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This study investigates boards of (non-executive) directors and whether employee representation has a positive effect on gender diversity on boards. We exploit rich, newly assembled board–director matched panel data for Norway and Germany, which contain unique information on whether a director...
Persistent link: https://www.econbiz.de/10013470336
For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that “proper” models result in mathematical intractabilty, while none of the proposed...
Persistent link: https://www.econbiz.de/10011307126
endogenously over time through experience effects, tenure effects and quits to better paid employment. This equilibrium approach …
Persistent link: https://www.econbiz.de/10010274781
This paper studies the equilibrium effects of local fiscal autonomy accounting for benefits from self-determination. It … proposes a quantifiable structural equilibrium framework in which imperfectly mobile heterogeneous households sort themselves …
Persistent link: https://www.econbiz.de/10012799745
This paper investigates how the presence of social capital affects the externality arising from status-seeking preference as a parable for inefficient antagonistic behavior. It is assumed that the stock of social capital is accumulating through joint social interaction between rational...
Persistent link: https://www.econbiz.de/10011794159
favourable for the long-living individuals, represent an equilibrium. …
Persistent link: https://www.econbiz.de/10010315287
is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is … upon the induced behavioral changes and equilibrium effects. The framework thus complements the insights provided by …
Persistent link: https://www.econbiz.de/10012908690
We develop a model of international trade with a monopsonistically competitive labour market in which firms employ skilled labour for headquarter tasks and unskilled workers to conduct a continuum of production tasks. Firms can enter foreign markets through exporting and through offshoring, and...
Persistent link: https://www.econbiz.de/10012865164
We examine tippy network markets that accommodate price discrimination. The analysis shows that when a mild equilibrium … refinement, the monotonicity criterion, is adopted, network competition may have a unique subgame-perfect equilibrium regarding … larger dominant value margin may always sell to all customers in equilibrium. Such a market outcome is not always socially …
Persistent link: https://www.econbiz.de/10013291317
(high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the …
Persistent link: https://www.econbiz.de/10012830992