Similar Search Results

The phantom of the opera: Cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2010

-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial …

Persistent link: https://www.econbiz.de/10010272646

Living in Two Neighborhoods : Social Interactions in the Lab

Falk, Armin; Fischbacher, Urs; Gächter, Simon - 2004

interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …

Persistent link: https://www.econbiz.de/10010262127

It's all about Connections: Evidence on Network Formation

Falk, Armin; Kosfeld, Michael - 2003

We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …

Persistent link: https://www.econbiz.de/10010262760

Relational Contracts and the Nature of Market Interactions

Brown, Martin; Falk, Armin; Fehr, Ernst - 2003

We provide evidence that long-term relationships between trading parties emerge endogenously in the absence of third party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without third party enforcement, the vast majority of trades are...

Persistent link: https://www.econbiz.de/10010261611

Who starts a business and who is self-employed in Germany

Fritsch, Michael; Kritikos, Alexander S.; Rusakova, Alina - 2012

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …

Persistent link: https://www.econbiz.de/10010282293

Cross-sectional earnings risk and occupational sorting: the role of risk attitudes

Bonin, Holger; Dohmen, Thomas; Falk, Armin; Huffman, David - 2006

This paper investigates whether risk preferences explain how individuals are sorted into occupations with different earnings variability. We exploit data from the German Socio-Economic Panel, which contains a subjective assessment of willingness to take risks whose behavioral relevance has been...

Persistent link: https://www.econbiz.de/10010267608

Choosing the Joneses : Endogenous Goals and Reference Standards

Knell, Markus; Falk, Armin - 2004

A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast findings from social...

Persistent link: https://www.econbiz.de/10010261901

Clean Evidence on Peer Pressure

Falk, Armin; Ichino, Andrea - 2003

While confounding factors typically jeopardize the possibility to use observational data to measure peer effects, field experiments offer the possibility to obtain clean evidence. In this paper we measure the output of four randomly selected groups of individuals who were asked to fill letters...

Persistent link: https://www.econbiz.de/10010261951

Performance pay and multi-dimensional sorting: productivity, preferences and gender

Dohmen, Thomas; Falk, Armin - 2006

This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …

Persistent link: https://www.econbiz.de/10010267618

Institutions and contract enforcement

Falk, Armin; Huffman, David; MacLeod, W. Bentley - 2008

We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...

Persistent link: https://www.econbiz.de/10010268924