between growth and economic inequality. Our present world with large regional differences in economic activity is a result of fast economic growth during the last two centuries. Because of limits to growth we might expect a future world to develop differently with far less growth. The question that we here address is: “Would ...

This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant portion of these gains in less de...