Showing 1 - 10 of 106
Persistent link: https://www.econbiz.de/10009708862
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10002855848
Persistent link: https://www.econbiz.de/10002516229
Persistent link: https://www.econbiz.de/10001796438
Persistent link: https://www.econbiz.de/10012228123
Persistent link: https://www.econbiz.de/10011619968
Persistent link: https://www.econbiz.de/10013170036
We study the economic implications of regional favoritism, a form of distributive politics that redistributes resources geographically within countries. Using enterprise surveys from low- and middle-income countries, we document that firms located close to leaders' birthplaces grow substantially...
Persistent link: https://www.econbiz.de/10013255946
International humanitarian aid is pivotal in the response to natural disasters suffered by low-and middle-income countries. While its allocation has been shown to be influenced by donors' foreign policy considerations, power relations within recipient countries have not been addressed. This...
Persistent link: https://www.econbiz.de/10011846259
I first summarize and critically discuss the different normative views that are operational in the academic literature on education. Afterwards, I analyze how prioritarians would allocate resources in a dynamic model of skill formation and compare it to utilitarians and Rawlsians. I finish with...
Persistent link: https://www.econbiz.de/10012428939