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Call for papersThe 2026 special issue on Climate & Health is open for submissions.Learn more
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…
Kirk A. Collins
This paper studies the interplay of capital resources in a small open economy by way of a general equilibrium political economy model. Normative implications for human capital migration resulting from physical capital lobbying are analyzed. Findings reveal th…
Wataru Johdo
This paper studies the welfare effects of a consumption tax rise based on the two-sector small open economy model of Obstfeld and Rogoff (1995) and Lane (1997). The main findings of our analysis are that 1 ) in the case of free trade, the consumption tax rise…
Damien Gaumont, Daniel Leonard
We consider a simple overlapping generations model with an externality à la Arrow-Romer [1 , 2] and a government with fiscal powers. If it wishes to maximize a criterion depending on the lifelong utility of agents, is there a natural weight for the utility of…
Siddhartha Bandyopadhyay, Bryan C. McCannon
In this note, we provide a new explanation for the “failure” of plea bargaining. We show in a model of asymmetric information that a public prosecutor facing re-election takes cases to the courtroom to signal quality even when her welfare (absent retention mo…
Nikolaos Georgantzis, José Santiago Arroyo-Mina, Daniel Guerrero
This paper studies the economical behavior of agents, who make decisions regarding the sustainability of Common-Pool Resources (CPR). For this purpose, economical experiments are applied to simulate the yield of a CPR taking into account the influence of econ…
Andreas Duus Pape
This paper develops an axiomatic theory of decision-making under uncertainty that has no state-space. The choice setting follows Karni [1,2]: a set of effects (outcomes), a set of actions which induce these effects, and a set of real-valued bets over effects.…
Junji Kageyama
This study aims to explain why children are impatient. Using a biological framework called the life history theory, the study investigates the evolutionary root of time preference, paying particular attention to childhood. The results show that the biological…
Ranjila Devi Singh, Sarah L. Hemstock
The source of livelihood varies amongst the Pacific Island Countries and also within a country; between urban and rural areas. Most Pacific Island Countries (PICs) and their households rely on subsistence activities and agriculture for their livelihood. This…
David Martin
Many biodiversity researchers have responded to the financial constraints faced by policy makers to develop models based upon the “Noah’s Ark” metaphor, implying that society can save only a limited amount of biodiversity. Unfortunately, as Herman Daly ( Land…
André de Palma, Soumyanetra Munshi
In a multi-prize contest, we consider the space of all outcomes and define a probability on it by hypothesizing the probability of an outcome to depend on resources expended by all the players. In this probability space, we then derive the probability of an i…
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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).