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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…
Benito V. Frosini
The author resumes a proposal by Frosini of a criterion of choice between probability prospects, which realizes a suggestion by Allais of taking account, beside the expected utility of the dispersion or variability of utilities. The suggested criterion is uni…
Asma Tariq, Mina Kharal, Muhammad Abrar, Alishba Ahkam, Muhammad Sarfraz Khan
Despite the growing debate on the stock price valuation, it has become a complex puzzle. Various theories, models and explanations have been provided to solve this confusing riddle. This study contributes to this debate by determining the relative importance…
Shota Araki, Daiji Kawaguchi
This note provides the closed-form solution for the model by Lazear [1] . The employer adjusts the performance standard for promotion when the employer observes only the imperfect index of the employee’s ability. The adjustment margin is larger when the perfo…
Tetsuya Nakajima
Industrial development in Japan is accompanied by massive migration from agricultural to industrial areas. In a modified Harrod-Domar model, this paper compares two steady states, the first and the second, which emerge before and after the termination of such…
İbrahim Doğan, Nadide Sevil Tülüce, Aydan Doğan
This study used a panel data set, which is including 15 OECD countries that have high income per capita for the time period of 1995-2011. Following causality and autoregressive distributed lag (ARDL), paper yields: 1) respectively the largest and the smallest…
Maria Teresa Bosch-Badia, Joan Montllor-Serrats, Maria Antonia Tarrazon-Rodon
This paper studies Corporate Social Responsibility (CSR) from the viewpoint of social risk as part of reputational risk. We adopt the conception of social risk that includes the risks originated by environmental and social sustainability. Any risk involves ha…
Kengo Nutahara, 1 1
Carlstrom and Fuerst [“Asset Prices, Nominal Rigidities, and Monetary Policy,” Review of Economic Dynamics, Vol. 10, 2007, pp. 256-275] find that a positive monetary policy response to share prices is a source of equilibrium indeterminacy. In this note, we in…
Jing Gao, Wei Wang
We consider LM tests for spatial correlations in the spatial error model (SEM) and spatial autoregressive model (SAM) with randomly missing data in the dependent variable. We derive the formulas of the LM test statistics and provide finite sample performance…
Rimvydas Baltaduonis, Lucas Rentschler
This note contains the equilibrium bid functions for two types of common-value procurement auctions: 1) a procurement auction in which bids represent an enforceable contract; 2) a procurement auction in which, upon learning the true cost of supplying the good…
Sergey А. Surkov
It was proposed to use the sum of production functions of different lifestyles, to describe the changes in the Russian economy. Values of indicators of a power function of Cobb-Douglas were received from approximate formulas on the basis of data from various…
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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).