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The economics of debt clearing mechanisms

Börner, Lars; Hatfield, John William - 2010

We examine the evolution of decentralized clearinghouse mechanisms from the 13th to the 18th century; in particular, we explore the clearing of non- or limitedtradable debts like bills of exchange. We construct a theoretical model of these clearinghouse mechanisms, similar to the models in the...

Persistent link: https://www.econbiz.de/10010303905

Medieval matching markets

Börner, Lars; Quint, Daniel - 2010

This paper studies the market microstructure of pre-industrial Europe. In particular we investigate the institution of the broker in markets and fairs, and develop a unique data set of approximately 1100 sets of brokerage rules in 42 merchant towns in Central and Western Europe from the late...

Persistent link: https://www.econbiz.de/10010303906

Estimating medieval market integration: Evidence from exchange rates

Volckart, Oliver; Wolf, Nikolaus - 2004

In this paper we present a new method for estimating market integration under a commodity money system such as that which existed in Europe until the demise of the gold standard. The approach is based on the analysis of deviations between exchange rates and parity, which under conditions of a...

Persistent link: https://www.econbiz.de/10010306528

Anglo-Dutch premium auctions in eighteenth-century Amsterdam

van Bochove, Christiaan; Boerner, Lars; Quint, Daniel - 2012

This paper studies Anglo-Dutch premium auctions used in the secondary market for financial securities in eighteenth-century Amsterdam, Europe's financial capital at the time. An Anglo-Dutch premium auction consists of an English auction followed by a Dutch auction, with a cash premium paid to...

Persistent link: https://www.econbiz.de/10010308145

Wages and productivity growth in a dynamic oligopoly

Bester, Helmut; Milliou, Chrysovalantou; Petrakis, Emmanuel - 2009

This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output … incentives for innovation at subsequent dates. Over time the industry equilibrium approaches a steady state. The paper … characterizes the evolution of the industry's innovation behavior and its market structure on the adjustment path. …

Persistent link: https://www.econbiz.de/10010300018

Die Empfänger von Innovationsförderung: Ergebnisse einer Unternehmensbefragung in Niedersachsen

Mertins, Verena - 2008

In diesem Diskussionspapier werden die Ergebnisse einer im Mai/Juni 2007 durchgeführten Unternehmensbefragung im Raum Niedersachsen vorgestellt in Bezug auf die Fragestellung, ob sich Unternehmen, die Innovationsförderung erhalten, von nicht geförderten Unternehmen in Bezug auf generelle...

Persistent link: https://www.econbiz.de/10010266853

Innovationen im Kontext von Nachhaltigkeit

Krüger, Lukas; Bizer, Kilian - 2009

Innovationen sind das Kernelement des Überlebens und der Positionierung von Volkswirtschaften, da sie zur Befriedigung der Marktbedürfnisse beitragen. Vor dem Hintergrund knapper Ressourcen werden jedoch regelmäßig nur die Innovationen realisiert, die aus einer betriebswirtschaftlichen...

Persistent link: https://www.econbiz.de/10010271055

Agrivoltaics across the water-energy-food-nexus in Africa: Opportunities and challenges for rural communities in Mali

Cheo, Ambe Emmanuel; Adelhardt, Nora; Krieger, Tim; … - 2022

Small-scale, rain-fed subsistence agriculture and pastoralism represent the major activity for Africa. For Mali, this represents about 80% of the population employed by the agricultural sector and contributes to about 42% of the Gross domestic product (GDP). The overreliance on rainfall,...

Persistent link: https://www.econbiz.de/10013187825

Innovation / Knowledge Creation, Customer Integrationand Entering New Ventures

Enkel, Ellen; Gibbert, Michael; Makarevitch, Alexei; … - 2002

After the kick off workshop we see the need to cluster the mentioned topic that interrelate with each other. We have clustered the single topics discussed in the workshop in the following topics:(...)

Persistent link: https://www.econbiz.de/10005844667

Die Eignung der sächsischen Agglomerationsräume als Innovations- und Wachtumspole für die wirtschaftliche Entwicklung des Landes

Röhl, Klaus-Heiner - 2000

... Es wird der Frage nachgegangen, ob durch die räumliche Konzentration von FuE und Innovationsaktivitäten Synergieeffekte ausgelöst werden,die von den Zentren als Innovations- und Wachstumspole auf die Peripherie des Landes ausstrahlen.

Persistent link: https://www.econbiz.de/10005852133