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The economic return of cluster policies has been recently called into question. Essentially based on a “one size fits all” approach consisting in boosting R&D collaborations and reinforcing network density in regions, cluster policies are suspected to have failed in reaching their...
Persistent link: https://www.econbiz.de/10014137618
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Interactions between knowledge and health are studied in a three-period overlapping generations model with health persistence. Agents face a non-zero probability of death in adulthood. In addition to working, adults allocate time to child rearing. Growth dynamics depend in important ways on the...
Persistent link: https://www.econbiz.de/10012156107
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conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal …
Persistent link: https://www.econbiz.de/10011514018
contract theory and are more in line with empirical findings than standard results. We find: First, inequity aversion alters …. Dependent on the environment, optimal contracts may be either overdetermined or incomplete. -- contract theory ; linear …
Persistent link: https://www.econbiz.de/10003011503
contract theory and are more in line with empirical findings than standard results. We find: First, inequity aversion alters …
Persistent link: https://www.econbiz.de/10013318431
By casual empiricism, it seems that many firms take explicit account of the family ties connecting workers, often hiring individuals belonging to the same family or passing jobs on from parents to their children. This paper makes an attempt to explain this behaviour by introducing the assumption...
Persistent link: https://www.econbiz.de/10014210958
conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal …
Persistent link: https://www.econbiz.de/10001712435
There is a growing interest in cross-border medical care and its comparative advantages. In addition, medical care can be defined as a local assurance good. Little research is being carried out in this field. This paper discusses the individual considerations for medical treatment offered at...
Persistent link: https://www.econbiz.de/10003941164