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Financial returns to collecting rare political economy books
Ursprung, Heinrich W. - 2021
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
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Have macroeconomic models lost their connection with economic reality?
Veen, Tom van - 2020
Macroeconomic theory has developed into increasingly sophisticated mathematical models. In the words of Mankiw … the development of macroeconomic theory over the past 40 years. The focus is on the main lines of thinking and the story … changes in macroeconomic theory and that the current debates after the GFC will be the start of a more plural approach to …
Persistent link: https://www.econbiz.de/10012211109
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One chance in a million : altruism and the bone marrow registry
Bergstrom, Theodore C. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003598837
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Efficiency-morality trade-offs in repugnant transactions : a choice experiment
Elías, Julio; Lacetera, Nicola; Macis, Mario - 2016
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10011539004
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Nudging the nudger : a field experiment on the effect of performance feedback to service agents on increasing organ donor registrations
House, Julian; Lacetera, Nicola; Macis, Mario; Mažar, Nina - 2022
We conducted a randomized controlled trial involving nearly 700 customer-service representatives (CSRs) in a Canadian government service agency to study whether providing CSRs with performance feedback with or without peer comparison affected their subsequent organ donor registration rates....
Persistent link: https://www.econbiz.de/10013413486
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Household models : an historical perspective
Apps, Patricia (contributor); Rees, Ray (contributor) - 2007
Persistent link: https://www.econbiz.de/10003624695
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Please bring me the New York Times : on the European roots of richard Abel Musgrave
Sinn, Hans-Werner (contributor) - 2007
Persistent link: https://www.econbiz.de/10003499567
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Academic exclusion : some experiences
Hillman, Arye L.; Ursprung, Heinrich W. - 2016
We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...
Persistent link: https://www.econbiz.de/10011481205
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Central banking and crisis management from the perspective of Austrian business cycle theory
Schnabl, Gunther - 2016
The paper analyses the evolvement and effects of central bank crisis management since the mid 1980s based on a Hayek-Mises-Wicksell overinvestment framework. It is shown that, given that the traditional transmission mechanism between monetary policy and consumer price inflation has collapsed,...
Persistent link: https://www.econbiz.de/10011561161
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Another road to serfdom
Komlos, John - 2016
Friedrich Hayek's The Road to Serfdom is an influential book more than seventy years after its publication. This paper examines his arguments and finds that they come up short in many ways and suggests that we have taken "another road to serfdom". Hayek's mind was completely closed to the...
Persistent link: https://www.econbiz.de/10011497774