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We consider a leader and a subordinate he appoints who engage in team production. The public observes the organization’s performance, but is unable to determine the separate contributions of the leader and of the subordinate. The leader may therefore claim credit for the good work of his...
Persistent link: https://www.econbiz.de/10005190898
Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...
Persistent link: https://www.econbiz.de/10010330590
Using data for the 27 Brazilian states during the period 1980-2009, we found that the media index in an important determinant of the suicide rates. The econometric results suggest that an increase of 1% in the media index increases the suicide rate for young males (age between 15 and 29 years...
Persistent link: https://www.econbiz.de/10010230149
Portuguese Abstract: Este artigo trata das narrativas econômicas e seu impacto sobre os ciclos econômicos. Segundo Robert Shiller, os economistas devem reconhecer que a severidade das crises econômicas pode decorrer da prevalência e visibilidade das histórias contadas sobre elas, que se...
Persistent link: https://www.econbiz.de/10012898562
Herbert Simon disseminated his bounded rationality approach in his vast academic production. The recognition of the complex environment and the cognitive limits led him to study about the use of heuristics in the decision-making. Around this idea, a new path to the study of human decisions has...
Persistent link: https://www.econbiz.de/10009279924
English Abstract: In empirical studies on dishonesty, experimental formats may be useful to identify the frequency of frauds, think over the circumstances in which they occur, and, from their probable causes, help to delineate policies to fight corruption. This being the case, the aim of this...
Persistent link: https://www.econbiz.de/10012913302
The cease-and-desist commitment (CCP, a mechanism equivalent to a Consent Decree in the United States) is an agreement between the Administrative Counsel of Concurrence Defense (CADE) and an anticompetitive firm, aiming to cease the investigated practice in a certain period of time. During this...
Persistent link: https://www.econbiz.de/10005085782
In order to stimulate the quality of the service, ANEEL introduced penalties in the contracts with the concessionaires of public services of transmission of electric energy in the case which the transmission facilities are turned off, be for accident or for maintenance. In this sense, a variable...
Persistent link: https://www.econbiz.de/10005001541
. The pure strategy Nash equilibrium configuration consists of two firms located at one quarter of the ``linear city'', and … the other two at three quarters. We do not observe convergence to such an equilibrium. In our experimental data we find … three clusters. Besides the direct proximity of the two equilibrium locations this concerns the focal mid-point. Moreover …
Persistent link: https://www.econbiz.de/10005106350
O CCP equivale a um acordo entre o CADE e a firma acusada de agir anticompetitivamente, com vistas a interromper a prática investigada dentro de um prazo estabelecido. Durante este compromisso, o processo fica suspenso e, após este período, se for concluído que a parte acusada se comportou...
Persistent link: https://www.econbiz.de/10005056696