Similar Search Results

The Influence of Irving Fisher on Milton Friedman's Monetary Economics

Bordo, Michael David; Rockoff, Hugh - National Bureau of Economic Research (NBER) - 2011

first on Fisher's influences in monetary theory (the quantity theory of money, the Fisher effect, Gibson's Paradox, the … monetary theory of business cycles, and the Phillips Curve, and empirics, e.g. distributed lags.). Then we discuss Fisher and …

Persistent link: https://www.econbiz.de/10009226780

A Model of Forum Shopping, with Special Reference to Standard Setting Organizations

Lerner, Josh; Tirole, Jean - National Bureau of Economic Research (NBER) - 2004

Owners of intellectual property or mere sponsors of an idea (e.g., authors, security issuers, sponsors of standards) often need to persuade potential buyers or adopters of the worth of their property or idea. To this purpose, they often resort to more or less independent certifiers. This paper...

Persistent link: https://www.econbiz.de/10005019429

Political Selection and Persistence of Bad Governments

Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2009

We study dynamic selection of governments under different political institutions, with a special focus on institutional "flexibility". A government consists of a subset of the individuals in the society. The competence level of the government in office determines collective utilities (e.g., by...

Persistent link: https://www.econbiz.de/10005037696

Hard Targets: Theory and Evidence on Suicide Attacks

Berman, Eli; Laitin, David - National Bureau of Economic Research (NBER) - 2005

Who chooses suicide attacks? Though rebels typically target poor countries, suicide attacks are just as likely to target rich democracies. Though many groups have grievances, suicide attacks are favored by the radical religious. Though rebels often kill coreligionists, they seldom use suicide...

Persistent link: https://www.econbiz.de/10005829597

Dynamics and Stability of Constitutions, Coalitions, and Clubs

Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2008

A central feature of dynamic collective decision-making is that the rules that govern the procedures for future decision-making and the distribution of political power across players are determined by current decisions. For example, current constitutional change must take into account how the...

Persistent link: https://www.econbiz.de/10005714421

"Hall of Fame" Voting: The Econometric Society

Hamermesh, Daniel; Schmidt, Peter - National Bureau of Economic Research (NBER) - 2001

We examine the determinants of election as Fellow of the Econometric Society, an example of voting within a group to confer honor on some members and perhaps achieve additional status for the entire group. Using data from annual elections from 1990-2000, we find that objective measures of...

Persistent link: https://www.econbiz.de/10005718779

Religious Identity and Economic Behavior

Benjamin, Daniel J.; Choi, James J.; Fisher, Geoffrey W. - National Bureau of Economic Research (NBER) - 2010

We randomly vary religious identity salience in laboratory subjects to test how identity salience contributes to six hypothesized links from prior literature between religious identity and economic behavior. We find that religious identity salience makes Protestants increase contributions to...

Persistent link: https://www.econbiz.de/10008615794

Academic Dynasties: Decentralization and Familism in the Italian Academia

Perotti, Roberto; Durante, Ruben; Labartino, Giovanna - National Bureau of Economic Research (NBER) - 2011

Decentralization can lead to "good" or "bad" outcomes depending on the socio-cultural norms of the targeted communities. We investigate this issue by looking at the evolution of familism and nepotism in the Italian academia before and after the 1998 reform, which decentralized the recruitment of...

Persistent link: https://www.econbiz.de/10009359917

Optimal Primaries

Holden, Richard; Hummel, Patrick - National Bureau of Economic Research (NBER) - 2013

We analyze a model of US presidential primary elections for a given party. There are two candidates, one of whom is a higher quality candidate. Voters reside in m different states and receive noisy private information about the identity of the superior candidate. States vote in some order, and...

Persistent link: https://www.econbiz.de/10010821672

On the Formation of Coalitions to Provide Public Goods - Experimental Evidence from the Lab

Lange, Andreas; Dannenberg, Astrid; Sturm, Bodo - National Bureau of Economic Research (NBER) - 2010

(coalitions) of players. International agreements serve as one example. This paper experimentally tests theory on the formation of … pessimistic conclusions from the theory: only few players form a coalition when the institution prescribes the full … internalization of mutual benefits of members. Contrary to theory, coalitions that try to reduce the free-riding incentives by …

Persistent link: https://www.econbiz.de/10008634661