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The use of lotteries is advocated to desegregate schools. We study lottery quotas embedded in the two most common school choice mechanisms, namely deferred and immediate acceptance mechanisms. Some seats are allocated based on merit (e.g., grades) and some based on lottery draws. We focus on the...
Persistent link: https://www.econbiz.de/10011932979
information on a task that is relevant for their social image or selfimage, a general knowledge test. I measure how this affects … the subsequent willingness to help the productivity of others by sharing knowledge with them at a personal cost. I find …
Persistent link: https://www.econbiz.de/10012290344
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10012141875
Persistent link: https://www.econbiz.de/10011853120
Our study analyzes the effect of the capital gains tax on the individual investment decisions of venture capitalists. By doing so, we are able to study the decisions for a sample of 76,852 funding rounds in 32 countries from 2000 to 2012. Our results support the predictions of the theoretical...
Persistent link: https://www.econbiz.de/10011932895
lack of evidence-based knowledge regarding different dimensions of innovation prevails. One important dimension that must … transactional costs. In that sense, many have argued that innovation can contribute to improve the public service quality and … consensus about the increase of management innovation practices over the last two decades. However, as in other countries, the …
Persistent link: https://www.econbiz.de/10012234234
with a currently inferior product opts for a large but risky innovation, whereas a currently superior product chooses a … smaller but certain innovation. …
Persistent link: https://www.econbiz.de/10012236072
In a patent thicket licensing provides a mechanism to either avoid or resolve hold up. We study the choice between ex ante licensing to avoid hold up and ex post licensing to resolve it. Firms’ choice of licensing contract is studied in the context of a patent portfolio race. We show that high...
Persistent link: https://www.econbiz.de/10010427751
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10010427765
. Results suggest that the incidence of leisure time invention is positively related to exposure to a variety of knowledge …
Persistent link: https://www.econbiz.de/10010427769