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Accounting for protected areas: Approaches and applications (2023)
Journal Article
King, S., Ginsburg, A., Driver, A., Belle, E., Campos, P., Caparrós, A., …Brown, C. (2023). Accounting for protected areas: Approaches and applications. Ecosystem Services, 63, Article 101544. https://doi.org/10.1016/j.ecoser.2023.101544

The System of Environmental-Economic Accounts Ecosystem Accounting (SEEA EA) provides a statistical framework for measuring ecosystems and the services they supply, complementing the System of National Accounts (SNA). Although accounting for protecte... Read More about Accounting for protected areas: Approaches and applications.

Proportional resource allocation in dynamic n-player Blotto games (2023)
Journal Article
Anbarci, N., Cingiz, K., & Ismail, M. S. (2023). Proportional resource allocation in dynamic n-player Blotto games. Mathematical Social Sciences, 125, 94-100. https://doi.org/10.1016/j.mathsocsci.2023.07.002

In this note, we introduce a general model of dynamic
n-player multi-battle Blotto contests in which asymmetric resources and non-homogeneous battlefield prizes are possible. Each player’s probability of winning the prize in a battlefield is govern... Read More about Proportional resource allocation in dynamic n-player Blotto games.

Evaluating Fiscal Policy Reforms using the Fiscal Frontier (2023)
Preprint / Working Paper
Chen, X., Leith, C., & Ricci, M. (2023). Evaluating Fiscal Policy Reforms using the Fiscal Frontier

We develop a Fiscal Frontier which traces out the maximum government debt level that can be sustained at a given welfare cost.
Through duality, the intertemporal policy mix underpinning the Frontier mirrors standard Ramsey policy and defines an uppe... Read More about Evaluating Fiscal Policy Reforms using the Fiscal Frontier.

On the generalizability of using mobile devices to conduct economic experiments (2023)
Journal Article
Guo, Y., Shachat, J., Walker, M. J., & Wei, L. (2023). On the generalizability of using mobile devices to conduct economic experiments. Journal of Behavioral and Experimental Economics, 106, Article 102057. https://doi.org/10.1016/j.socec.2023.102057

Mobile devices enable experimental economists to collect decision-making data from more heterogeneous samples, thereby increasing the generalizability of their results. This generalizability may be compromised if the device is a relevant behavioural... Read More about On the generalizability of using mobile devices to conduct economic experiments.

Evolutionary Dynamics in Heterogeneous Oligopolies for the Exploitation of Renewable Natural Resources (2023)
Journal Article
Bischi, G. I., & Sbragia, L. (2023). Evolutionary Dynamics in Heterogeneous Oligopolies for the Exploitation of Renewable Natural Resources. Rivista internazionale di scienze sociali, 2023(1), 35-64. https://doi.org/10.26350/000518_000109

In this paper we provide an overview of some dynamic oligopoly models proposed in the literature to describe the exploitation of a common pool renewable natural resource (e.g. fisheries) when agents can switch between different harvesting strategies.... Read More about Evolutionary Dynamics in Heterogeneous Oligopolies for the Exploitation of Renewable Natural Resources.

Self-image and the Stability of International Environmental Agreements (2023)
Journal Article
Breton, M., & Sbragia, L. (2023). Self-image and the Stability of International Environmental Agreements. Ecological Economics, 211, Article 107869. https://doi.org/10.1016/j.ecolecon.2023.107869

In this paper we examine the stability of international environmental agreements about a (common) emissions target. By signing the agreement, the parties develop a sense of responsibility to the commitment made, gaining a self-image that contributes... Read More about Self-image and the Stability of International Environmental Agreements.

Performance and the Conjunction of Better Management Practices and Non-Union Workplace Representation (2023)
Journal Article
Addison, J. T., Teixeira, P., & Bellmann, L. (online). Performance and the Conjunction of Better Management Practices and Non-Union Workplace Representation. Journal of Labor Research, 44, 1-43. https://doi.org/10.1007/s12122-023-09343-8

Using data from the European Company Survey for a cluster of nations possessing a common system of workplace representation, we consider two factors deemed important correlates of firm performance, namely the deployment of structured management pract... Read More about Performance and the Conjunction of Better Management Practices and Non-Union Workplace Representation.

The Armenians of Aintab: The Economics of Genocide in an Ottoman Province. By Ümit Kurt. Cambridge, MA: Harvard University Press, 2021. 400 pp. Photographs, maps, tables. Hardcover, $46.00. ISBN: 978-0-674-24794-9. (2023)
Journal Article
Arbatlı, C. E. (2023). The Armenians of Aintab: The Economics of Genocide in an Ottoman Province. By Ümit Kurt. Cambridge, MA: Harvard University Press, 2021. 400 pp. Photographs, maps, tables. Hardcover, $46.00. ISBN: 978-0-674-24794-9. Business History Review, 97(1), 177-180. https://doi.org/10.1017/s000768052300020x

Public investment as downward benefit distribution: Theory and evidence from China’s public–private partnership programs (2023)
Journal Article
Li, D. Z., Li, Z., & Zhang, Q. (2023). Public investment as downward benefit distribution: Theory and evidence from China’s public–private partnership programs. Journal of Economic Behavior and Organization, 211, 103-128. https://doi.org/10.1016/j.jebo.2023.03.025

Although previous studies have documented the political cycle of public investment in various countries, we still know little about its distributional consequences. We address this question by analyzing an emerging form of public infrastructure inves... Read More about Public investment as downward benefit distribution: Theory and evidence from China’s public–private partnership programs.

Hydrogen supply chain and refuelling network design: assessment of alternative scenarios for the long-haul road freight in the UK (2023)
Journal Article
Raeesi, R., Searle, C., Balta-Ozkan, N., Marsiliani, L., Tian, M., & Greening, P. (2024). Hydrogen supply chain and refuelling network design: assessment of alternative scenarios for the long-haul road freight in the UK. International Journal of Hydrogen Energy, 52(Part B), 667-687. https://doi.org/10.1016/j.ijhydene.2023.03.474

Shifting from fossil fuels to clean alternative fuel options such as hydrogen is an essential step in decarbonising the road freight transport sector and facilitating an efficient transition towards zero-emissions goods distribution of the future. De... Read More about Hydrogen supply chain and refuelling network design: assessment of alternative scenarios for the long-haul road freight in the UK.

Impact of COVID-19 on research in Durham University Business School (2023)
Journal Article
Harris, R. (2023). Impact of COVID-19 on research in Durham University Business School. SAGE Open, 13(2), https://doi.org/10.1177/21582440231181314

Statistically robust evidence that the pandemic (C19) has had an adverse impact on academic research carried out in Universities is limited. The new results presented are based on a survey of Business School academics who were entered into the Resear... Read More about Impact of COVID-19 on research in Durham University Business School.

“No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment (2023)
Journal Article
Leppert, D. (2023). “No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment. Environmental Economics and Policy Studies, https://doi.org/10.1007/s10018-023-00367-z

The clean air interstate rule (CAIR) was a regional cap-and-trade program announced in 2005 which covered 27 eastern US states and sought to reduce sulfur dioxide emissions from coal-fired power plants. The rule was later vacated after a court found... Read More about “No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment.

Rice Farming and the Origins of Cooperative Behaviour (2023)
Journal Article
Zhou, X., Alysandratos, T., & Naef, M. (2023). Rice Farming and the Origins of Cooperative Behaviour. The Economic Journal, 133(654), 2504-2532. https://doi.org/10.1093/ej/uead030

This paper provides novel evidence for links between historic farming practices and current norms of cooperative behaviour. We hypothesise that the cooperation required in wetland rice farming gives rise to strong cultural norms of cooperativeness. W... Read More about Rice Farming and the Origins of Cooperative Behaviour.

Optimal menu when agents make mistakes (2023)
Journal Article
Mikhalishchev, S. (2023). Optimal menu when agents make mistakes. Research in Economics, 77(1), 25-33. https://doi.org/10.1016/j.rie.2022.12.001

This paper studies how an optimal menu chosen by a social planner depends on whether agents receive imperfect signals about their true tastes (imperfect self-knowledge) or the properties of available alternatives (imperfect information). Under imperf... Read More about Optimal menu when agents make mistakes.

Portfolio Selection under Systemic Risk (2023)
Journal Article
Lin, W., Olmo, J., & Taamouti, A. (2023). Portfolio Selection under Systemic Risk. Journal of Money, Credit and Banking, https://doi.org/10.1111/jmcb.13038

This paper proposes a modified Sharpe ratio to construct optimal portfolios under systemic events. The portfolio allocation problem is solved analytically under the absence of short-selling restrictions and numerically when short-selling restrictions... Read More about Portfolio Selection under Systemic Risk.