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When making decisions, agents tend to make use of decisions others have made in similar situations. Ignoring this behavior in empirical models can be interpreted as a problem of omitted variables. We suggest a possibility of integrating such outside influences into models of discrete choice by...
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When making decisions, agents tend to make use of decisions others have made in similar situations. Ignoring this behavior in empirical models can be interpreted as a problem of omitted variables and may seriously bias parameter estimates and harm inference. We suggest a possibility of...
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The allocation of intellectual property rights between firms and employed researchers causes a principal-agent problem between the two parties. We investigate the working contracts of inventors employed by German chemical, pharmaceutical, and electrical engineering firms at the turn of the 20th...
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Der ehemalige Thyssen-Vorstand Dieter Spethmann entwirft in seinem Buch „Deutschland – Die Dritte Industrielle …. Deutschland soll sich auf seine Stärken besinnen, mit Innovationen den etablierten Schlüsselindustrien Impulse geben und mit …
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