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In this article, we present a first empirical reflection on 'smart development', its measurement, possible 'drivers' and 'bottlenecks'. We first provide cross-national data on how much ecological footprint is used in the nations of the world system to 'deliver' a given amount of democracy,...
Persistent link: https://www.econbiz.de/10009523002
We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite collection of standard deterministic supply functions. We introduce a consistency postulate for a stochastic supply function that may be satisfied even if no underlying...
Persistent link: https://www.econbiz.de/10003810898
Despite being a fixture of everyday life in the Arab world, wasta, which may be thought of as special influence by members of the same group or tribe, has received little attention from social scientists. Our casual empiricism suggests that wasta is an important determinant of how economic...
Persistent link: https://www.econbiz.de/10009708693
Internal organization relies heavily on psychological consistency requirements. This thought has been emphasized in modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several topics in the theory of the firm, like the boundaries of...
Persistent link: https://www.econbiz.de/10009238549
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10011410683
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, military training during peacetime has environmental consequences. This research aims to quantify how much pollution is emitted … pollution levels. Leveraging high-frequency data, we employ a machine learning algorithm in conjunction with program evaluation … area. Our findings reveal that these exercises led to a notable increase in air pollution levels, potentially reaching up …
Persistent link: https://www.econbiz.de/10014507555
-market valuation ; cost-benefit analysis ; air pollution …
Persistent link: https://www.econbiz.de/10003903197