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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…
Richard M. Peck
Becker’s paper "Irrational Consumers and Economic Theory" ([1]) is a classic. This paper shows how to parameterize the process of selecting points randomly on a budget set. This parameterization also simplifies the proof that average demand curves are downwar…
Edmond Baranes, François Mirabel, Jean-Christophe Poudou
Our paper focuses on the relationship between market concentration and collusion sustainability in a framework of multimarket contacts. We consider two independent and symmetric markets in which a subset of firms are active in both markets. When firms are abl…
Kenichi Tamegawa
The aim of this article is to introduce a solution method for an indeterminate dynamic stochastic general equilibrium (DSGE) model. The method uses the concept of a biased expectation equilibrium, which is defined in this paper and means that expectations of…
Debora Di Gioacchino
Human capital is a key determinant of economic growth. Parents’ involvement during childhood is a predictor of educational attainment later in life. Thus, time devoted by parents to childcare is an important productive activity for society. This paper present…
Moawia Alghalith, Esha Ramlogan, Martin Franklin
This note is an attempt to model the role of the policymaker in stabilizing the stock markets. In doing so, we present an elasticity formula that links the risk-free interest rate to the value of the stock index.
Kameliia Petrova
This paper presents a formal framework for modeling the effects of economic incentives on motivation. While economic models represent the utilities from monetary incentives and private benefits in an additive form, studies in psychology show that extrinsic an…
Keita Kamei
We provide an analytical solution for the continuum multi-country two-sector Ricardian model of Yanagawa (1996) [1], and obtain additional results that are not observed in the standard two-country two-good Ricardian model. Increases in productivity in each se…
Kevin M. Currier, Susanne Rassouli-Currier
Around the world, energy markets are being liberalized with the goal of achieving fully competitive markets while at-taining environmental policy objectives. This paper considers a system of Tradable Green Certificates (TGCs)—a mar-ket based regulatory instru…
Sanghack Lee, Shi Young Lee
We examine prize allocation in contests in which the number of contenders affects prizes. The government allocates a fixed prize between two groups of contenders. The prize share of each group is determined endogenously through the inter-group share contest.…
Kenichi Tamegawa
In this paper, we attempt to obtain the exact probability distribution of the debt-to-GDP ratio in T years, assuming that 1) the primary balance is zero and 2) the interest rate and the GDP growth rate are given as exogenous random variables. With this approa…
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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).