Showing 1 - 10 of 71
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10010877893
We analyse how state university competition to collect resources may affect both research and the quality of teaching … research and teaching supplied by each university, and the mix of low- and high-ability students attending each university. The …
Persistent link: https://www.econbiz.de/10008861866
, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …,” and inadequate organizational forms for modern research. Academia, in a broader sense understood as “the locus of seeking …
Persistent link: https://www.econbiz.de/10008671696
Despite the social importance of awards, they have been largely disregarded by academic research in economics. This …’ subsequent research activity and status compared to a synthetic control group of non-recipient scholars with similar previous … research performance. We find evidence of positive incentive and status effects that raise both productivity and citation …
Persistent link: https://www.econbiz.de/10010877716
signaling research talent to outsiders. Awards should therefore be taken seriously as a means of motivating research that may …
Persistent link: https://www.econbiz.de/10005406082
This paper discusses rising enrolment rates, access, governance, underperformance in research and teaching, lack of …, researchers and teachers and open up national funding schemes. The EU should take more initiatives to fund research through the …
Persistent link: https://www.econbiz.de/10005094228
We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in...
Persistent link: https://www.econbiz.de/10005196236
The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...
Persistent link: https://www.econbiz.de/10010877686
Papers on optimal harvesting regimes for maximizing land expectation value (LEV) that compare different logging practices often ignore differences in variable costs and in damages on the residual stand between logging practices. We use data on a multi-age, multi-species forest in East-Kalimantan...
Persistent link: https://www.econbiz.de/10010877701
A “conservation good” (such as a tropical forest) is owned by a seller who is tempted to consume (or cut), but a buyer benefits more from conservation. The seller does conserve if the buyer is expected to buy, but the buyer is unwilling to pay as long as the seller conserves. This...
Persistent link: https://www.econbiz.de/10010670795