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Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10011555527
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10011559615
affect the firms' demand on foreign markets to instrument yearly variations in exports. We use alternatively as instruments …
Persistent link: https://www.econbiz.de/10011605765
This Occasional Paper reviews financial stability challenges in countries preparing for EU membership with a candidate country status, i.e. Croatia (planned to accede to the EU on 1 July 2013), Iceland, the former Yugoslav Republic of Macedonia, Montenegro and Turkey. It follows a...
Persistent link: https://www.econbiz.de/10011606288
and therefore determining DR's potential for participation in capacity markets. DR primarily affects the equilibrium … capacity markets can mitigate some of the market challenges of renewable integration. …
Persistent link: https://www.econbiz.de/10011985196
There is a heated debate on whether markets erode social responsibility and moral behavior. However, it is a … challenging task to identify and measure moral behavior in markets. Based on a theoretical model, we examine in an experiment the … relation between trading volume, prices and moral behavior by setting up markets that either impose a negative externality on …
Persistent link: https://www.econbiz.de/10012140876
highly commercialised and urbanised one. This book examines how the organisation of commodity markets contributed to this … reduced opportunities for rent-seeking and favoured the rise of efficient markets. This allowed burghers, peasants and …
Persistent link: https://www.econbiz.de/10011888573
Government debt is high in most developed countries, and while it may reflect short-term attempts to kick-start the economy in times of crisis through fiscal stimulus, the longer-term consequences risk being detrimental to investment and growth. This makes it important to identify factors that...
Persistent link: https://www.econbiz.de/10011917115
Leadership in modern business plays a crucial role in the business success of companies. Previous studies were focused mainly on measurement of financial performance management. The aim of this paper is to explore the extent to which leadership styles affect the success of the company using the...
Persistent link: https://www.econbiz.de/10011920336
We study committees that acquire information, deliberate and vote. A member cares about state-dependent decision payoffs and about his reputation for expertise. The state remains unobserved, even after the decision has been taken. In such inconclusive environments, in equilibrium, a member's...
Persistent link: https://www.econbiz.de/10011932339