Showing 1 - 10 of 83
Over the last decade, there have been vast improvements in surveillance technology and the availability, storage, and mining of personal information online, supported by developments in big data analytics. This has created a public policy conundrum over balancing the benefits of big data with...
Persistent link: https://www.econbiz.de/10012966612
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10011452600
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10010284102
This paper examines how the General Data Protection Regulation (GDPR) can be used to address procedural problems faced by platform workers, including opaque rating systems, arbitrary account suspension and nonpayment, and uncommunicative clients and platform operators. GDPR provides workers with...
Persistent link: https://www.econbiz.de/10014565930
This paper integrates the problem of designing corporate bank-ruptcy rules into a theory of optimal debt structure. We show that, in an incomplete-contracts framework with imperfect renegotiation, having multiple creditors increases a firms debt capacity while increasing its incentives to...
Persistent link: https://www.econbiz.de/10005858759
Can providing information to potential migrants influence their decisions about risky and irregular migration? We conduct an experiment with over 7,000 secondary school students in Guinea, providing information through video testimonials by migrants who settled in Europe and through aggregate...
Persistent link: https://www.econbiz.de/10015210002
This paper presents a model of executive compensation in which the executive is risk averse and has specific knowledge - knowledge about the optimal actions to take that is costly to transfer to the principal. The model generates predictions that are consistent with the available evidence and...
Persistent link: https://www.econbiz.de/10005858765
This paper studies whether and why algorithmic traders exhibit one of the most broadlydocumented behavioral puzzles - the disposition effect. We use trade data from the NASDAQ Copenhagen Stock Exchange merged with the weather data. We find that on average, the disposition effect for human...
Persistent link: https://www.econbiz.de/10013373836
This paper theoretically and empirically examines the role of information in the practice of pharmaceutical detailing (promotional interactions between drug representatives and physicians). We start with a theoretical framework in which pharmaceutical firms target detailing visits to physicians...
Persistent link: https://www.econbiz.de/10014480448
Survey data from Bulgaria show that people who had experienced a loss during a banking crisisare significantly more likely to expect a new crisis. This result holds despite 12 years betweenthe earlier crisis and the survey, and the dramatically improved performance of the financialsector and the...
Persistent link: https://www.econbiz.de/10009360504