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Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment which we test on data from tailors in Burkina Faso. The empirical results support the idea that there are two behavioural patterns: entrepreneurs following an 'insurance regime'...
Persistent link: https://www.econbiz.de/10010627850
How does international integration affect the welfare state? Does it call for a leaner or an expanded welfare state? International integration may affect the distortions caused by welfare state activities but also the risks motivating social insurance mechanisms. This paper addresses these...
Persistent link: https://www.econbiz.de/10005822577
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10010884320
migrants form social links among them and the extent to which this network provides them with material support along three …
Persistent link: https://www.econbiz.de/10010959753
nominations. Such rent-seeking results in excessive network formation. Political parties may reduce wasteful network formation …
Persistent link: https://www.econbiz.de/10005233818
-in-means model where each individual has his own specific reference group. Interactions are thus structured through a social network … exogenous effects are generally identified under network interaction, although identification may fail for some particular … structures. Monte Carlo simulations provide an analysis of the effects of some crucial characteristics of a network (i …
Persistent link: https://www.econbiz.de/10005233912
networks. These results imply that social network considerations might be important for fertility decisions. …
Persistent link: https://www.econbiz.de/10009652096
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not … friction affects network formation, while the second coordination friction affects network clearing. We show that those … that can arise and the number of matches on a given network. Equilibria that exhibit wage dispersion are inefficient in …
Persistent link: https://www.econbiz.de/10009225759
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10009403395
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008558948