Showing 1 - 10 of 70
This paper estimates a heterogeneous sorting model for firms, employing a semiparametric Poisson approach. We show that …
Persistent link: https://www.econbiz.de/10011541603
We develop a general framework to study contests, containing the well-known models of Tullock (1980) and Lazear & Rosen (1981) as special cases. The contest outcome depends on players' effort and skill, the latter being subject to symmetric uncertainty. The model is tractable, because a...
Persistent link: https://www.econbiz.de/10012434408
We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in larger units are disadvantaged in the grand (organization-wide) contest...
Persistent link: https://www.econbiz.de/10012236504
advancing R&D. A well-known theoretical result in the contest literature is that greater heterogeneity decreases investments of …
Persistent link: https://www.econbiz.de/10012426931
Many situations in the social and economic life are characterized by rivalry and conflict between two or more competing groups. Warfare, socio-political conflicts, political elections, lobbying, and R&D competitions are all examples of inter-group conflicts in which groups spend scarce and...
Persistent link: https://www.econbiz.de/10012419136
We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are advantaged in the grand (organization-wide) contest for...
Persistent link: https://www.econbiz.de/10013341970
Persistent link: https://www.econbiz.de/10012174542
dynamic panel data of OECD member countries, the paper finds that there exists significant complementarity between ICT network …
Persistent link: https://www.econbiz.de/10011526304
This paper estimates the non-linear impact of ICT network on motorway contribution to total factor productivity. Using dynamic panel data of OECD member countries, the paper finds that there exists a critical mass of broadband penetration rate which has the property that if this threshold level...
Persistent link: https://www.econbiz.de/10011603834
Persistent link: https://www.econbiz.de/10011800745