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...

Molecular structures of 4-(((4-methoxyphenyl)amino)methyl)-N,N-dimethylaniline and 2-methoxy-5-((phenylamino)methyl)phenol synthesized via Schiff bases reduction route are reported. The compounds consist asymmetric units C16H20N2O (1) C14H15NO2 (2) in orthorhombic monoclinic crystal systems, respectively. Compound 1 intermolecular C11—H11···N2 hydrogen bonding with C11···N21 = 3.463(4) Å. hydro...

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...

a r t i c l e i n f o JEL codes: C61 C71 C72 O13 O21 Keywords: Biofuel Supply chain Land use Spatial market equilibrium MPEC The rapid expansion of the biofuel industry diverts a large amount of agricultural crops as energy feedstocks, and in turn affects farm land allocation, feedstock market equilibrium, and agricultural economic development in local areas. In this paper, we propose game-theo...

Aim/purpose – Disasters or catastrophic events create unforeseen circumstances and require new approaches from local national administrations in addressing the nega- tive impacts on society economy. Determining role of e-government providing kind services that are especially needed has become particularly rele- vant during COVID-19. This paper aims to assess progress current state research afte...