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Persistent link: https://www.econbiz.de/10003598838
technologies and skill distributions. We construct a link between our contest model and expected utility theory and exploit this … link to revisit important comparative statics results of contest theory and show how these can be overturned. Finally, we …
Persistent link: https://www.econbiz.de/10012138813
technologies and skill distributions. We construct a link between our contest model and expected utility theory and exploit this … link to revisit important comparative statics results of contest theory and show how these can be overturned. Finally, we …
Persistent link: https://www.econbiz.de/10012434408
Since the middle of the 1980s many European countries have reduced the strictness of their employment protection mainly by relaxing it for temporary jobs. These countries are Belgium, Denmark, Germany, Greece, Italy, the Netherlands, Portugal, Spain and Sweden. The article explores the...
Persistent link: https://www.econbiz.de/10003897340
In several countries, students who fail end-of-high-school high-stakes exams are faced with the choice of retaking them or forgoing postsecondary education. We explore exogenous variation generated by a 2006 policy that imposed a performance threshold for admission into postsecondary education...
Persistent link: https://www.econbiz.de/10012938965
Persistent link: https://www.econbiz.de/10003623930
Socio-economic criteria for climate projects have been used in analysing the value of the climate benefit of a reduction in CO2. These reports are optimistic, yet CCS demonstration plants are not implemented as expected. Little attention has been devoted to profitability assessments based on...
Persistent link: https://www.econbiz.de/10010223461
, agents can either decide rationally according to expected utility theory or intuitively according to case-based decision … theory. Rational decisions are more precise but create higher costs, though these costs may decrease over time. We find that …
Persistent link: https://www.econbiz.de/10010464891
There is a planning gap for CCS projects in Europe. CCS demonstration plants are not implemented as expected. This fact is at odds with optimistic valuation reports that apply socio-economic valuation criteria for climate projects. However, CCS plants are in most cases to be implemented by...
Persistent link: https://www.econbiz.de/10010393639
-with-evaluation-errors theory that incorporates both dimensions and delivers sharp empirical predictions about their effect on choice behavior. We …
Persistent link: https://www.econbiz.de/10012602341