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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…
Leonardo Becchetti, Nazaria Solferino, M. Elisabetta Tessitore
Many recent theoretical and empirical findings both in Economics and in Psychology show that, in addition to the effects on policy outcomes, political participation may affect individual utility and increase happiness and well-being. In this paper we devise a…
Yusuke Hirota
In this paper, we rigorously reinvestigate the effects of childhood mortality decline during different periods on human capital accumulation and economic development. For this purpose, we extend the basic framework of Azarnert (2006) by dividing childhood amo…
Charlene M. L. Roach
This paper critically examines the application of principal agent theory to contractual hiring arrangements of employees in public sector organizations as a contemporary alternative recruitment strategy. Globally, developed and developing nations within the p…
Balbir S. Sihag
The main objectives of this paper are of two kinds: first one may be described as historical in the sense of correcting more than two thousand years of misinterpretations of the ideas of Confucius and Kautilya on establishing a moral order and the nature of i…
Alberto Benítez Sánchez
While the routine use of Leontief’s closed model is limited to the case in which the whole income of an economy goes to wages, this paper shows that the model also permits the representation of production programs corresponding to every level of income distri…
Yasunori Fujita
By making use of the optimal stopping theory, we construct a multi-stage stochastic Cournot model to examine the effect of increase in uncertainty and number of entrants on the amount and timing of strategic cost reduction investment. It is revealed that firm…
Amitrajeet A. Batabyal
In this note, we analyze hitherto unstudied aspects of winter transport provision via trucks with chains on tires. Specifically, we first construct a discrete-time Markov chain (DTMC) model of transport provision that focuses on the movements of a representat…
Jean-Paul Chavas, Kwansoo Kim
This paper proposes a decomposition of the cost of risk (as measured by a risk premium) across intervals/quantiles of the payoff distribution. The analysis is based on general smooth risk preferences. While this includes the expected utility model as a specia…
Francisco W. S. Lima
The Zaklan model has become an excellent mechanism to control the tax evasion fluctuations (TEF) in a people- or agent-based community. Initially, the equilibrium Ising model (IM) had been used as a dynamic of temporal evolution of the Zaklan model near the c…
Kavita Wadhwa, Sudhakara Reddy Syamala
The “inconclusive” existing literature on long-term horizon studies of mergers is the motivation of this paper to reexamine the post-merger performance and explore the reasons of unsatisfactory performance. We test efficiency theory of mergers by examining th…
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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.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
The editorial office screens the manuscript for scope, completeness, and formatting before assigning a handling editor.
At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
Declare all funding sources, conflicts of interest, and ethical approvals (including informed consent and animal-care statements where applicable).