Showing 91 - 100 of 306
In this article, we explore the issue of whether the financial conditions into which a firm is born have an effect on its survival chances. After both correction of the omitted variables bias and introduction of time varying covariates, we show two distinctive effects of banking debt on the...
Persistent link: https://www.econbiz.de/10009293464
We study the relationship between the distribution of individuals' attributes over the population and the extent of risk sharing in a risky environment. We consider a society where individuals differing with respect to risk or their degree of risk aversion form risk-sharing coalitions in the...
Persistent link: https://www.econbiz.de/10009322608
This paper provides a simple formula describing all Nash equilibria in symmetric monotone singleton congestion games. Our approach also yields a new and short proof establishing the existence of a Nash equilibrium in this kind of congestion games without invoking the potential function or the...
Persistent link: https://www.econbiz.de/10009322609
In this note we study the existence of Nash equilibria in nonsymmetric finite congestion games, complementing the results obtained by Milchtaich on monotone-decreasing congestion games. More specifically, we examine the case of two resources and we propose a simple method describing all Nash...
Persistent link: https://www.econbiz.de/10009322610
We define a new class of games, which we qualify as congestion games with exact partition. These games constitute a subfamily of singleton congestion games for which the players are restricted to choose only one strategy, but they each possess their own utility function. The aim of this paper is...
Persistent link: https://www.econbiz.de/10009322611
This paper studies the existence of a fiscal Nash equilibrium in a multi-country model of trade where the relative prices are the channels of transmission of scal policies between countries. We stipulate the necessary conditions on goods, consumptions and trade that allow for the existence of a...
Persistent link: https://www.econbiz.de/10009322612
This paper presents a simultaneously study of the impact of gender and localization inequalities on the earnings of under-graduates. Using multilevel modeling, the framework draws both individual-level (i.e., pertaining to the individual elements of groups) and aggregate-level (i.e., pertaining...
Persistent link: https://www.econbiz.de/10009323594
Essential performance outcomes of the new firm, including survival and growth, are related to financial and operational factors of the firm. We present a model that shows that firm financing via debt has some influence on types of market outreach, survival, and also growth of new firms in...
Persistent link: https://www.econbiz.de/10009323595
Following Bergtrom and Goodman (1973), this paper can be integrated in the set of studies that have estimated the demand for municipal public services. The main innovation in this paper is methodological as we use a Stone Geary utility function to describe the median voter preferences. Unlike...
Persistent link: https://www.econbiz.de/10009327878
L’apprentissage collectif revêt un caractère stratégique dans un contexte où les TIC (technologies de l'information et de la communication) s'imposent et nous sont imposées. Leurs usages sont représentatifs de moments clefs dans le processus de diffusion des apprentissages, mais on leur...
Persistent link: https://www.econbiz.de/10009327879