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Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors … worked in technologies that were more central within the innovation network. We offer a new approach for measuring the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network …
Persistent link: https://www.econbiz.de/10015051728
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents … over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit … significant biases in favor of girls and against African-American babies. A non-African-American baby relinquished for adoption …
Persistent link: https://www.econbiz.de/10003935222
This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be multiple equilibria diering not only in divorce rates...
Persistent link: https://www.econbiz.de/10011399734
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010227229
In the United States child adoption costs vary considerably, ranging from no out-of-pocket expense to $50,000 or more …. What are the underlying causes for the variability in child adoption expenses? While cost variability is widely … adoption cost differentials are determined by adoptive parent preferences for adoptive child characteristics. We administered a …
Persistent link: https://www.econbiz.de/10009388358
Why do some U.S. states have higher levels of marital formation than others? This paper introduces an economic model wherin a state s representative individual may choose to marry in order to diversify his or her idiosyncratic income risk. The paper demonstrates that such a diversification...
Persistent link: https://www.econbiz.de/10011409730
adoption significantly and improves student achievement. Our surveys show automatic enrollment is uncommon because its impact …
Persistent link: https://www.econbiz.de/10011747457
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10008697819
Persistent link: https://www.econbiz.de/10003497617
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009239488