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Experimental tests of a relative frequency theory of consumer demand
(1976)
The traditional theory of consumer demand characterizes consumers as possessing a fixed set of preferences which are then represented by a monotonically increasing utility function. Consumers are then characterized ...
Job search, vacancies, and stochastic labor flows : a queueing theory of the labor market
(1977)
This study is concerned with unemployment, job vacancies, and worker queues in equilibrium. Vacancies are defined as the difference between the number of jobs available in the economy and the current level of employment. ...
An essay on labor market dynamics : theory and evidence
(1978)
A stochastic model of the labor market is developed in which job search takes place within a framework which describes participation decisions as a Markov process. Prospective labor force participants, faced with a known ...
The impact of environmental controls and taxes on mining
(1977)
This dissertation is an attempt to determine the economic impact of tax changes and the introduction of environmental controls on mineral extracting industries. The theory developed is applicable to any mineral extracting ...