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On Austrian analysis of entrepreneurship and my own

Baumol, William J. - 2003

Persistent link: https://www.econbiz.de/10001836266

Liang, James - 2014

Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …

Persistent link: https://www.econbiz.de/10013047037

Bend it Like Beckham : Ethnic Identity and Integration

Bisin, Alberto - 2010

We propose a theoretical framework to study the determinants of ethnic and religious identity along two distinct motivational processes which have been proposed in the social sciences: cultural conformity and cultural distinction. Under cultural conformity, ethnic identity is reduced by...

Persistent link: https://www.econbiz.de/10013137015

Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets

Casella, Alessandra - 2012

We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...

Persistent link: https://www.econbiz.de/10013097274

Minorities and Storable Votes

Casella, Alessandra - 2009

The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...

Persistent link: https://www.econbiz.de/10012767511

What Does the Corporate Income Tax Tax? A Simple Model Without Capital

Kotlikoff, Laurence J. - 2010

The economics workings of the corporate income tax remain controversial. Harberger's seminal 1962 article viewed the tax as raising the cost of capital used to produce corporate goods. But corporate goods can be and generally are made by non-corporate firms, suggesting that the corporate tax...

Persistent link: https://www.econbiz.de/10013140993

Adverse Selection in Credit Markets and Regressive Profit Taxation

Scheuer, Florian - 2014

entrepreneurship. This gives rise to a corrective role for differential taxation of entrepreneurial profits and labor income. In …

Persistent link: https://www.econbiz.de/10013065398

The Geography of Crowdfunding

Agrawal, Ajay K. - 2014

Perhaps the most striking feature of "crowdfunding" is the broad geographic dispersion of investors in small, early-stage projects. This contrasts with existing theories that predict entrepreneurs and investors will be co-located due to distance-sensitive costs. We examine a crowdfunding setting...

Persistent link: https://www.econbiz.de/10013068501

Lack of Selection and Limits to Delegation : Firm Dynamics in Developing Countries

Akcigit, Ufuk - 2016

Managerial delegation is essential for firm growth. While firms in poor countries often shun outside managers and instead recruit among family members, the pattern is quite the opposite for firms in rich countries. In this paper, we ask whether these differences in managerial delegation have...

Persistent link: https://www.econbiz.de/10013000531

Contracting Over the Disclosure of Scientific Knowledge : Intellectual Property and Academic Publication

Gans, Joshua S. - 2016

This paper provides a theoretical investigation of the tension over knowledge disclosure between firms and their scientific employees. While empirical research suggests that scientists exhibit a "taste for science," such open disclosures can limit a firm's competitive advantage or ability to...

Persistent link: https://www.econbiz.de/10013007060