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Bread and Bullets
Akerlof, George A. - 2016
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10012999037
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Social Networks
de Martí, Joan - 2009
We survey the literature on social networks by putting together the economics, sociological and physics … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … not explain why they emerge. On the contrary, the economics approach is very precise in explaining why networks emerge but …
Persistent link: https://www.econbiz.de/10013153178
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Delinquent Networks
Ballester, Coralio - 2009
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...
Persistent link: https://www.econbiz.de/10012763925
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Peer Effects and Social Networks in Education
Calvo-Armengol, Antoni; Patacchini, Eleonora; Zenou, Yves - 2021
This paper studies whether structural properties of friendship networks affect individual outcomes in education. We … adolescent friendship networks. We show that, after controlling for observable individual characteristics and unobservable …
Persistent link: https://www.econbiz.de/10013324756
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Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options
Hennig‐Schmidt, Heike - 2013
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10013074889
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Dynamics of Intrahousehold Bargaining
Andaluz, Joaquin; Marcén, Miriam; Molina, Jose Alberto - 2021
This paper studies the dynamics of bargaining in an intrahousehold context. To explore long-term partner relationships, we analyse bilateral bargaining by considering that spouses take decisions sequentially. We conclude that a greater valuation of the present, rather than the future, for the...
Persistent link: https://www.econbiz.de/10013324912
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Foreign Investment, Corporate Ownership, and Development : Are Firms in Emerging Markets Catching Up to the World Standard?
Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - 2021
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10013318782
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The Impact of Teams on Output, Quality and Downtime:An Empirical Analysis Using Individual Panel Data
Jones, Derek C.; Kato, Takao - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
To investigate the size and the timing of the direct impact of participatory arrangements onbusiness performance, we assemble and analyze extraordinary daily data – for rejection,production and downtime rates for all operators in a single plant during a 35 month period,more than 77,000...
Persistent link: https://www.econbiz.de/10005862585
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Literacy Traps : Society-Wide Education and Individual Skill Premia
Atal, Vidya - 2009
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher skills because others are not high-skilled. The model sheds light on educational policy. It is...
Persistent link: https://www.econbiz.de/10012764476
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The French Productivity Puzzle
Askenazy, Philippe - 2015
Since 2008, France experiences a sharp productivity slowdown. Both output per hour and total factor productivity are particularly deceptive in the market economy. This recent trend contrasts with the acceleration of productivity during the previous crisis in the 1990's and the continuous...
Persistent link: https://www.econbiz.de/10013016310