We study the effect of scarcity on decision making by low income Swedes. exploit random assignment welfare payments to their borrowing decisions within pawn and mainstream credit market. document that higher educated borrowers borrow less frequently choose lower loan value ratios when budget constraints are exogenously tighter. In contrast, low-educated do not respond temporary elevated levels ...

Climate change and the increasing demand of water intensify global cycle, altering distribution in space time. This is expected to result wet areas getting wetter dry drier. As key life, scarcity likely provoke conflict. Using grid-cell data for Africa central America over years 2002 2017, we provide empirical evidence a link between likelihood local conflict mass declines. We measure anomalies...

A global water scarcity assessment for the 21st century was conducted under the latest socio-economic scenario for global change studies, namely Shared Socioeconomic Pathways (SSPs). SSPs depict five global situations with substantially different socio-economic conditions. In the accompanying paper, a water use scenario compatible with the SSPs was developed. This scenario considers not only qu...

The virtual economy operates like the one in the physical world, which is realized by players with two functions–demand and supply, only using the form as avatars. Only that in virtual worlds, the prices of virtual items is decided by the players instead of by its quality or scarcity, so the player behavior analyses became an important tool to monitor the persistent virtual worlds. In order to ...

We are constantly confronted with environmental changes across the world ranging from extreme weather to a scarcity of water for nearly 2 billion people, nearly 40% of the world's population. Such phenomena and reality has created a movement across the globe to identify the causes of global warming and develop solutions to end it before it is too late. In a effort to address the growing evidenc...

This paper tests for market integration in 55 wholesale rice markets in India using monthly data over the period January 1970 – December 1999. The technique of Gonzalez-Rivera and Helfand (2001) is used to identify common factors across various markets. It is discovered that market integration is far from complete in India and a major reason for this is the excessive interference in rice market...

The scarcity of non-renewable resources today is a more and more crucial issue for many branches of industry. To counteract these problems, extensive, timely and up-to-date information on non-renewable resources' supply and demand is essential. Nevertheless, this information today is distributed, heterogeneous and only available in an informal or semi-formal structure. Thus, companies often do ...