Showing 1 - 10 of 4,421
We construct a unique data set from succession and bankruptcy sales in Mauritius to investigate the determinants of … not think that slavery would be abolished in the near future or thought that they would be compensated in such an event. …
Persistent link: https://www.econbiz.de/10005670283
Information asymmetry is a necessary prerequisite for testing adverse selection. This paper applies this sequence of tests to Mauritian slave auctions. Dynamic auction theory with private value highlights more aggressive bidding by uninformed bidders and higher prices when an informed...
Persistent link: https://www.econbiz.de/10003966182
public slave auctions in Mauritius between 1825 and 1835, involving 4,286 slaves. In addition to slave characteristics, the … that this is the case, pointing toward presence of residual adverse selection in the market for slaves in Mauritius …
Persistent link: https://www.econbiz.de/10014059543
We construct a unique data set from succession and bankruptcy sales in Mauritius to investigate the determinants of … not think that slavery would be abolished in the near future or thought that they would be compensated in such an event …
Persistent link: https://www.econbiz.de/10014086573
public slave auctions in Mauritius between 1825 and 1835, involving 4,286 slaves. In addition to slave characteristics, the … that this is the case, pointing toward presence of residual adverse selection in the market for slaves in Mauritius. …
Persistent link: https://www.econbiz.de/10005670297
Information asymmetry is a necessary prerequisite for testing adverse selection. This paper applies this sequence of tests to Mauritian slave auctions. Dynamic auction theory with private value highlights more aggressive bidding by uninformed bidders and higher prices when an informed...
Persistent link: https://www.econbiz.de/10005162961
slave auctions in Mauritius between 1825 and 1835, involving 4,286 slaves. In addition to slave characteristics, the acts … case, pointing toward the presence of information asymmetry in the market for slaves in Mauritius. …
Persistent link: https://www.econbiz.de/10005518805
This paper examines wine output and slave labor productivity in the Dutch and British Cape Colony, leveraging annual tax censuses. We document a substantial increase in wine production, but, despite substantial institutional changes over more than a century, we find surprisingly stable median...
Persistent link: https://www.econbiz.de/10014465436
This paper addresses the long-term impact of Sub-Saharan Africa's indigenous systems of slavery on its political and … develop a theory to account for this based on the framework proposed by North et al. (2009), where indigenous slavery may have … indigenous slavery is robustly and negatively associated with the quality of governance and with current income levels. …
Persistent link: https://www.econbiz.de/10012624355
17% to 35%, while reducing democracy and liberalism. I argue that this slavery-induced absolutism also influenced the …
Persistent link: https://www.econbiz.de/10012624362