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durch Ideen und Miteinbeziehung von Experten erreicht. Dennoch ist Expertise in der Weltpolitik heutzutage immer häufiger … umstritten. Was sind die Faktoren, die die Staaten in Zukunft dazu bringen können, sich der Expertise in der Weltpolitik …Governments rely extensively on expertise, and arguably many of the major accomplishments over the last 50 years …
Persistent link: https://www.econbiz.de/10011940060
The empirical performance of macroeconomic exchange rate models is more than disappointing. This dismal result is also reflected in the forecasting capabilities of professional analysts: all in all, analysts are not in a position to beat native random walk forecasts. The root for this deficient...
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of the goods. Second, only some consumers have the expertise to infer the true levels of deficiencies once they are aware … of the existence of deficiencies. We show that the interplay of awareness and expertise in a market affects firms …’ incentives to disclose. In particular, we demonstrate that more awareness and/or expertise in a market does not universally lead …
Persistent link: https://www.econbiz.de/10013201807
In the media, the so-called cum/ex trades were addressed as the biggest tax robbery in history. In a few years, the financial trading scheme caused an estimated damage to European state treasuries of ca. 50 billion euros. Through highly complex transactions, a network of equity traders, banks,...
Persistent link: https://www.econbiz.de/10013187911
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We find an inverted relation between a player's birthday and the likelihood of receiving the Ballon d'Or (awarded to the best football player in the world). We develop a multi-period skill formation model with selection into elite education. We show that those born late (underdogs) need to work...
Persistent link: https://www.econbiz.de/10011667700
, credible, and effective. This paper discusses how policy-making profits from scientific advice in areas where science and … inherent variability, because science is incomplete or controversial, or because data are inadequate to support a definitive … answer. First, we analyse the social context that characterises the relationship between science and policy-making, with a …
Persistent link: https://www.econbiz.de/10011606758
In this paper, we study the roles of expertise and independence on governing boards in the context of education. In …
Persistent link: https://www.econbiz.de/10012022756