In contrast to the overlapping-generations model, it is allowable to discount the future utility in a dynasty model without the ethical difficulty related to intergenerational conflicts. Much precedent research uses R...In contrast to the overlapping-generations model, it is allowable to discount the future utility in a dynasty model without the ethical difficulty related to intergenerational conflicts. Much precedent research uses Ramsey-type optimal growth theory in order to estimate the social discount rate. However, one must note that almost all the formulations neglect the existence of negative intertemporal externalities. This problem is vital when one analyzes the global warming problem mainly caused by the excess concentration of carbon dioxide (CO<sub>2</sub>). This is because an adjoining effect of capital accumulation exists besides the improvement of product capacity, which is reflected in the rate of interest (or equivalently, the marginal productivity of capital). That is, one cannot neglect a negative externality to the future productivity that originates from the excess emissions of CO<sub>2</sub>. Accordingly, following the optimal growth theory, the effective social discount rate should be heightened by a proportional carbon tax to suppress future excess consumption/ emissions than in the case of the existing analyses, which exclude such an intertemporal external diseconomy.展开更多
A user profile contains information about a user. A substantial effort has been made so as to understand users’ behavior through analyzing their profile data. Online social networks provide an enormous amount of such...A user profile contains information about a user. A substantial effort has been made so as to understand users’ behavior through analyzing their profile data. Online social networks provide an enormous amount of such information for researchers. Sina Weibo, a Twitter-like microblogging platform, has achieved a great success in China although studies on it are still in an initial state. This paper aims to explore the relationships among different profile attributes in Sina Weibo. We use the techniques of association rule mining to identify the dependency among the attributes and we found that if a user’s posts are welcomed, he or she is more likely to have a large number of followers. Our results demonstrate how the relationships among the profile attributes are affected by a user’s verified type. We also put some efforts on data transformation and analyze the influence of the statistical properties of the data distribution on data discretization.展开更多
The Ramsey rule is regarded as a convenient vehicle for estimating the social discount rate in general. Carbon pricing is treated as another theory of environmental economics. This study clarifies the theoretical rela...The Ramsey rule is regarded as a convenient vehicle for estimating the social discount rate in general. Carbon pricing is treated as another theory of environmental economics. This study clarifies the theoretical relationship between the Ramsey rule and optimal carbon price, which has been overlooked in the existing research. It succeeds in deriving the optimal carbon price from the modified Ramsey rule in stationary state. Since the Ramsey rule decides the dynamics of an economy and a stationary state is its destination, by using the optimization condition of individual who are assumed to live infinitesimally short life, we can solve the optimal carbon price at stationary state.展开更多
文摘In contrast to the overlapping-generations model, it is allowable to discount the future utility in a dynasty model without the ethical difficulty related to intergenerational conflicts. Much precedent research uses Ramsey-type optimal growth theory in order to estimate the social discount rate. However, one must note that almost all the formulations neglect the existence of negative intertemporal externalities. This problem is vital when one analyzes the global warming problem mainly caused by the excess concentration of carbon dioxide (CO<sub>2</sub>). This is because an adjoining effect of capital accumulation exists besides the improvement of product capacity, which is reflected in the rate of interest (or equivalently, the marginal productivity of capital). That is, one cannot neglect a negative externality to the future productivity that originates from the excess emissions of CO<sub>2</sub>. Accordingly, following the optimal growth theory, the effective social discount rate should be heightened by a proportional carbon tax to suppress future excess consumption/ emissions than in the case of the existing analyses, which exclude such an intertemporal external diseconomy.
文摘A user profile contains information about a user. A substantial effort has been made so as to understand users’ behavior through analyzing their profile data. Online social networks provide an enormous amount of such information for researchers. Sina Weibo, a Twitter-like microblogging platform, has achieved a great success in China although studies on it are still in an initial state. This paper aims to explore the relationships among different profile attributes in Sina Weibo. We use the techniques of association rule mining to identify the dependency among the attributes and we found that if a user’s posts are welcomed, he or she is more likely to have a large number of followers. Our results demonstrate how the relationships among the profile attributes are affected by a user’s verified type. We also put some efforts on data transformation and analyze the influence of the statistical properties of the data distribution on data discretization.
文摘The Ramsey rule is regarded as a convenient vehicle for estimating the social discount rate in general. Carbon pricing is treated as another theory of environmental economics. This study clarifies the theoretical relationship between the Ramsey rule and optimal carbon price, which has been overlooked in the existing research. It succeeds in deriving the optimal carbon price from the modified Ramsey rule in stationary state. Since the Ramsey rule decides the dynamics of an economy and a stationary state is its destination, by using the optimization condition of individual who are assumed to live infinitesimally short life, we can solve the optimal carbon price at stationary state.
