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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…
Vic Norris, Laura Norris, Wing-Keung Wong
A substantial proportion of the world’s population is dissatisfied with the way the global market-based economy operates. In particular, the desire of consumers to pay as little as possible for a product and the desire of producers and investors to make as mu…
Masayuki Otaki
By using an overlapping generations (OLG) model in the context of the production economy, this paper shows that public debt lowers the future generation’s well-being even in the situation of imperfect employment equilibrium. According to the dynamically exten…
Lihua Han
This paper analyzes a mixed oligopoly model with two countries each with public and private firms competing in a third country market. We formulate a third country model often used in the field of international trade, and show that there is excessive privatiz…
Yasumi Abe, Satoshi P. Watanabe
This paper provides a theoretical framework for explaining counterintuitive behaviors of a university choosing an unfavorable consequence in the long term while attempting to optimally allocate its resources in the short term. Our analysis demonstrates the pr…
Frederick Betz, 1 1
In disequilibrium pricing of financial markets, excesses in either public debt or private debt can trigger a financial crisis, with attendant bank panics and recessions. For example, in the Euro crisis beginning in 2010, financial contagion in the sovereign b…
Zaeema Islam, Asghar Ali, Irfan Ahmad Baig, Sajjad Ahmad Baig, Muhammad Hashim, Muhammad Zia-Ur-Rehman
The study investigated the relationship among fiscal deficit, public debt, inflation, international interest rates and the interest rate change in Pakistan using time series data for the period 1981-2011. Augmented Dickey Fuller Unit root test was used to che…
Samuel Raisanen
This paper examines the effect of allowing prioritization of traffic on a congestible network under three demand scenarios. First, it is shown that when prioritization does not affect usage, average congestion on the network increases. Second, this result is…
Ben David Nissim, Benzion Uri
Existing classical theory cannot explain consumer behavior of cutting consumption into smaller bundles instead of consuming everything in one bundle. We present a model that separates consumer behavior into two steps. At first, the consumer decides on the amo…
Yuhki Hosoya, Soh Kaneko
This study constructs a model of a monopoly where investors are also actors, and shows that, in contrast to traditional models, this model admits the welfare improvement caused by monopoly. This study also reveals that if a huge income gap exists in the initi…
Tomohiko Konno
We study goods (or service) with network effect. Social network services are examples. An existing service has an advantage over new one because of the network effect. We study the condition that new goods (or service) replace the existing one, and show that…
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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).