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A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of …
Persistent link: https://www.econbiz.de/10010324483
This paper empirically examines the impact of entrepreneurial firm plaintiff litigation on the ability of … important, as both the costs of litigation and potential benefits are arguably more pronounced for start-ups relative to … established firms. We consider cases of litigation being initiated both before and during VC financing. The data indicate (1 …
Persistent link: https://www.econbiz.de/10013115080
This paper empirically examines the interaction between entrepreneurial plaintiff firm litigation and venture capital …, and (5) when litigation occurs after VC financing, they are also less likely to be liquidated. The results are robust to …
Persistent link: https://www.econbiz.de/10012998535
In many countries, especially poor countries, a heavy burden of taxes, bribes, and bureaucratic hassles drives many producers into the informal sector. Is this situation explicable only as a consequence of either the ignorance or the ineptitude of the state authorities? On the contrary this...
Persistent link: https://www.econbiz.de/10010318889
We present a model where groups attempt to exert influence on policies using both bribes (plata, Spanish for silver) and the threat of punishment (plomo, Spanish for lead). We then use it to make predictions about the quality of a country’s public officials and to understand the role of...
Persistent link: https://www.econbiz.de/10010318937
The relationship between per capita income and a number of pollution indicators has been found to display an inverted U-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given income levels (direct effect) and by reducing...
Persistent link: https://www.econbiz.de/10010260691
Die aktuelle Diskussion um die Novellierung der deutschen Pressefusionskontrolle macht deutlich, welche Relevanz medienökonomische Fragestellungen haben. Was jedoch bei dieser Diskussion häufig vernachlässigt wird, ist die intensive Betrachtung der ökonomischen Besonderheiten von...
Persistent link: https://www.econbiz.de/10010263434
We analyze the design of legal principles and procedures for court decision-making in civil litigation. The objective …
Persistent link: https://www.econbiz.de/10010273769
Korruption ist ein globales Phänomen, das vor allem für viele Entwicklungsländer als Wachstumsbremse wirkt. Der Beitrag zeigt, wie man mittels eines einfachen industrieökonomischen Modells die Wirkungsmechanismen der Korruption analysieren kann. Korruption hält Unternehmen vom Markteintritt...
Persistent link: https://www.econbiz.de/10010296786
Die aktuelle Diskussion um die Novellierung der deutschen Pressefusionskontrolle macht deutlich, welche Relevanz medienökonomische Fragestellungen haben. Was jedoch bei dieser Diskussion häufig vernachlässigt wird, ist die intensive Betrachtung der Ökonomischen Besonderheiten von...
Persistent link: https://www.econbiz.de/10010297505