The food import policies of the Joko-JK and Joko-Ma'ruf governments are often questioned criticized by various groups. For at least three reasons. First, since 2014 Presidential Election campaign, pair declared “war” on imports. There promises that repeated –until when they elected– not to such as rice, meat, salt, sugar, others. Second, domestic potential can actually be optimized meet needs. ...

Abstract COVID-19 unemployed millions of Americans, many whom already lacked the financial ability to withstand an economic crisis. Mid-quarantine, politicians began grapple on what protections for renters would stay in place as assistance bills came end. The rent crisis raised significant moral questions American populace – namely, that State’s responsibility care its citizens. This article ex...

This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions are important determinants of adverse development outcomes. The role of decentralization, democracy a...

We consider an auction setting where the buyers are risk averse with correlated private valuations (CARA preferences, binary types), and characterize the optimal mechanism for a risk neutral seller. We show that the optimal auction extracts all buyer surplus whenever the correlation is sufficiently strong (greater than 1/3 in absolute value), no matter how risk averse the buyers are. In contras...

We analyze a model of monopolistic price discrimination where only some consumers are originally sufficiently informed about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more consumers become informed, we show that this benefits also those consumers who remain uninformed, as it reduces the firm’s incentives to extract informatio...

This a conceptual paper concerning the relation between innovativeness and monopoly rent/abnormal earnings. It discusses how these concepts can be measured and proposes that abnormal earnings are the result differentiation, by innovativeness (monopoly rent) or branding, by underor overvalued assets, or by imperfect market information (value irrelevance). Specifically, innovativeness as a driver...

This Briefing Paper describes the spatial pattern of housing association rents across England in the first year of the rent-restructuring regime. It examines the extent to which housing associations' current average rents for given property sizes differ within each local authority area; whether there is a geographical pattern in these differences across the country; whether rents within each pr...

Title: Domicology: Human Structural Abandonment Author: Hafsa Khan Abstract: Many Midwestern cities have suffered decline, resulting in widespread residential, commercial, and industrial property abandonment. In Muskegon County, 3,312 housing units are either unoccupied, not for sale, not for rent, or are not in seasonal or occasional use. The current system of private property ownership encour...