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Vertragstheorie - ausgewählte Ansatzpunkte zur Betrugsbekämpfung und insbesondere das Problem der Sanktionierung von ertappten …
Persistent link: https://www.econbiz.de/10009401217
ecological ones. Taxes solve the credibility problem a monopoly supplier of licenses would face, and lead to a suboptimal low …
Persistent link: https://www.econbiz.de/10008509569
­The literature devoted to economic development concerns itself in a growing de­gree with the role and importance of institutions­­­
Persistent link: https://www.econbiz.de/10008464186
In German literature, particularly in poetry, an amazing wealth of illustrations for economic contract theory can be found. Signaling, screening, incentive contracts, the winner's curse, and even the prisoner's dilemma within a team are treated by different writers. The respective examples are...
Persistent link: https://www.econbiz.de/10005200673
beliefs concerning future states of the world. Systems theory see the legal order as a social system which reproduces itself …
Persistent link: https://www.econbiz.de/10010548034
low credibility due to incorrect opinions, lack of knowledge, and, even worse, manipulation attempts for the benefit of … the authors or content providers. While mechanisms for the support of credibility evaluation in practice have been … credibility by consumers with varying expertise, in the presence of producers who have incentives to manipulate information. …
Persistent link: https://www.econbiz.de/10011220319
The article presents a survey of theory concerning the "credibility" and "reputation" issues until the beginning of the … 1990s, when new concept of "central bank independence" emerged. The "credibility problem" described by Kydland and Prescott … so that time inconsistent policies lack credibility. This problem can be analysed in terms of a complete-information game …
Persistent link: https://www.econbiz.de/10005258212
Der vorliegende Diskussionsbeitrag entstand im Rahmen eines Forschungsprojektes über die monetäre Integration von fünf mittel- und osteuropäischen EU-Beitrittskandidaten (Polen, Tschechische Republik, Ungarn, Slowenien und Estland). Das hier vorgestellte Kapitel geht auf die...
Persistent link: https://www.econbiz.de/10008462112
Despite descriptive empirical evidence on start-up numbers and survival rates of young firms, the interaction of market entry decisions and reactions of incumbent competitors is still insufficiently understood in the entrepreneurship literature. Repeated games offer a suitable theoretical...
Persistent link: https://www.econbiz.de/10010892212
Persistent link: https://www.econbiz.de/10010877533