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the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
A measure of efficiency in production for some given set of inputs
a quantitative measure of how good or bad a policy or situation is for a society, overall. It is usually obtained by somehow "aggregating" the utility functions of all the people in…
A branch of statistics that studies the likelihood of uncertain events occurring.
Study of the behavior of firms in organizing their production and allocating productive resources.
a branch of economics which deals with economic aspects of the development process in low-income countries.
For questions about Bayesian games. These are strategic interactions when one or more players have incomplete information about other players. General topics of games with asymmetric information may u…
The application of economics to issues in the natural environment; especially concerning climate change.
a commonly used functional form for a firm's production function or for consumers' utility, with a variety of convenient properties.
a field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives, toward desired objectives, in strategic settings, where play…
The study of how groups of people should make collective decisions. This can involve voting, bargaining, the application of some protocol (e.g. to fairly divide goods), or maximizing some measure of …
Questions involving crypto currencies, crypto coins and tokens traded via the distributed ledger technology (blockchain) and its functioning aspects, as well as the valuation, exchange and issuance of…
a conglomerate of models and results concerning the aggregation of individual choices into collective choices
A property of preferences that causes an agent to prefer alternatives whose outcomes are relatively certain, even when the associated expected payoff is lower.
Economic questions related to the United States of America, a large country located in North America.