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This paper reviews the literature on incorporating behavioural elements into epidemiological models of pandemics. While modelling behaviour by forward-looking rational agents can provide some insight into the time paths of pandemics, the non-stationary nature of Susceptible-Infected-Removed...
Persistent link: https://www.econbiz.de/10012886463
I study the effect of reference pricing on competition by parallel imports, in particular the market share of parallel imports and the number of parallel traders. First, I analyze the effect of reference pricing on competition by parallel imports in a vertical differentiation model with a...
Persistent link: https://www.econbiz.de/10012317604
relationship breakdown risks. When contract enforcement institutions are weak, the optimal within-relationship provision dynamics …
Persistent link: https://www.econbiz.de/10012425961
Persistent link: https://www.econbiz.de/10011943020
A loss averse buyer and seller face an uncertain environment. Should they write a long-term contract or wait until the state of the world has realized? I show that simple long-term contracts perform better than insinuated in Herweg and Schmidt (2015), even though loss aversion makes...
Persistent link: https://www.econbiz.de/10012435543
A loss-averse buyer and seller face an uncertain environment. Should they write a long-term contract or wait until the state of the world is realized? I show that simple long-term contracts perform better than insinuated in Herweg and Schmidt (2015), even though loss aversion makes renegotiation...
Persistent link: https://www.econbiz.de/10012542436
In this explorative study, we adopt a knowledge-centred perspective on clusters and investigate whether clusters' internal structure explains clusters' external (knowledge) collaborative strategies. All in all, the main analytical issue underlying this paper is the following: do internal...
Persistent link: https://www.econbiz.de/10011477084
In this paper, we study how contract enforcement at the local level affects a firm's ability to supply customised intermediate inputs to foreign firms. Using Italian firm-level data, we show that firms located in courts with higher judicial trial length in civil disputes, which is our measure of...
Persistent link: https://www.econbiz.de/10011481849
This paper provides a nuance picture of the mechanisms through which temporary and permanent spatial co-location simultaneously sustain firm's innovation. Using a large sample of footwear clustered firms, results suggest that, on the one hand, intra-cluster Vertical relationships contribute to...
Persistent link: https://www.econbiz.de/10011522649
The EU Framework Programme (FP) belongs to the most important instruments promoting transnational collaborative R&D projects in Europe. Its main objective is to initiate cross-border complementarities in order to exploit knowledge resources and to conduct large scale research. Within the EU FPs...
Persistent link: https://www.econbiz.de/10011494530