Showing 1 - 10 of 56
The contributory infringement rule assesses liability to a third party that contributes tothe infringement of a patent. Not only are firms that directly infringe liable, those whoindirectly contribute are also liable. We investigate how this rule affects the creation of anetwork of members...
Persistent link: https://www.econbiz.de/10009360891
Several countries have recently abolished or significantly reduced their taxes on bequests.Bequest taxes, on the other hand, were among the first to be introduced when modernsystems of taxation were developed at the end of the nineteenth century. We propose anexplanation for these facts which is...
Persistent link: https://www.econbiz.de/10005863262
Douglass North gehört zu den führenden Sozialwissenschaftlern des 20. Jahrhunderts.Er wurde für seine bahnbrechenden Leistungen auf dem Gebiet der ökonomischenGeschichtstheorie mit dem Nobelpreis ausgezeichnet. Dieser Aufsatz rekonstruiert (a)seine kliometrische Diagnose der Moderne, (b)...
Persistent link: https://www.econbiz.de/10005867480
We study the effect of fair institutions on growth. In our model, individuals are endowed with unequal entitlements to theeconomy’s output. They can free-ride or cooperate. Cooperation is individually costly, but increases aggregate output and growth.Experimentally, we observe significantly...
Persistent link: https://www.econbiz.de/10005866839
mode of production exist that is based on the contributions of many software programmerswithout providing any direct monetary incentives for them? And how can these programmerscoordinate their actions without relying on either the guidance of the price mechanism or thedirection through a...
Persistent link: https://www.econbiz.de/10005866891
In this paper we combine a wide range of country-level institutional indicators with surveydata taken from the Global Enterprise Monitor on potential and actual entrepreneurial entry,to investigate the role of the institutions as determinants of the entrepreneurial entry,controlling for...
Persistent link: https://www.econbiz.de/10005868084
Die Debatte über die optimale Ausgestaltung der Alterssicherung wird in jüngster Zeit äußerst kontrovers und hitzig geführt. Dabei scheint uns ein zentraler Aspekt nicht genügend beachte zu werden: Welcher Zusammenhang besteht zwischen den Merkmalen des Finanzsystems und des...
Persistent link: https://www.econbiz.de/10005840287
Wenn man untersuchen möchte, ob sich die Finanzsysteme verschiedener Länder im Verlauf der letzten Jahre aneinander angeglichen haben oder demnächst angleichen werden, braucht man ein Konzept zur Beschreibung von Finanzsystemen, durch das wesentliche Strukturen, deren Unterschiede und...
Persistent link: https://www.econbiz.de/10005840343
Since the beginning of the 1990s, it has been widely expected that the implementation of the European Single Market would lead to a rapid convergence of Europe’s financial systems. In the present paper we will show that at least in the period prior to the introduction of the common currency...
Persistent link: https://www.econbiz.de/10005844565
This paper provides a framework for the securities transaction industry inthe EU to understand the functions performed, the institutions involved andthe parameters concerned that shape market and ownership structure. Ofparticular interest are microeconomic incentives of the industry players...
Persistent link: https://www.econbiz.de/10005844581