Showing 1 - 10 of 32
player has higher material payoffs, so that reciprocity does not increase equity: For sufficiently strong reciprocity …
Persistent link: https://www.econbiz.de/10008468559
We study the process of how firms access basic research and translate this into applied research. Drawing on basic research firms develop higher quality technologies and develop these technologies more intensely internally. Critical in this process are boundary crossing inventors – inventors...
Persistent link: https://www.econbiz.de/10011083344
We examine the role of non-economic partnerships in promoting international economic exchange. Since far-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement tends to encourage international lending. Countries with...
Persistent link: https://www.econbiz.de/10005666580
the partnership’s going-public decision. We support our theory with a new dataset of investment bank partnership …
Persistent link: https://www.econbiz.de/10005656352
incumbent can file a trade dispute to appeal to voters motivated by reciprocity. The incumbent’s ability to initiate a dispute …
Persistent link: https://www.econbiz.de/10011276379
We show that a measure of reciprocity derived from the Berg et al. (1995) trust game in a laboratory setting predicts …
Persistent link: https://www.econbiz.de/10008468715
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
The missing wage rigidity in general equilibrium models of efficiency wages is an artifact of the external wage reference perspective conventionally adopted by the literature. Efficiency wage models based on an internal wage reference perspective are capable of generating strong wage rigidity....
Persistent link: https://www.econbiz.de/10005124415
We develop a reciprocity-based model of wage determination and incorporate it into a modern dynamic general equilibrium … a negligible role in wage setting. These results are broadly consistent with micro-studies on reciprocity in labour … postulating nominal wage contracts. In particular, the reciprocity model is more successful in generating the sharp and …
Persistent link: https://www.econbiz.de/10005136735
find some evidence of reciprocity but no evidence of strategic voting. …
Persistent link: https://www.econbiz.de/10005067468