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fundamental tradeoff in organizing such activities. On the one hand, since creativity cannot be achieved by command and control or … creative talent. Procuring highly creative products in the market place, though, exposes the distributor to a fundamental risk …, distributors face the unavoidable winner's curse risk. Since this risk is, to a large extent, independent of the creative nature of …
Persistent link: https://www.econbiz.de/10012465399
on the depiction of risk and gender roles. Films that promote risk-taking sell more in entrepreneurial societies today …
Persistent link: https://www.econbiz.de/10014512074
followed sharply contrasting life cycles of creativity …
Persistent link: https://www.econbiz.de/10012462721
We review the growing literature on the political economy of immigration. First, we discuss the effects of immigration on a wide range of political and social outcomes. The existing evidence suggests that immigrants often, but not always, trigger backlash, increasing support for anti-immigrant...
Persistent link: https://www.econbiz.de/10013210107
We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...
Persistent link: https://www.econbiz.de/10014248001
Culture - the set of socially transmitted values and beliefs held by individuals - has important implications for a wide variety of economic outcomes. Both the causes and consequences of culture have been the subject of work in Historical Political Economy. I first outline several theories on...
Persistent link: https://www.econbiz.de/10013388867
Under what conditions does intergroup contact lead to conflict? We provide a novel answer to this question by highlighting the role of reputation mechanisms in sustaining cooperation. Reputational concerns can deter defection in one-time interactions within a group, but the informational content...
Persistent link: https://www.econbiz.de/10013388873
We analyze whether second-generation immigrants have different political preferences relative to observationally identical children of citizens in the host countries. Using data on individual voting behavior in 22 European countries between 2001 and 2017, we characterize each vote on a...
Persistent link: https://www.econbiz.de/10013388879
Moral universalism, the extent to which individuals exhibit similar altruism and trust towards in-group and out-group members, varies widely across societies. We test the hypothesis from anthropology that the requirements of transhumant pastoralism - a livelihood in which populations seasonally...
Persistent link: https://www.econbiz.de/10013334476
This paper shows that ethnically remote locations do not reap the full peace dividend from increased market access. Exploiting the staggered implementation of the US-initiated Africa Growth and Opportunity Act (AGOA) and using high-resolution data on ethnic composition and violent conflict for...
Persistent link: https://www.econbiz.de/10013537756