Showing 1 - 10 of 21
entrepreneurial behavior considered: entry into entrepreneurship, performance outcomes, and exit from entrepreneurship. This … literature shows common results and many points of disagreement, reflective of the heterogeneous nature of entrepreneurship. We …
Persistent link: https://www.econbiz.de/10012453616
We examine the relationship between house prices and entrepreneurship using micro data from the US Census Bureau …. Increases in house prices are often thought to drive entrepreneurship through unlocking the collateral channel for bank loans … effects (i.e., that people with more valuable homes are more likely to enter entrepreneurship for reasons other than access to …
Persistent link: https://www.econbiz.de/10012457210
Entrepreneurship research is on the rise but many questions about its fundamental nature still exist. We argue that … entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed and unknowable until an investment is …
Persistent link: https://www.econbiz.de/10012458309
heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs …
Persistent link: https://www.econbiz.de/10012458795
Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...
Persistent link: https://www.econbiz.de/10012464542
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...
Persistent link: https://www.econbiz.de/10012467002
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...
Persistent link: https://www.econbiz.de/10012458207
We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...
Persistent link: https://www.econbiz.de/10012460087
While intergenerational transmission of entrepreneurship is a well-known regularity, we hypothesize that in a …
Persistent link: https://www.econbiz.de/10012496100