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Community Enterprises : an institutional innovation

Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - 2011

Management research has long focused on the theory of the firm, studying for-profit organizations that produce … organizational theory, innovation economics, and industrial organization should therefore be critically examined. -- theory of the … firm ; organization theory ; for-profit firms ; community enterprise ; Wikipedia …

Persistent link: https://www.econbiz.de/10009124215

An elementary theorem on gains from virtual trade

Marjit, Sugata; Yang, Lei - 2020

Virtual markets allow consumers to save time costs to purchase goods and services. Countries lose relative to the conventional welfare gain when they increase consumption of non-virtual goods under free trade. We include the classical gains from trade theorem as a special case. For two identical...

Persistent link: https://www.econbiz.de/10012315944

Can integrity replace institutions? : theory and evidence

Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009

Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts...

Persistent link: https://www.econbiz.de/10003872201

The dynamic interplay of inequality and trust : an experimental study

Greiner, Ben (contributor); Ockenfels, Axel (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003624788

Cross-racial envy and underinvestment in South Africa

Haile, Daniel (contributor); Sadrieh, Abdolkarim (contributor) - 2006

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such...

Persistent link: https://www.econbiz.de/10003301019

Social capital and crises with an application to Iceland

Thorvaldur Gylfason - 2015

Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...

Persistent link: https://www.econbiz.de/10011288794

The nature of conflict

Arbath, Cemal Eren; Ashraf, Quamrul H.; Galor, Oded - 2015

This research establishes that the emergence, prevalence, recurrence, and severity of intrastate conflicts in the modern era reflect the long shadow of prehistory. Exploiting variations across national populations, it demonstrates that genetic diversity, as determined predominantly during the...

Persistent link: https://www.econbiz.de/10011309623

The power of religious organizations in human decision processes : analyzing voting behavior

Torgler, Benno; Stadelmann, David; Portmann, Marco - 2013

In Switzerland, two key church institutions - the Conference of Swiss Bishops (CSB) and the Federation of Protestant Churches (FPC) - make public recommendations on how to vote for certain referenda. We leverage this unique situation to directly measure religious organizations ́power to shape...

Persistent link: https://www.econbiz.de/10010223454

Dubious versus trustworthy faces : what difference does it make for tax compliance?

Konrad, Kai A.; Lohse, Tim; Qari, Salmai - 2013

We find experimental evidence that the decision problem of tax compliance changes if subjects ́declarations are not randomly assessed, but is based on their appearance as captured by pictures of their faces, even if the aggregate audit probability does not change. Some subjects may fear that...

Persistent link: https://www.econbiz.de/10009786030

Controlling product risks when consumers are heterogeneously overconfident : producer liability vs. minimum quality standard regulation

Baniak, Andrzejj; Grajzl, Peter - 2014

Contributing to the literature on the consequences of behavioral biases for market outcomes and institutional design, we contrast producer liability and minimum quality standard regulation as alternative means of social control of product-related torts when consumers are heterogeneously...

Persistent link: https://www.econbiz.de/10010413791

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