This paper proposes an approach for modeling

arfankj4

The increase in bond risks after is attributed primarily to a shift in monetary policy towards a more anti inflationary stance while the more recent decrease in bond risks after is attributed primarily to a renewed emphasis on output stabilization and an increase in the persistence of monetary policy. Endogenous responses of bond risk premia amplify these effects of monetary policy on bond risks. Download working paper  ssrn abstract Pricing and Efficiency in the Market for IP Addresses.

By Edelman Benjamin and Michael Schwarz ABSTRACT—We consider market rules for transferring IP addresses numeric identifiers required by all computers connected to the Internet. Transfers usefully move resources from lowest to highest valuation networks but transfers tend to cause socially costly growth in the Internet s routing table. We propose a Chinese Overseas America Number Data market rule that avoids excessive trading and comes close to achieving social efficiency. We argue that this rule is feasible despite the limited powers of central authorities. We also offer a framework for reasoning about future prices of IP addresses and then explore the role of rentals in sharing information about the value of IP address and assuring allocative efficiency. Download working paper  ssrn abstract Elevating Repositioning Costs Strategy Dynamics and Competitive Interactions in Grand Strategy pdf By Menon Anoop R. and Dennis A. Yao ABSTRACT— strategic interactions that incorporates the costs to firms of changing their strategies.





The costs associated with strategy modifications which we term repositioning costs constitute a defining feature of strategic choice which is particularly relevant to interactions involving grand strategies. Repositioning costs can critically affect competitive dynamics by making strategies sticky and consequently the implications of strategic interaction for strategic choice. And yet while the organization and strategy literatures broadly recognize the importance of repositioning costs game theoretic treatments at the grand strategy level with very limited exceptions have not focused on them.