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Bread and bullets
Akerlof, George A.; Snower, Dennis J. - 2016
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011422534
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Technology transfer and early industrial development : evidence from the Sino-Soviet Alliance
Giorcelli, Michela; Li, Bo - 2022
This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for building technologically advanced industrial facilities. We exploit idiosyncratic delays in project...
Persistent link: https://www.econbiz.de/10012806673
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Comrades in the family? : Soviet communism and informal family insurance
Costa-Font, Joan; Nicińska, Anna - 2020
We study the effect of exposure to communism (EC), a political-economic regime based on collectivist planning, on preferences for family supports, which we refer to as "informal family insurance". We exploit both cross-country and cohort variation in EC in a large sample of Central and Eastern...
Persistent link: https://www.econbiz.de/10012312212
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A theory of reciprocity
Falk, Armin; Fischbacher, Urs - 2001
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
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Competition and innovation in automobile markets
Ghosal, Vivek; Ni, Jiayao - 2015
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …
Persistent link: https://www.econbiz.de/10011342391
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Gender quotas, competitions, and peer review : experimental evidence on the backlash against women
Leibbrandt, Andreas; Wang, Liang Choon; Foo, Cordelia - 2015 - This version: 11 September 2015
This study experimentally investigates gender quotas in light of peer review. We investigate competitions with and without gender quotas and a peer review process that allows for sabotage. Our findings show that the possibility of peer sabotage renders the gender quota ineffective in encouraging...
Persistent link: https://www.econbiz.de/10011343764
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Team production in competitive labor markets with adverse selection
Siemens, Ferdinand von; Kosfeld, Michael - 2014
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team's performance and therefore on their colleagues' productivity. We study the...
Persistent link: https://www.econbiz.de/10010245995
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The impact of losing in a competition on the willingness to seek further challenges
Buser, Thomas - 2014
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010383874
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Where to look for the morals in markets?
Sutter, Matthias; Huber, Jürgen; Kirchler, Michael; … - 2016
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
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Salience, competition, and decoy goods
Herweg, Fabian; Müller, Daniel; Weinschenk, Philipp - 2016
competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …
Persistent link: https://www.econbiz.de/10011557863