When can we do better than autarky?

When can we do better than autarky?

This paper provides a necessary and sufficient condition for the existence of nonautarkic contract in a risk sharing model with two-sided lack of commitment. Verifying the condition takes just one Gaussian elimination of a matrix. Published by Elsevier B.V.

Munich Personal RePEc Archive When can we do better than autarky ?

This paper provides a necessary and sufficient condition for the existence of nonautarkic contract in a risk sharing model with two-sided lack of commitment. Verifying the condition takes just one Guassian elimination of a matrix.

Can we do better than dobutamine?

Automated Link Generation: Can we do Better than Term Repetition?

Most current automatic hypertext generation systems rely on term repetition to calculate the relatedness of two documents. There are well-recognized problems with such approaches, most notably, they are vulnerable to the linguistic effects of synonymy (many words for the same concept) and polysemy (many concepts for the same word). I propose a novel method for automatic hypertext generation tha...

Limits to vision: can we do better than nature?

Non-invasive wavefront sensing of the human eye provides the necessary information to design corrections which minimize the monochromatic optical errors of the eye beyond simple sphere (defocus) and cylinder (astigmatism). These "ideal" corrections must move with the eye, maintaining proper alignment with the eye's optics. Viable modes of correction include contact lenses, refractive surgery an...