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Perotti, Enrico C; Volpin, Paolo - C.E.P.R. Discussion Papers - 2004

entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …

Persistent link: https://www.econbiz.de/10005662100

Control without Deception

Bardsley, Nicholas - Tinbergen Instituut - 2000

Lying to participants offers an experimenter the enticing prospect ofmaking "others' behaviour" a controlled variable,but is eschewed by experimental economists because it may pollute thepool of subjects. This paper proposes andimplements a new experimental design, the Conditional...

Persistent link: https://www.econbiz.de/10011256339

Fairness and Reciprocity in the Hawk-Dove Game

Neugebauer, Tibor; Poulsen, Anders; Schram, Arthur J.H.C. - Tinbergen Instituut - 2002

This discussion paper resulted in a publication in the Journal of Economic Behavior & Organization (2008), volume 66, pages 243-250. We study fairness and reciprocity in a Hawk-Dove game. This alllows us to testvarious models in one framework. We observe a large extent of selfish and...

Persistent link: https://www.econbiz.de/10011256827

A Theory of Reciprocity

Falk, Armin; Fischbacher, Urs - C.E.P.R. Discussion Papers - 2001

This Paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...

Persistent link: https://www.econbiz.de/10005791797

Charitable Giving as a Gift Exchange: Evidence From a Field Experiment

Falk, Armin - C.E.P.R. Discussion Papers - 2004

This study reports data from a field experiment that was conducted to investigate the relevance of gift-exchange for charitable giving. Roughly 10,000 solicitation letters were sent to potential donors in the experiment. One third of the letters contained no gift, one third contained a small...

Persistent link: https://www.econbiz.de/10005791952

Appropriating the Commons - A Theoretical Explanation

Falk, Armin; Fehr, Ernst; Fischbacher, Urs - C.E.P.R. Discussion Papers - 2001

In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...

Persistent link: https://www.econbiz.de/10005123667

Impeded Industrial Restructuring: The Growth Penalty

Audretsch, D.B.; Carree, M.A.; Stel, A.J. van; Thurik, A.R. - Tinbergen Instituut - 2000

This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...

Persistent link: https://www.econbiz.de/10011256821

Does Entrepreneurship reduce Unemployment?

Audretsch, D.B.; Carree, M.A.; Thurik, A.R. - Tinbergen Instituut - 2001

In this paper, we develop two hypotheses: First, regional innovation efforts have a positive impact on regional knowledge based entrepreneurial activity. Second, knowledge based entrepreneurship positively affects regional economic performance. We test these hypotheses using county level data...

Persistent link: https://www.econbiz.de/10011257436

Do entrepreneurs matter?

Becker, Sascha O.; Hvide, Hans K - C.E.P.R. Discussion Papers - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10011083991

Market Size, Entrepreneurship, and Income Inequality

Behrens, Kristian; Pokrovsky, Dmitry; Zhelobodko, Evgeny - C.E.P.R. Discussion Papers - 2014

We develop a monopolistic competition model with two sectors and heterogeneous agents who self-select into entrepreneurship, depending on entrepreneurial ability. The effect of market size on the equilibrium share of entrepreneurs crucially hinges on properties of the lower-tier utility function...

Persistent link: https://www.econbiz.de/10011084591