Southern Economic Journal

1. Background Game-theoretic solution concepts imply that a change in payoff levels modifying a game by adding a...

1. Introduction The agency-theoretic approach to corporate governance emphasizes the incongruence between shareholders and management stemming from the...

I. Introduction How is economic growth related to the diversity of knowledge? How does knowledge diversity change as...

1. Introduction We develop a partial equilibrium, competitive framework of a (potentially) vertically integrated industry. In our model...

1. Introduction Decisions with uncertain outcomes are often made by one party in settings where another party bears...

1. Introduction There is now a growing interest in the economic and institutional determinants of inflation, mainly because...

1. Introduction Variability in relative prices is known to be a major channel through which inflation can induce...

1. Introduction Is fiscal policy procyclical? Should it be? The standard Keynesian model implies that fiscal policy should...

1. Introduction In late August 2005, Hurricane Katrina hit the U.S. Gulf coast with a catastrophic fury that...

1. Introduction Hurricane Katrina made landfall on the Louisiana-Mississippi border of the Gulf Coast on August 29, 2005,...

1. Introduction The IMF's and World Bank's structural adjustment and stabilization programs often involve a reduction in trade...

1. Introduction Health care costs continue to rise in the United States and throughout the world. The rising...

Do the benefits outweigh the costs, or vice versa? This is no time for exaggeration or hysteria, but...

1. Introduction Excess body weight among children and adolescents over the last two decades has been documented widely...