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Inverse Probability Weighted Generalised Empirical Likelihood Estimators : Firm Size and R&D Revisited

Inkmann, J. - Tilburg University, Center for Economic Research - 2005

independent sample selection or attrition.The estimator is applied to the estimation of the firm size elasticity of product and … process R&D expenditures using a panel of German manufacturing firms, which is affected by attrition and selection into R … independent and conditionally independent sample selection.The results are similar in all specifications. …

Persistent link: https://www.econbiz.de/10011090314

Better Safe than Sorry? Ex Ante and Ex Post Moral Hazard in Dynamic Insurance Data

Abbring, Jaap H.; Chiappori, P.A.; Zavadil, T. - Tilburg University, Center for Economic Research - 2008

This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex ante moral hazard) and claim (ex post moral hazard) choices and Dutch longitudinal micro data. We use the theory to characterize the heterogeneous dynamic changes in incentives...

Persistent link: https://www.econbiz.de/10011090789

Competitive Pressure, Selection and Investments in Development and Fundamental Research

boone, jan - Tilburg University, Center for Economic Research - 1998

and development. It presents a new framework incorporating the selection effect of product market competition, the …

Persistent link: https://www.econbiz.de/10011091628

Trusting Privacy in the Cloud

Prüfer, Jens - Tilburg University, Center for Economic Research - 2014

. The cloud association simultaneously solves providers’ adverse selection problem and certifiers’ moral hazard problem. By …

Persistent link: https://www.econbiz.de/10011144432

How Does the Governance of Academic Faculties Affect Competition Among Them?

Prüfer, Jens; Walz, U. - Tilburg University, Center for Economic Research - 2009

We analyze competition among academic faculties for new researchers. The value to individual members through social interaction within the faculty depends on the average status of their fellow members. When competing for new members, existing members trade off the effect of entry on average...

Persistent link: https://www.econbiz.de/10011092619

Social Capital, Institutions and Trust

Nooteboom, B. - Tilburg University, Center for Economic Research - 2006

This paper analyzes the relations between social capital, institutions and trust.These concepts are full of ambiguity and confusion.This paper attempts to dissolve some of the confusion, by distinguishing trust and control, and analyzing institutional and relational conditions of trust.It...

Persistent link: https://www.econbiz.de/10011092754

Semi-Public Contests

Prüfer, Jens - Tilburg University, Center for Economic Research - 2009

The process of innovation is driven by two main factors: new inventions and institutions supporting the transformation of inventions into marketable innovations. This paper proposes a new institution, called a semi- public contest, that has been neglected by the economic literature but exists...

Persistent link: https://www.econbiz.de/10011092791

Business Associations and Private Ordering

Prüfer, Jens - Tilburg University, Center for Economic Research - 2012

Abstract: We study the capacity of business associations - private, formal, noncommercial organizations designed to promote the common business interests of their members - to support contract enforcement and collective action. Inspired by recent empirical literature, our theoretical framework...

Persistent link: https://www.econbiz.de/10011092916

Business Associations, Lobbying, and Endogenous Institutions

Prüfer, Jens; Larrain Aylwin, M.J. - Tilburg University, Center for Economic Research - 2014

Are business associations - private, formal, nonprofit organizations designed to promote the common interests of their members - positive or negative for the economy and overall welfare? Scholars from institutional and organizational economics, on the one side, and from industrial organization,...

Persistent link: https://www.econbiz.de/10011096861

Contracts and Insurance Group Formation by Myopic Players

Borm, Peter; Lazarova, E.A.; van Velzen, S. - Tilburg University, Center for Economic Research - 2005

This paper employs a cooperative approach to insurance group formation problems.The insurance group formation is analyzed in terms of stability with respect to one-person deviations.Depending on the exact contractual setting, three stability concepts are proposed: individual, contractual and...

Persistent link: https://www.econbiz.de/10011090669