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Innovation of Network Goods: A Non-Innovating Firm Will Gain
Glazer, Amihai; Kanniainen, Vesa; Mustonen, Mikko - CESifo - 2002
We consider duopolists innovating and producing a good subject to network externalities, so that the reservation price of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub-networks, with increased network valuation of the new product....
Persistent link: https://www.econbiz.de/10005765788
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The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design
Wolfstetter, Elmar G. - CESifo - 2001
This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland. Apart from general market developments, which could not have been anticipated, we argue that auctiondesign which was introduced in England and adopted in Switzerland and elsewhere...
Persistent link: https://www.econbiz.de/10005766272
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The Third Generation (UMTS) Spectrum Auction in Germany
Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar G. - CESifo - 2001
The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...
Persistent link: https://www.econbiz.de/10005094495
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The Dutch UMTS-Auction
Damme, Eric van - CESifo - 2002
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...
Persistent link: https://www.econbiz.de/10005051587
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Education and Industrialization in Prussia: A Reassessment
Edwards, Jeremy - CESifo - 2013
This paper investigates Becker, Hornung and Woessmann’s recent claim that education had an important causal effect on … problems, notably the omission of relevant variables which leads to serious bias in the estimated effect of education. When … these problems are corrected, the conclusions of Becker, Hornung and Woessmann no longer hold. Education did not play an …
Persistent link: https://www.econbiz.de/10010877667
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Great Expectations and Hard Times - The (Nontrivial) Impact of Education on Domestic Terrorism
Brockhoff, Sarah; Krieger, Tim; Meierrieks, Daniel - CESifo - 2012
This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The … findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism … education (university education) reduces terrorism in a cluster of countries where conditions are more favorable. This suggests …
Persistent link: https://www.econbiz.de/10010877794
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International Migration of Couples
Junge, Martin; Munk, Martin D.; Poutvaara, Panu - CESifo - 2014
We present a theory on migration of dual-earner couples, and test it in the context of international migration. Our model predicts that the probability that a couple emigrates increases in the earnings of the primary earner. The effect of the earnings of the secondary earner may go either way....
Persistent link: https://www.econbiz.de/10010877818
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Education and Health: The Role of Cognitive Ability
Bijwaard, Govert; Kippersluis, Hans van; Veenman, Justus - CESifo - 2013
We aim to disentangle the relative contributions of (i) cognitive ability, and (ii) education on health and mortality …-2011, such that we observe mortality between ages 55 and 75. The results suggest that the treatment effect of education (i.e. the … effect of entering secondary school as opposed to leaving school after primary education) is positive and amounts to a 4 …
Persistent link: https://www.econbiz.de/10010877909
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Human Capital Accumulation and the Macroeconomy in an Ageing Society
Heijdra, Ben J.; Reijnders, Laurie S. M. - CESifo - 2012
How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...
Persistent link: https://www.econbiz.de/10010877922
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Human Capital Mobility: Implications for Efficiency, Income Distribution, and Policy
Wildasin, David E. - CESifo - 2014
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010877955