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Instruments of Development : Randomization in the Tropics, and the Search for the Elusive Keys to Economic Development
Deaton, Angus - 2010
There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues, or of development agencies to learn from their own experience. In...
Persistent link: https://www.econbiz.de/10012757925
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Contracting with Synergies
Edmans, Alex - 2011
reduces a colleague's marginal cost of effort, and synergy to be the sum of the (unidimensional) influence parameters across a … depends only on total synergy and not individual influence parameters. An increase in synergy raises total effort and total … synergistic agents. An increase in the synergy between two agents can lead to the third agent being excluded from the team, even …
Persistent link: https://www.econbiz.de/10013118246
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Busy Directors : Strategic Interaction and Monitoring Synergies
Ljungqvist, Alexander - 2017
We derive conditions for when having a “busy” director on the board is harmful to shareholders and when it is beneficial. Our model allows directors to condition their monitoring choices on their co-directors' choices and to experience positive or negative monitoring synergies across firms....
Persistent link: https://www.econbiz.de/10012946482
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Synergizing Ventures
Akcigit, Ufuk - 2019
Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup's likelihood of reaching the right tails of the firm size and...
Persistent link: https://www.econbiz.de/10012863701
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A Dynamic Theory of Resource Wars
Acemoglu, Daron - 2011
We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The interaction between the scarcity of resources and the incentives for war in the presence of limited commitment is at the center of our theory. We show that a key parameter...
Persistent link: https://www.econbiz.de/10013131444
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Stopping Suicide Attacks : Optimal Strategies and Unintended Consequences
McBride, Michael T. - 2010
Governments fighting terrorists have many tactical options, yet these options often yield unintended and counterproductive consequences. This paper models a terrorist organization, a religious group from which the terrorists recruit suicide bombers, and the society in which the terrorists are...
Persistent link: https://www.econbiz.de/10013134861
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The Empiricists' Insurgency
Berman, Eli - 2015
Research on insurgency has been invigorated this past decade by better data, improved methods, and the urgency of understanding active engagements in Iraq and Afghanistan. This empiricists' insurgency reinforces a classic literature on the essential role of civilians while challenging older...
Persistent link: https://www.econbiz.de/10013024876
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Can Hearts and Minds Be Bought? The Economics of Counterinsurgency in Iraq
Berman, Eli; Shapiro, Jacob N.; Felter, Joseph - 2021
We develop and test an economic theory of insurgency motivated by the informal literature and by recent military doctrine. We model a three-way contest between violent rebels, a government seeking to minimize violence by mixing service provision and coercion, and civilians deciding whether to...
Persistent link: https://www.econbiz.de/10013313269
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Why Do People Volunteer? An Experimental Analysis of Preferences for Time Donations
Brown, Alexander L. - 2013
Why do individuals volunteer their time even when recipients receive far less value than the donor's opportunity cost? Previous models of altruism that focus on the overall impact of a gift cannot rationalize this behavior, despite its prevalence. We develop a model that relaxes this assumption,...
Persistent link: https://www.econbiz.de/10013081507
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Crowding in with Impure Altruism : Theory and Evidence from Volunteerism in National Parks
Kotchen, Matthew - 2019
This paper makes three contributions to the literature on private provision of public goods. First, we identify limitations of the frequently used specification test that distinguishes between the standard models of pure and impure altruism based on the extent of crowding out. While the...
Persistent link: https://www.econbiz.de/10012859684