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Evolution and the growth process : natural selection of entrepreneurial traits

Galor, Oded; Michalopulos, Stelios - 2012

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...

Persistent link: https://www.econbiz.de/10009530758

On market forces and human evolution

Saint-Paul, Gilles - 2002

This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces of natural selection are made weaker because trade allows people to specialize in those activities where they are strong, and to offset their weaknesses by purchasing adequate...

Persistent link: https://www.econbiz.de/10011414433

Initial luck, status-seeking and snowballs lead to corporate success and failure

Glazer, Amihai (contributor); Kanniainen, Vesa (contributor) - 2004

Corporate success often resembles a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and status-seeking by workers can make small initial differences generate large differences over time.

Persistent link: https://www.econbiz.de/10002526021

How Darwinian should an economy be?

Saint-Paul, Gilles - 2014

This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...

Persistent link: https://www.econbiz.de/10010440555

Hidden action, identification, and organization design

Schnedler, Wendelin - 2010

. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any … moral hazard models yields insights into optimal organization design, uncovers the reason why certain organization designs …-tasking problem. -- moral hazard ; hidden action ; implementation ; multi-tasking ; identification by organization design …

Persistent link: https://www.econbiz.de/10009303451

Monitoring costs, credit constraints and entrepreneurship

Banerji, Sanjay; Raj, Rajesh S. N.; Sen, Kunal - 2012

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

Persistent link: https://www.econbiz.de/10009548201

New directions in the analysis of inequality and poverty

Jenkins, Stephen (contributor); … - 2007

Over the last four decades, academic and wider public interest in inequality and poverty has grown substantially. In this paper we address the question: what have been the major new directions in the analysis of inequality and poverty over the last thirty to forty years? We draw attention to...

Persistent link: https://www.econbiz.de/10003597332

Household survey data for research on well-being and behavior in Central Asia

Brück, Tilman; Esenaliev, Damir; Kröger, Antje; … - 2012

This paper summarizes the micro - level survey evidence from Central Asia generated and analyzed between 1991 and 2012. We provide an exhaustive overview over all accessible individual and household - level surveys undertaken in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan -...

Persistent link: https://www.econbiz.de/10009680991

What do social scientists know about the benefits of marriage? : A review of quantitative methodologies

Ribar, David C. (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001896095

Selfish altruism, fierce cooperation and the emergence of cooperative equilibria from passing and shooting

Askitas, Nikos - 2014

There is continuing debate about what explains cooperation and self-sacrifice in nature and in particular in humans. This paper suggests a new way to think about this famous problem. I argue that, for an evolutionary biologist as well as a quantitative social scientist, the triangle of two...

Persistent link: https://www.econbiz.de/10010235846

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