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The Invisible Hand Plays Dice: Eventualities in Religious Markets

Poutvaara, Panu; Wagener, Andreas - EconWPA - 2004

Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...

Persistent link: https://www.econbiz.de/10005407789

What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...

Persistent link: https://www.econbiz.de/10005556770

Candidate Quality

Poutvaara, Panu; Takalo, Tuomas - EconWPA - 2004

We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....

Persistent link: https://www.econbiz.de/10005560979

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction … costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of …

Persistent link: https://www.econbiz.de/10005561473

A Model of Primary and Secondary Waves in Investment Cycles

Fioretti, Guido - EconWPA - 2002

. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …

Persistent link: https://www.econbiz.de/10005077089

Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...

Persistent link: https://www.econbiz.de/10005125582

Competitive Advantages of the Beira Interior (Portugal): A TOWS Approach

Ferreira, Joao; Leitao, Joao; Raposo, Mario - EconWPA - 2005

of analysis. Considering as unit of analysis the region of Beira Interior (Portugal), this article aims to provide a TOWS …

Persistent link: https://www.econbiz.de/10005118851

Networks of Innovation Clusters in Cova da Beira (Portugal)

Leitao, Joao; Osorio, Carlos - EconWPA - 2005

This article proposes a normative model for the cluster articulation in Cova da Beira (Portugal), based on network … functioning which accomplishes the general purposes of the National Integrated Programme to the Support for Innovation, and …

Persistent link: https://www.econbiz.de/10005561423

Innovationsgesellschaft heute : Perspektiven, Felder und Fälle

Rammert, Werner (ed.); Windeler, Arnold (ed.); … - 2016

Persistent link: https://www.econbiz.de/10011738716

Innovation society today : perspectives, fields, and cases

Rammert, Werner (ed.); Windeler, Arnold (ed.); … - 2018

Persistent link: https://www.econbiz.de/10011705277