This paper modifies a standard model of law enforcement to allow for learning by doing. We incorporate the process of … enforcement learning by assuming that the agency’s current marginal cost is a decreasing function of its past experience of … ability of future apprehension at a lower marginal cost. We focus on the impact of enforcement learning on optimal compliance …

We propose a dynamic efficiency wage model with learning by doing. By taking into account the change inthe stock of …

This paper highlights formally the interaction existing between the quality of institutional governance, the education … sector and economic growth. More fundamentally, we show how the quality of institutional governance matters in giving …

This paper is a theoretical introduction to modern governance of universities in developing countries. Indeed, adopting …

links between the quality of governance, financial development and economic development. The main theoretical predictions …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …

more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. …