The present paper thoroughly explores second-best efficient allocations in an adverse selection insurance economy. We start from a natural extension of the classical model, assuming less than perfect risk perceptions. We propose first and second welfare theorems, by means of which we describe efficiencyenhancing policies. Notions of weak and strong adverse selection are promising for interpreti...

Based on a more realistic description of the in-depth secondary electron generation than that of standard (constant loss) model, a new model for the e-induced secondary electron emission yield, d = f(E), is applied to account for the observed mean atomic number dependence of the reduced yield curves (RYC), d=dmax 1⁄4 f ðE0=E0maxÞ of a wide variety of inorganic insulators. It is next used to ext...

An identity links the rate of economic growth, the speed of poverty reduction and changes in the distribution of income during some time period in a given country. A few authors used that identity to understand the causes for observed changes in poverty and to identify the exact role of economic growth in poverty reduction. Yet, many empirical cross-country studies of the relationship between g...

This essay provides a perspective on the trend towards integrating psychology into economics. Some topics are discussed, and arguments are provided for why movement towards greater psychological realism in economics will improve mainstream economics. Working Paper No. E02-313 A Perspective on Psychology and Economics Matthew Rabin Department of Economics, University of California, Berkeley

Inclusive electron scattering from nuclei at large x and Q2 is the result of a reaction mechanism that includes both quasi–elastic scattering from nucleons and deep inelastic scattering from the quark consitituents of the nucleons. Data in this regime can be used to study a wide variety of topics, including the extraction of nuclear momentum distributions, the influence of final state interacti...