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Classic Question (classic + question)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting50%

Selected Abstracts

From D'Avaux to Dévot: Politics and Religion in the Thirty Years War

HISTORY, Issue 286 2002
Paul Sonnino
This article attempts to reformulate the classic question of whether the Thirty Years War was political or religious by examining the career of the Count d'Avaux, one of Cardinal Richelieu's principal agents in Germany and, in the time of Mazarin, one of France's plenipotentiaries at the Congress of Westphalia. All three men made a distinction between a political and religious war, but where they differed, and where D'Avaux was closer to Richelieu than to Mazarin, was in the relative weight each gave to considerations of legality, necessity, and conscience. [source]

Optimal Commodity Taxes in Australia

THE AUSTRALIAN ECONOMIC REVIEW, Issue 1 2002
Paul Blacklow
The recent changes to commodity taxes in Australia have led to renewed interest in a classic question in public finance: should the tax rates be uniform or differentiated? This article attempts to answer this question by calculating optimal commodity taxes in Australia for a nine-item disaggregation. The estimates point to non-uniform commodity taxes, even from the viewpoint of an inequality-insensitive tax planner. The optimal commodity taxes bear little resemblance with the pre-GST or post-GST tax rates. No less significant is our observation that even the purely efficiency-driven optimal commodity taxes imply lower real expenditure inequality than the actual taxes. [source]

The supply of information by a concerned expert,

THE ECONOMIC JOURNAL, Issue 497 2004
Andrew Caplin
How much information should a policy maker pass on to an ill-informed citizen? In this paper, we address this classic question of Crawford and Sobel (1982) in a setting in which beliefs impact utility, as in Kreps and Porteus (1978). We show that this question cannot be answered using a utility function with standard revealed preference foundations. To solve the model, we go beyond the classical model in two respects, relying on the psychological expected utility model of Caplin and Leahy (2001) to capture preferences, and the psychological game model of Geanakoplos et al. (1989) to capture strategic interactions. [source]

Masters change, slaves remain

BIOESSAYS, Issue 1 2003
Patricia Graham
Sex determination offers an opportunity to address many classic questions of developmental biology. In addition, because sex determination evolves rapidly, it offers an opportunity to investigate the evolution of genetic hierarchies. Sex determination in Drosophila melanogaster is controlled by the master regulatory gene, Sex lethal (Sxl). DmSxl controls the alternative splicing of a downstream gene, transformer (tra), which acts with tra2 to control alternative splicing of doublesex (dsx). DmSxl also controls its own splicing, creating an autoregulatory feedback loop that ensures expression of Sxl in females, but not males. A recent paper1 has shown that in the dipteran Ceratitis capitata later (downstream) steps in the regulatory hierarchy are conserved, while earlier (upstream) steps are not. Cctra is regulated by alternative splicing and apparently controls the alternative splicing of Ccdsx. However, Cctra is not regulated by CcSxl. Instead it appears to autoregulate in a manner similar to the autoregulation seen with DmSxl. BioEssays 25:1,4, 2003. © 2002 Wiley Periodicals, Inc. [source]