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Hübler, Olaf; Menkhoff, Lukas - 2010

Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile...

Persistent link: https://www.econbiz.de/10003940519

Compensation in personal injury cases : mean or median income?

Danziger, Leif; Katz, Eliakim - 2019

Courts typically base compensation for loss of income in personal injury cases on either mean or median work income. Yet, quantatively, mean and median incomes are typically very different. For example, in the US median income is 65 percent of mean income. In this paper we use economic theory to...

Persistent link: https://www.econbiz.de/10012034365

The economics of credence goods : on the role of liability, verifiability, reputation and competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. -- Credence goods ; experiment ; liability ; verifiability ; reputation …

Persistent link: https://www.econbiz.de/10003814341

Producer protection legislation and termination damages in the presence of contracting frictions

Wu, Steven - 2009

This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...

Persistent link: https://www.econbiz.de/10003894440

Losers and losers : some demographics of medical malpractice tort reforms

Friedson, Andrew I.; Kniesner, Thomas J. - 2011

Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort...

Persistent link: https://www.econbiz.de/10009379672

The role of lawyer-legislators in shaping the law : evidence from voting behavior on tort reforms

Matter, Ulrich; Stutzer, Alois - 2015

Attorneys elected to the US Congress and to US state legislatures are systematically less likely to vote in favor of tort reforms that restrict tort litigation, but more likely to support bills that extend tort law than legislators with a different professional background. This finding is based...

Persistent link: https://www.econbiz.de/10010488138

How do insurers price medical malpractice insurance?

Black, Bernard S.; Traczynski, Jerey; Udalova, Victoria - 2022

Liability Monitor over 1990 to 2017. A number of core findings are not easily explained by standard economic theory. First, we …

Persistent link: https://www.econbiz.de/10013272267

League-table incentives and price bubbles in experimental asset markets

Cheung, Stephen L.; Coleman, Andrew - 2011

We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant's portfolio is periodically evaluated at market value and ranked in a league table according to short-term paper returns. Those who rank highly attract...

Persistent link: https://www.econbiz.de/10009306962

More female manager hires through more female managers? : evidence from Germany

Bossler, Mario; Mosthaf, Alexander; Schank, Thorsten - 2016

This paper investigates if there is state dependence in the gender composition of managers in German establishments. We analyze whether the number of hired female managers (respectively the share of females within hired managers) depends on the past hiring decisions of an establishment. Using...

Persistent link: https://www.econbiz.de/10011543232

Determinants of regional differences in rates of overeducation in Europe

Davia Rodríguez, María Angeles; McGuinness, Séamus; … - 2016

This paper examines the factors determining variations in spatial rates of overeducation. A quantile regression model has been implemented on a sample of region-yearly data drawn from the EU Survey on Income and Living Conditions (EU-SILC) and several institutional and macroeconomic features...

Persistent link: https://www.econbiz.de/10011543640

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