infonet-economy

Contents

1. The optimal size of a single bank depends on the technology
2. To which degree should a bank wish to be regulated?
3. Banks versus capital markets

ELECTRA Project

This study shows that in general the impact of equity on tax evasion depends on how the taxpayer's risk aversion is affected by perceived equity. Then possible reasons are discussed why an increase in perceived equity may increase a person's risk aversion and thus lead to a decrease of evasion. An economic as well as a psychological argument are presented which can explain...

This study starts from the observation that today's Western trading nations are exposed to multiple risks of energy supplies, eg simultaneous shortage of oil and gas supplies. To cope with these risks, both oil and gas can be stockpiled. Adopting the viewpoint of a policy maker who aims at minimizing the expected cost of security of supply, optimal simultaneous adjustments of...

In current welfare state analysis there is little theory to explain the action of exclusive groups. This article explores the possibilities of a theory that focuses on the interaction between individual choices and strategies, the formal systems, policies and rules of governments and the informal norms and practices of groups. The argument is that club theory, a branch of public...

This paper explores the relation between non-exponential waiting times between events and the distribution of the number of events in a fixed time interval. It is shown that within this framework the frequently observed phenomenon of overdispersion, i.e. a variance that exceeds the mean, is caused by a decreasing hazard function of the waiting times, while an increasing hazard...

Features specially devoted to schema evolution in the F2 object-oriented database system are presented in this paper. They include a meta-circular and reflective model where primitive operations (create, update, delete) on schema objects form a complete taxonomy of schema changes. All the schema objects of a database are updatable and the consequences of these changes on objects are...