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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m…
Koji Abe
By making use of a geometry of preferences, Abe (2012) proves the Gul and Pesendorfer’s utility representation theorem about temptation without self-control. This companion paper provides a similar proof for the Gul and Pesendorfer's utility representation th…
Bharath Supra, Vunyale Narender, Nemiraja Jadiyappa, G. P. Girish
Speed of Adjustment (SOA) is a concept well studied in the area of capital structure. The concept is premised upon the fact that firms have a target capital structure for the next year and strive to achieve this target; the rate at which it attempts to achiev…
Jørgen Sandemose
I venture to describe the world market from the viewpoint of those different extant modes of production which deliver commodities in “foreign” trade. The world market is, then, understood strictly in its basic feature, as a market for material products, all c…
Ben David Nissim, Tavor Tchai, Winer Zvi
Most economists, who refer to utility as representing wellbeing, do so under the assumption that utility increases with consumption. In contrast, lately researchers have found evidence that individuals' wellbeing is by far a more complicated matter than to be…
Andreas Hefti
The idea of symmetric stability of symmetric equilibria is introduced which is relevant, e.g., for the comparative-statics of symmetric equilibria with symmetric shocks. I show that symmetric stability can be expressed in a two-player reduced-form version of…
Sarfaraz Ali Shah Syed, Hélène Syed Zwick
This study investigates the oil and stock prices nexus in the US economy over the period 1980-2016. Using breakpoint regression technique, our findings are twofold: 1) we confirm the existence of the nexus as established in the existing literature on the subj…
Ben David Nissim, Halperin Daphna, Kats Ruth, Lowenstein Ariela, Tur Sinai Aviad
This paper focused on estimating the participation rate of care giving to elders. We used a theoretical model frame that was in common use for analyzing activity in the labor market and adjusted it for analyzing the care giving rate in elders. Using data of t…
Juan Sesmero, Lilyan Fulginiti
This study derives conditions for existence of a positive sustainable consumption in an economy with an essential exhaustible resource. It does so by approximating technology with a variable elasticity of substitution production function, instead of the const…
Weiguang Gong, Jiaojiao Hu, Xiaobao Peng, Yang Li
It is one of directions of the reform about China’s national economic statistics system to incorporate the intellectual property products into the GDP statistics, and the capital of intellectual property products is the first work to be incorporated into the…
Mark Voorneveld, Jörgen W. Weibull
Starting from an intuitive and constructive approach for countable domains, and combining this with elementary measure theory, we obtain an upper semi-continuous utility function based on outer measure. Whenever preferences over an arbitrary domain can at all…
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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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