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Dynamic decision-making without commitment is usually modelled as a game between the current and future selves of the decision maker. It has been observed that if the time-horizon is infinite, then such games may have multiple subgame-perfect equilibrium solutions. We provide a sufficient...
Persistent link: https://www.econbiz.de/10005645366
No abstract.
Persistent link: https://www.econbiz.de/10010818546
A people's culture, norms and habits are important determinants not just of the quality of social life but of economic progress and growth. In this paper we take the view that while the importance of culture is undeniable, the innateness of culture is not. We work here with a single example and...
Persistent link: https://www.econbiz.de/10005645285
We survey the literature on venture capital and institutions and present a case study comparing the development of the …
Persistent link: https://www.econbiz.de/10010945002
No abstract.
Persistent link: https://www.econbiz.de/10010611602
, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …
Persistent link: https://www.econbiz.de/10010643158
slow economic growth through different channels: expropriation of private wealth, corruption of civil servants, excessive …
Persistent link: https://www.econbiz.de/10005645396
No abstract.
Persistent link: https://www.econbiz.de/10010684524
No abstract.
Persistent link: https://www.econbiz.de/10010685073
No abstract.
Persistent link: https://www.econbiz.de/10010818335