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~source:"econstor"
~subject:"Theorie"
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1
Losing face
Hugh-Jones, David
;
Reinstein, David
-
2010
offers and ineffeciency in markets that involve
matching
, discrete transactions, and offers/proposals in both directions …
Persistent link: https://www.econbiz.de/10010281660
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2
Human Capital Mismatches along the Career Path
Nedelkoska, Ljubica
;
Neffke, Frank
-
2010
Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational switches. Current occupational distance measures...
Persistent link: https://www.econbiz.de/10010281656
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3
Causal inference by independent component analysis with applications to micro- and macroeconomic data
Moneta, Alessio
;
Entner, Doris
;
Hoyer, Patrik
;
Coad, Alex
-
2010
Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...
Persistent link: https://www.econbiz.de/10010269741
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4
Lasso-type and heuristic strategies in model selection and forecasting
Savin, Ivan
;
Winker, Peter
-
2012
Several approaches for subset recovery and improved forecasting accuracy have been proposed and studied. One way is to apply a regularization strategy and solve the model selection task as a continuous optimization problem. One of the most popular approaches in this research field is given by...
Persistent link: https://www.econbiz.de/10010291802
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5
Heuristic and exact solutions to the inverse power index problem for small voting bodies
Kurz, Sascha
;
Napel, Stefan
-
2012
Power indices are mappings that quantify the influence of the members of a voting body on collective decisions a priori. Their nonlinearity and discontinuity makes it difficult to compute inverse images, i.e., to determine a voting system which induces a power distribution as close as possible...
Persistent link: https://www.econbiz.de/10010291806
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6
Absorptive capacity and innovation: When is it better to cooperate?
Egbetokun, Abiodun A.
;
Savin, Ivan
-
2012
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823
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7
Minimum participation rules with heterogeneous countries
Weikard, Hans-Peter
;
Wangler, Leo
;
Freytag, Andreas
-
2009
Almost all international environmental agreements include a minimum participation rule. Under such a rule an agreement becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a cartel game with open membership and heterogeneous...
Persistent link: https://www.econbiz.de/10010330092
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8
The political economy of international environmental agreements: A survey
Wangler, Leo
;
Altamirano-Cabrera, Juan-Carlos
;
Weikard, …
-
2011
This paper surveys the recent literature on the political economy of the formation of international environmental agreements. The survey covers theoretical modelling approaches and empirical studies including experimental work. Central to our survey is the question how the political process...
Persistent link: https://www.econbiz.de/10010331077
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9
Knowledge and its economic characteristics: a conceptual clarification
Witt, Ulrich
;
Brökel, Tom
;
Brenner, Thomas
-
2007
This paper discusses several features of knowledge that are often considered crucial for characterizing the economic significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has public or private good character. It is argued...
Persistent link: https://www.econbiz.de/10010263788
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10
Loss aversion and mental accounting: the favorite longshot bias in parimutuel betting
Qiu, Jianying
-
2007
Parimutuel betting markets are simplified financial markets, and can thus provide a clearer view of pricing issues which are more complicated elsewhere. Though empirical studies generally conclude that the parimutuel betting markets are surprisingly efficient, it is also found that for horses...
Persistent link: https://www.econbiz.de/10010263792
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