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Which Institutions Encourage Entrepreneurs to Create Larger Firms?
Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - C.E.P.R. Discussion Papers - 2011
corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to … property rights. …
Persistent link: https://www.econbiz.de/10008854547
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Agglomeration and the Adjustment of the Spatial Economy
Combes, Pierre-Philippe; Duranton, Gilles; Overman, Henry G - C.E.P.R. Discussion Papers - 2005
We consider the literatures on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number...
Persistent link: https://www.econbiz.de/10005791290
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An empirical analysis of cellular demand in South Africa
Gasmi, Farid; Ivaldi, Marc; Recuero Virto, Laura - C.E.P.R. Discussion Papers - 2009
We analyze demand for prepaid cellular voice and short message service (SMS) in South Africa by means of a demand-and-supply structural model based on a multinomial specification fitted to a cross-sectional data set on Vodacom customers collected in 2005. We find that consumers are very...
Persistent link: https://www.econbiz.de/10005114282
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Economic Linkages Across Space
Overman, Henry G; Rice, Patricia; Venables, Anthony J - C.E.P.R. Discussion Papers - 2008
We develop a diagrammatic framework that can be used to study the economic linkages between regions or cities. Hitherto, such linkages have not been the primary focus of either the theoretical or empirical literatures. We use the framework to analyse the impact of shocks that occur in one region...
Persistent link: https://www.econbiz.de/10005666755
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Reason, Emotion and Information Processing in the Brain
Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 2007
Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...
Persistent link: https://www.econbiz.de/10005656356
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Penalty Shoot-Outs: Before or After Extra Time?
Carrillo, Juan D - C.E.P.R. Discussion Papers - 2006
This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...
Persistent link: https://www.econbiz.de/10005662167
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The Brain as a Hierarchical Organization
Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 2005
We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...
Persistent link: https://www.econbiz.de/10005662301
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Rackets, Regulation and the Rule of Law
Frye, Timothy; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2001
Governments that levy predatory regulation and provide few weak legal institutions draw businesses into the unofficial …, we find that retail shops face very high levels of predatory regulation and have frequent contacts with private … protection rackets. In addition, we show that higher levels of regulation are associated with weaker legal institutions and a …
Persistent link: https://www.econbiz.de/10005661996
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antràs, Pol - C.E.P.R. Discussion Papers - 2011
property-rights theory. Along the way, I develop novel theoretical results and also outline some of the key limitations of …
Persistent link: https://www.econbiz.de/10009320400
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Global Sourcing of a Complex Good
Van Biesebroeck, Johannes; Zhang, Lijun - C.E.P.R. Discussion Papers - 2011
We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...
Persistent link: https://www.econbiz.de/10009324256