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In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on future investment behaviour in public good settings. Our models build on the idea that voluntary contributions to the supply of a public good might be...
Persistent link: https://www.econbiz.de/10010296778
Until recently "deceleration" has been little recognized as a technical term, or as an idea. However, it seems to be getting more attention now. For example the German magazine STERN dedicated a cover story to deceleration, in the Anglo-American world the "Quiet Life Hypothesis" is gaining...
Persistent link: https://www.econbiz.de/10010296790
Until recently "deceleration" has been little recognized as a technical term or as an idea, but now it seems to be getting more attention. Despite time is a decisive factor for the productivity and competitive advantages of companies continual acceleration may well be counter-productive and lead...
Persistent link: https://www.econbiz.de/10010296817
fortschreiten? Die Theoretiker können verfolgen, woher der Konflikt stammt. Wenn ihnen die Formulierung einer abstrakten Theorie … der Handlungsökonomie illustriert. Damit die entstehende abstrakte Theorie auch als Fortschritt gewertet werden kann, wird …
Persistent link: https://www.econbiz.de/10010305412
Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poissonmodel of endogenous business cycles and growth is presented where the determinants of...
Persistent link: https://www.econbiz.de/10010305425
In dem vorliegenden Papier wird untersucht, inwieweit Verbraucherschutz und der Informationsstand von Konsumenten einen Einfluss auf die Entwicklung einer Industrie haben. Hierzu wird das evolutorische Simulationsmodell von Winter (1984) um einen explizit modellierten Konsumsektor in Anlehnung...
Persistent link: https://www.econbiz.de/10010305444