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R&D Alliances as Non-cooperative Supergames

Cabral, Luís M B - C.E.P.R. Discussion Papers - 1996

R&D alliances (Research Joint Ventures or other institutional forms) normally involve repeated, non-contractible actions (investments in R&D), and uncertainty regarding both success and the termination date. Accordingly, we model these agreements as equilibria of infinite-period supergames. Our...

Persistent link: https://www.econbiz.de/10005136561

Aftermarket Power and Basic Market Competition

Cabral, Luís M B - C.E.P.R. Discussion Papers - 2008

I revisit the relation between aftermarket power and basic market competition. I consider an infinite period model with overlapping consumers: in each period, one consumer is born and joins one of the existing installed bases, then aftermarket payoffs are received by sellers and consumers, then...

Persistent link: https://www.econbiz.de/10005497932

Entry Mistakes

Cabral, Luís M B - C.E.P.R. Discussion Papers - 1997

Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary entry investments are made. We refer to these outcomes...

Persistent link: https://www.econbiz.de/10005662244

More Schooling, More Children: Compulsory Schooling Reforms and Fertility in Europe

Fort, Margherita; Schneeweis, Nicole; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2011

We study the relationship between education and fertility, exploiting compulsory schooling reforms in Europe as source … of exogenous variation in education. Using data from 8 European countries, we assess the causal effect of education on … the number of biological kids and the incidence of childlessness. We find that more education causes a substantial …

Persistent link: https://www.econbiz.de/10009324255

The Causal Effect of Education on Health: What is the Role of Health Behaviors?

Brunello, Giorgio; Fort, Margherita; Schneeweis, Nicole; … - C.E.P.R. Discussion Papers - 2011

We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … we consider the entire history of behaviors. We use an empirical approach that addresses the endogeneity of education and … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education …

Persistent link: https://www.econbiz.de/10009385763

Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2004

insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show … within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …

Persistent link: https://www.econbiz.de/10005789165

Peer Effects in Austrian Schools

Schneeweis, Nicole; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2005

This study deals with educational production in Austria and is focused on the potential impact of schoolmates on students’ academic outcomes. We used PISA 2000 data to estimate peer effects for 15 and 16 year old students. The estimations yield substantial positive effects of the peer...

Persistent link: https://www.econbiz.de/10005792354