Tbilinomics Tamada Blog

: Eric Livny and Irakli Galdava; Energy and Environment; 04 July 2012; Hits: 2495; Rating:

Everything You Wanted to Know About Your Electricity Bill

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The share of distribution and transmission in the final price of electricity is higher in Georgia than in most European countries. Is there scope to push Georgia's distribution monopolies to operate at a lower profit...

Tags: Industrial Policy, Renewable Energy, Energy Efficiency

: Eric Livny; Democratic Governance; 19 June 2012; Hits: 1671; Rating:

Why Elections Happen in the Fall?

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If held in early fall (say, in October), when prices are low and consumer sentiment is at its peak, political elections – the ultimate “consumer confidence survey” – are more likely to favor incumbent governments. * ...

: Eric Livny and Lasha Labadze; Regional Policy; 05 June 2012; Hits: 2484; Rating:

Are Georgian Village Communities able to Organize Themselves?

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The famous Shrosha pottery is jointly marketed by an informal village-level cooperative. Ensuring the minimum level of coordination and fairness, the Shroshans' model of community organization is both inefficient and ineffective, just like anywhere else...

Tags: Agriculture, Rural Development

: Eric Livny; Economic Theory; 08 May 2012; Hits: 2249; Rating:

On “Humans” vs. “Econs”, the mystery of human psyche, and the domain of economic inquiry

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Axiomatic economics models are populated with utility maximizers, a.k.a. “Econs”. These models have predictive power - an practical value - in situations in which real human qualities, such as bounded rationality or emotions, play no...

Tags: Economic Theory

: Eric Livny; Education; 24 April 2012; Hits: 2258; Rating:

The "Over-Education" Trap

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Thousands of future unemployed are driven into the over-education trap. Rather exceptionally, Georgia cut university enrollments by revoking education licenses from dozens of diploma mills. It is yet to offer students a viable VET option,...

Tags: Education, Armenia, Azerbaijan

Tamada Blog

Everything You Wanted to Know About Your Electricity Bill

Why Elections Happen in the Fall?

Are Georgian Village Communities able to Organize Themselves?

On “Humans” vs. “Econs”, the mystery of human psyche, and the domain of economic inquiry

The "Over-Education" Trap

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