منابع مشابه
Can Waste Improve Welfare?
In models with a capital spillover, the market outcome is not Pareto e cient since agents ignore the positive externalities caused by investment. One might conclude that taxes on investment or subsidies to consumption will reduce welfare. However in a model of endogenous growth, either a small tax on capital income, whose proceeds are wasted, increases growth and welfare or a small marginal sub...
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To-date, the dominant approach to improving farm animal welfare has consisted of a combination of voluntary improvements undertaken by farmers and the tightening of legal requirements. However, history suggests that there is a limit to the improvements capable of being secured by this approach. In this paper, it is argued that economic principles can and should have an important role when new, ...
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Background: Electromyographic (EMG) signals obtained from a contracted muscle contain valuable information on its activity and health status. Much of this information lies in motor unit potentials (MUPs) of its motor units (MUs), collected during the muscle contraction. Hence, accurate estimation of a MUP template for each MU is crucial. Objective: To investigate the possibility of improv...
متن کاملHow assessing relationships between emotions and cognition can improve farm animal welfare.
The assessment of farm animal welfare requires a good understanding of the animals' affective experiences, including their emotions. Emotions are transient reactions to short-term triggering events and can accumulate to cause longer-lasting affective states, which represent good or bad welfare. Cognition refers to the mechanisms by which animals acquire, process, store and act on information fr...
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We developed a game-theoretic approach concerning the option pricing validity and tractability of which is ascertained by deriving the Black-Scholes formula. We also applied this approach to the welfare implications of the bailout policy. It is found that such a policy always worsens the economic welfare. This is because of the moral hazardous behavior of the buyer owing to the limited liabilit...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2000
ISSN: 0047-2727
DOI: 10.1016/s0047-2727(99)00049-3