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Relative performance of liability rules : experimental evidence
Angelova, Vera; Attanasi, Giuseppe; Hiriart, Yolande - 2016
cannot always be compensated. A firm can invest in safety to reduce the likelihood of accidents. The firm's investment is … increasing prevention. We determine the investment in safety under No Liability, Strict Liability and Negligence, and compare it … are equally effective; both perform better than No Liability; investment in safety is not sensitive to the ability of the …
Persistent link: https://www.econbiz.de/10011530056
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Relative performance of liability rules : experimental evidence
Angelova, Vera; Attanasi, Giuseppe; Hiriart, Yolande - 2012
cannot always be compensated. A firm can invest in safety to reduce the likelihood of accidents. The firm's investment is … increasing prevention. We determine the investment in safety under No Liability, Strict Liability and Negligence, and compare it … are equally effective; both perform better than No Liability; investment in safety is not sensitive to the ability of the …
Persistent link: https://www.econbiz.de/10009515729
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Evolution of standards and innovation
Aoki, Reiko; Arai, Yasuhiro - 2014
Persistent link: https://www.econbiz.de/10010354607
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Hold-up problems with respect to R&D investment and licensing in environmental regulation
Breitscheidel, Jörg (contributor) - 2005
announcement of the tax rate seems to be preferable to solve hold-up problems with respect to the investment in environmental R …
Persistent link: https://www.econbiz.de/10003225310
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Network security in OSI model
Soltani, Danial - 2021
Persistent link: https://www.econbiz.de/10013242243
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Monetary policy implementation in an interbank network : effects on systemic risk
Bluhm, Marcel; Faia, Ester; Krahnen, Jan Pieter - 2014
detrimental effects of higher risk taking incentives.We find that central bank supply of liquidity quite generally increases …
Persistent link: https://www.econbiz.de/10010337579
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Network Effects in Contagion Processes : Identification and Control
Drakopoulos, Kimon - 2018
In this paper, we study the problem of identifying network effects in contagion processes and present an application to the propagation of influenza in the United States. In particular, using data on the evolution of infections over time, the travel intensity between states as well as...
Persistent link: https://www.econbiz.de/10012931504
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The Paradox of Civilization : Pre-Institutional Sources of Security and Prosperity
Dal Bo, Ernesto - 2015
The rise of civilizations involved the dual emergence of economies that could produce surplus (“prosperity”) and states that could protect surplus (“security”). But the joint achievement of security and prosperity had to escape a paradox: prosperity attracts predation, and higher...
Persistent link: https://www.econbiz.de/10013009442
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The Paradox of Civilization : Pre-Institutional Sources of Security and Prosperity
Dal Bó, Ernesto - 2015
The rise of civilizations involved the dual emergence of economies that could produce surplus ("prosperity") and states that could protect surplus ("security"). But the joint achievement of security and prosperity had to escape a paradox: prosperity attracts predation, and higher insecurity...
Persistent link: https://www.econbiz.de/10012456842
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R&D incentives, compatibility and network externalities
Cerquera, Daniel (contributor) - 2006
This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...
Persistent link: https://www.econbiz.de/10003404785