📈 economics

Cournot competitionunder a binding price ceiling: equilibrium structure and exact pass-through

This paper demonstrates that Cournot competition under a binding price ceiling and capacity constraints preserves payoff concavity to guarantee equilibrium existence, characterizes the resulting equilibrium set as a polytope with a unique aggregate output but potentially multiple allocations, and establishes that public supply exhibits exact (zero or one) pass-through while total supply is single-peaked in the ceiling level.

Tumendelger Lkhagvasuren2026-09-22
📈 economics

Worker Utility as Hysteresis: A Preisach Model of Transaction Acceptance in Gig Labour Markets

This paper proposes a Preisach hysteresis model, operationalized through a dual-output neural network and XGBoost classifier, to estimate latent worker utility surfaces from binary gig transaction data, demonstrating that this approach simultaneously reduces total wage bills by 21.3% and increases fill rates by 9.7 percentage points by precisely identifying transactions where wages can be safely lowered or strategically raised based on their position relative to heterogeneous acceptance thresholds.

PIOTR FRYDRYCH, Roman Szewczyk2026-09-22
📈 economics

Differentiated Rail Accessibility and Housing-Price Capitalization around an Interchange Station: Evidence from Pangyo, South Korea

This study challenges the assumption of uniform rail impacts by demonstrating that in Pangyo, South Korea, housing-price capitalization patterns vary significantly based on a line's functional role, with the core-oriented Shinbundang Line generating localized price increases compared to the broader effects of the connectivity-expanding Gyeonggang Line.

Seoyoung Kim2026-09-22
📈 economics

Foreign Direct Investment and Private Sector Development in Sierra Leone: Examining the Moderating Roles of Financial Development and Institutional Quality

Using ARDL and robustness estimators on data from 1996–2023, this study finds that foreign direct investment significantly promotes private sector development in Sierra Leone, an effect that is further strengthened by improvements in institutional quality.

Peter Makieu, Saffa Mohamed Massaquoi, Isatu Koroma, Edison D. Dartue2026-09-21
📈 economics

Governing wildfire insurance under mortgage constraints: an availability-affordability-capacity framework with decision-oriented evaluation for California, 2018-2024

This paper introduces an availability-affordability-capacity framework to analyze wildfire insurance for mortgaged homeowners in California (2018–2024), demonstrating that joint constraints on coverage offers, household budgets, and insurer capacity necessitate empirical evaluation of policy instruments rather than theoretical assumptions about pricing versus affordability.

Lu Chao, XiaoXi Ma, Sun ShuiMiao2026-09-21
📈 economics

Digital Sovereignty and Non-market Strategy in Multinational Technology Firms: Implications for Asia

This study analyzes how major multinational technology firms adapt to digital sovereignty challenges through diverse non-market strategies, revealing that their responses are systematically shaped by product architecture and vary geographically, with Asian markets prioritizing operational compliance and credible assurance over political expenditure.

Yonglin Zhang, Dezhi Zhang2026-09-21
📈 economics

The Impact of New-Type Urbanization on the Development of Livable, Industry-Thriving, and Beautiful Rural Areas: Evidence from 2,093 Chinese Counties

Using panel data from 2,093 Chinese counties and a staggered-difference-in-differences model, this study demonstrates that the New Urbanization Pilot Policy significantly promotes the development of livable, industry-thriving, and beautiful rural areas by stimulating domestic demand, technological innovation, and digital economy support, with effects varying notably across different regional and fiscal contexts.

ZIXUAN WU2026-09-21
📈 economics

Financial Markets as Signals of Institutional Transformation during Saudi Arabia's Vision 2030

This study analyzes Saudi Arabia's 2000–2024 equity market data to conclude that while liquidity, foreign investment, and labor conditions significantly influence stock performance, the absence of a discrete structural break linked to Vision 2030 suggests that market signals reflect a gradual, institutionally conditioned transformation rather than immediate evidence of successful economic diversification.

Obby Phiri2026-09-21