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Sabotage in dynamic tournaments
Gürtler, Oliver; Münster, Johannes - 2009
This paper studies sabotage in a dynamic tournament. Three players compete in two rounds. In the final round, a player who is leading in the race, but not yet beyond the reach of his competitors, gets sabotaged more heavily. As a consequence, if players are at the same position initially, they...
Persistent link: https://www.econbiz.de/10003908914
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Financial constraints and the margins of FDI
Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2009
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross-border expansion of firms. But firms may also need external finance to shoulder the costs of entering foreign markets. We develop a model of multinational firms facing real and...
Persistent link: https://www.econbiz.de/10003909210
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Incentive effects in asymmetric tournaments : empirical evidence from the german hockey league
Nieken, Petra; Stegh, Michael - 2010 - Version: 2010-01-20
Following tournament theory, incentives will be rather low if the contestants of a tournament are heterogeneous. We empirically test this prediction using a large dataset from the German Hockey League. Our results show that indeed the intensity of a game is lower if the teams are more...
Persistent link: https://www.econbiz.de/10003935685
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Heterogeneous contestants and effort provision in tournaments : an empirical investigation with professional sports data
Berger, Johannes; Nieken, Petra - 2010
a highly significant negative impact of the matchup's heterogeneity on joint teame efforts. However, further analysis …
Persistent link: https://www.econbiz.de/10003985609
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Heterogeneity and cooperation in privileged groups : the role of capability and valuation on public goods provision
Kolle, Felix - 2012
heterogeneity with respect to two dimensions: capability and valuation. Our results reveal that with and without punishment … opportunities, heterogeneity crucially affects cooperation and coordination within groups. Compared to non-privileged groups … have on the other group members' payoffs affecting individuals' willingness to cooperate. Hence, whether heterogeneity …
Persistent link: https://www.econbiz.de/10009578217
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Group interaction, heterogeneity, rules, and co-operative behaviour : evidence from a common-pool resource experiment in South Africa and Namibia
Hayo, Bernd; Vollan, Björn - In: Journal of economic behavior & organization : JEBO 81 (2012) 1, pp. 9-28
Persistent link: https://www.econbiz.de/10009505602
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When markets fall down : are emerging markets all the same?
Ramos, Sofia B.; Vermunt, Jeroen K.; Dias, José G. - In: International journal of finance & economics : IJFE 16 (2011) 4, pp. 324-338
Persistent link: https://www.econbiz.de/10009508119
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Explaining dispersion in foreign exchange expectations : a heterogeneous agent approach
Ron, Jongen; Verschoor, Willem F. C.; Wolff, Christiaan … - In: Journal of economic dynamics & control 36 (2012) 5, pp. 719-735
Persistent link: https://www.econbiz.de/10009554305
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Semiparametric estimation of random coefficients in structural economic models
Hoderlein, Stefan; Nesheim, Lars; Simoni, Anna - 2012
In structural economic models, individuals are usually characterized as solving a decision problem that is governed by a finite set of parameters. This paper discusses the nonparametric estimation of the probability density function of these parameters if they are allowed to vary continuously...
Persistent link: https://www.econbiz.de/10009521640
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Geography, skills or both : what explains Fed watchers' forecast accuracy of US monetary policy?
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - In: Journal of macroeconomics 33 (2011) 3, pp. 420-437
Persistent link: https://www.econbiz.de/10009248386