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A ranking method based on handicaps
Demange, Gabrielle - 2014
Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of 'experts' in different ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under consideration. This paper introduces a new method,...
Persistent link: https://www.econbiz.de/10010246005
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Flipping a coin : theory and evidence
Dwenger, Nadja; Kübler, Dorothea; Weizsäcker, Georg - 2014
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an …, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility … pattern that is also consistent with this theory and entails substantial allocative consequences. …
Persistent link: https://www.econbiz.de/10010340311
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Illusion of control and the pursuit of authority
Sloof, Randolph; Siemens, Ferdinand von - 2014
In a laboratory experiment, we measure subjects' willingness to pay for a transparently useless decision right … likelihood of receiving her preferred task if she rather than another participant makes the decision. Participants pay more to …
Persistent link: https://www.econbiz.de/10010347041
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Levelized product cost : concept and decision relevance
Reichelstein, Stefan; Rohlfing-Bastian, Anna - 2014
This paper examines a life-cycle cost concept that applies to both manufacturing and service industries in which upfront capacity investments are essential. Borrowing from the energy literature, we refer to this cost measure as the levelized product cost (LC). Per unit of output, the levelized...
Persistent link: https://www.econbiz.de/10010234531
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Combatting Covid-19 : on relative performance of the Indian States
Marjit, Sugata; Mukhopadhyay, Anish Kumar; Chatterjee, Medha - 2020
The purpose of this paper is to construct a relative performance index for the States in India in terms of their performance in combatting Covid-19 pandemic. The data is analyzed up to August, 2020, though the methodology used can be readily extended to update the index. The methodology can be...
Persistent link: https://www.econbiz.de/10012312116
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Nighttime lights as a proxy for human development at the local level
Brüderle, Mirjam Anna; Hodler, Roland - 2017
Nighttime lights are increasingly used by social scientists as a proxy for economic activity and economic development in subnational spatial units. However, so far, our understanding of what nighttime lights capture is limited. We construct local indicators of household wealth, education and...
Persistent link: https://www.econbiz.de/10011672453
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The KOF Globalisation Index : revisited
Gygli, Savina; Haelg, Florian; Potrafke, Niklas; Sturm, … - 2018
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006) and updated in Dreher et al. (2008). This second...
Persistent link: https://www.econbiz.de/10011954444
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Issue linkage and issue tie-in in multilateral negotiations
Conconi, Paola; Perroni, Carlo - 2001
We describe a model of international, multidimensional policy coordination where countries can enter into selective and separate agreements with different partners along different policy dimensions. The model is used to examine the implications of negotiation tie-in - the requirement that...
Persistent link: https://www.econbiz.de/10011400892
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The German UMTS design : insights from multi-object auction theory
Ewerhart, Christian; Moldovanu, Benny - 2002
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.
Persistent link: https://www.econbiz.de/10011409210
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How do migrants choose their destination country? : an analysis of institutional determinants
Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008
For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...
Persistent link: https://www.econbiz.de/10003805994