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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…
Mehdi Chowdhury
It is widely known that relationships and human behaviours such as trust, reciprocity and altruism that are observed in the human societies are capable of facilitating financial transactions. This paper proposes a theoretical model to argue that though these…
Hyeon Park
This paper introduces a parametric model of partially funded social security system and analyzes inter-generational distribution of consumption and welfare in an OLG general equilibrium. This paper specifically aims to examine the effects of transition toward…
Michael K. Wohlgenant
Neoclassical economics is shown to yield predictions consistent with empirical industrial organization models regarding market middlemen behavior. Diminishing marginal returns to use of variable factor inputs produces three important predictions: a) the price…
Gerald Aranoff
We present an elaborate numerical example of a competitive manufacturing industry in the United States facing demand fluctuations to illustrate cost of idle capacity in manufacturing. We show that given demand fluctuations, such as the business cycle, signifi…
André Vargas
The concept of Utility usually refers to the satisfaction a person acquires by consuming, in general under circumstances bonded to income, and the price of goods. In a psychological vision of personal well-being, happiness and its components, consider the fac…
Gerasimos T. Soldatos
Viewing local finances under the approach to private-public consumption complementarity, we conclude that foot voting and tax competition become extinct when the (capital) tax structure across jurisdictions is the one forging close ties between the burgher an…
Tao Gu
This paper develops a simple growth model that embeds distorted factor markets and government intervention that achieves high economic growth, low consumption, and high investment simultaneously. All of these phenomena are consistent with Chinese macroeconomi…
R. G. Chambers, R. Färe, S. Grosskopf
This short paper brings together two literatures: the first is the Lerner Index as a measure of imperfect competition familiar from industrial organization and the second is a measure of performance from the efficiency literature, namely the Nerlovian indicat…
Jianjiang Qian, Yong Zhao, Jianlin Yu
Prospect theory believes that value judgments of decision-makers are associated with reference point. Based on this intuition, this paper analyzes the impacts of reference point as well as its change on individual value with two risk selection experiments, wh…
Francisco Martínez-Sánchez
In this paper, we analyze the behavior of a multiproduct monopolist, a duopolist and consumers who are able to learn by copying. We show that the DRM systems implemented by the digital industry have adverse consequences, because they hinder the use of origina…
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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).