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The dilemmas that may encounter entrepreneurship result of an expected conflict between VCs and entrepreneur … significant gap in research, which focus on possible resolution of relationship conflict between the entrepreneurs and venture …
Persistent link: https://www.econbiz.de/10011260079
This non-technical contribution to the RWER-Blog deals with the interrelations of market clearing, efficient information processing through the price system, and distribution. The point of entry is a transparent example of Pareto-efficiency taken from the popular book How Markets Fail.
Persistent link: https://www.econbiz.de/10011260221
If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices don't change. We study a situation where producers adjust the quantity per...
Persistent link: https://www.econbiz.de/10011260353
Increasing evidence shows that ICT investment improves firm performance. Among the many explanations on why ICT contributed to labor productivity surge since 1990, this is the most promising one. It is thus necessary to take the firm as an information processing organization, putting it in...
Persistent link: https://www.econbiz.de/10004961526
in information processing to a Bayesian decision-theory model and explore its consequences in terms of decisions and … payoffs. I show that in monotone decision problems economic agents with more positive-responsive information structures are …
Persistent link: https://www.econbiz.de/10005619640
to test his game-theoretic model—the Conflict Expectations Model--of sanctions behavior. The model purports to help …
Persistent link: https://www.econbiz.de/10011258585
This paper argues that natural resources in the past have been falsely identified as a cause of civil conflict onset …. The idea that natural resources spur conflict has reached a certain degree of acceptance among scholars and policy makers …
Persistent link: https://www.econbiz.de/10011260024
The paper presents an alternative narrative to the what led to conflict in the once peaceful Swat Valley in Pakistan …. The widely discussed view has been that Talibanization is what led to the conflict but this paper argues that it was in … fact bad governance over a period of time that led to this conflict by creating an environment where a governance vacuum …
Persistent link: https://www.econbiz.de/10009386704
This paper provides an economic framework to analyze the relationship between nationalistic sentiments and international trade. Nationalistic sentiments respond to economic interests, and in particular they vary according to the relative importance of the domestic market to local economies....
Persistent link: https://www.econbiz.de/10009647309
Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10009647311