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Why the Marriage Squeeze Cannot Cause Dowry Inflation

Anderson, K.S. - Tilburg University, Center for Economic Research - 2000

`marriage squeeze', a population increase leads to an excess supply of brides since men marry younger women.As a result, dowry … payments rise in order to clear the marriage market.The explanation is essentially static; unmarried brides do not re-enter the … marriage market.This paper demonstrates that the marriage squeeze argument cannot explain dowry inflation in a proper dynamic …

Persistent link: https://www.econbiz.de/10011091293

The Economics of Dowry Payments in Pakistan

Anderson, K.S. - Tilburg University, Center for Economic Research - 2000

Although there are numerous studies of the dowry phenomenon in India, research pertaining to the custom in the rest of South Asia is sparse.The aim of this paper is to study dowry payments in Pakistan.Several interpretations for dowry are distinguished using a simple theoretical framework and...

Persistent link: https://www.econbiz.de/10011091513

Why Dowry Payments Declined With Modernisation in Europe but are Rising in India

Anderson, K.S. - Tilburg University, Center for Economic Research - 2001

In contrast to most dowry oriented societies where payments have declined with modernisation, those in India have undergone significant inflation over the last five decades.This paper explains the difference between these two experiences by focusing on the role played by caste.The theoretical...

Persistent link: https://www.econbiz.de/10011092377

Law and Behaviours in Social Dilemmas : Testing the Effect of Obligations on Cooperation

Galbiati, R.; Vertova, P. - Tilburg University, Center for Economic Research - 2005

Laws consist of two components: the 'obligations' they express and the 'incentives' designed to enforce them.In this … social dilemmas.The results show that, for given marginal incentives, different levels of minimum contribution required by …

Persistent link: https://www.econbiz.de/10011090423

Divestment, Entrepreneurial Incentives and the Decision to go Public

Wagner, Wolf - Tilburg University, Center for Economic Research - 2002

This paper develops a theory of the life cycle of the firm based on incentive constraints.The optimal sale of the firm is restricted by entrepreneurial moral hazard and a lack of commitment regarding future divestment.This leads to a dynamic inefficiency that causes the entrepreneur to delay and...

Persistent link: https://www.econbiz.de/10011090551

Market Structure and Technology Diffusion Incentives under Alternative Environmental Policy Schemes

de Vries, F.P. - Tilburg University, Center for Economic Research - 2004

Persistent link: https://www.econbiz.de/10011090972

Effort and Selection Effects of Incentive Contracts

Bouwens, Jan; van Lent, L.A.G.M. - Tilburg University, Center for Economic Research - 2003

performance measures used in the contract.We also find that the power of incentives in the contract is only indirectly related to …

Persistent link: https://www.econbiz.de/10011091091

Is Leverage Effective in Increasing Performance Under Managerial Moral Hazard?

Calcagno, R. - Tilburg University, Center for Economic Research - 2000

We consider a model in which the principal-agent relation between inside shareholders and the management affects the firm value.We study the effect of financing the project with risky debt in changing the incentive for a risk-neutral shareholder (the principal) to implement the project-value...

Persistent link: https://www.econbiz.de/10011091167

Can Racially Unbiased Police Perpetuate Long-Run Discrimination?

Bunzel, H.; Marcoul, P. - Tilburg University, Center for Economic Research - 2003

We develop a stylized dynamic model of highway policing in which a non-racist police officer is given incentives to … fair one and the gap increases when incentives are made more powerful.We then study this rate when policemen are provided …

Persistent link: https://www.econbiz.de/10011091482

Sustainability and Substitution of Exhaustible Natural Resources : How Resource Prices Affect Long-Term R&D Investments

Smulders, Sjak; Bretschger, L. - Tilburg University, Center for Economic Research - 2003

Traditional resource economics has been criticised for assuming too high elasticities of substitution, not observing material balance principles and relying too much on planner solutions to obtain long-term growth.By analysing a multi-sector R&D based endogenous growth model with exhaustible...

Persistent link: https://www.econbiz.de/10011091935