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The standard assumption in economic theory is that preferences are stable. In particular, they are not changed as a result of experience with the good/service/event. Behavioral scientists have challenged this assumption and claimed (providing evidence) that preferences are constantly changing...
Persistent link: https://www.econbiz.de/10005123715
It has been suggested in the literature that a source of incompleteness in the agency relationship between the doctor and the patient is that the provider may respond to an incomplete or biased perception of the patient’s interests. However, this has not been shown empirically. This paper is...
Persistent link: https://www.econbiz.de/10005504389
The standard assumption in economic theory is that preferences do not change as a result of experience with the commodity/service/event. Behavioural scientists have challenged this assumption, claiming that preferences constantly do change as experience is accumulated. This paper tests the...
Persistent link: https://www.econbiz.de/10005656214
in the world in a few decades. Now China is returning to its historical past. To understand China’s development, and to …
Persistent link: https://www.econbiz.de/10011145429
The colonial legacy of African underdevelopment is widely debated but hard to document. We use occupational statistics from Protestant marriage registers of historical Kampala to investigate the hypothesis that African gender inequality and female disempowerment are rooted in colonial times. We...
Persistent link: https://www.econbiz.de/10011145474
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
contrast we aim to identify the impact on whole economies (economic growth, and financial sector development and reductions in …
Persistent link: https://www.econbiz.de/10011201355
A model of entrepreneurial choices in an economy with a corrupt public procurement sector is built, providing predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers. Second, firms favoured with corrupt contracts enjoy extra...
Persistent link: https://www.econbiz.de/10008865969
It is widely recognized that fragile states are key symptoms of under-development in many parts of the world. Such …, mainstream development economics has not dealt in any systematic way with such concerns and the implications for development … assistance. This paper puts forward a framework for analyzing fragile states and applies it to a variety of development policies …
Persistent link: https://www.econbiz.de/10008865974
-term contracts sacrificing managerial selection may be optimal at early stages of economic development and when access to information …
Persistent link: https://www.econbiz.de/10009144738