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The Material Study of the Constitutional Order

Goldoni, Marco - 2021

which it draws its inspiration. Then, the second section will broach the political theory undergirding the material study of …

Persistent link: https://www.econbiz.de/10013251064

Skill versus Reliability in Venture Capital

Khanna, Naveen; Mathews, Richmond D. - 2021

We study competition for startups among VCs with heterogeneous skill. VCs with established skill face two impediments. First, less established VCs compete aggressively for new startups in order to establish a reputation. Second, startups also value reliability in their VCs, which imposes a...

Persistent link: https://www.econbiz.de/10013251090

Bidual Approaches in Risk Representation

Balbás, Alejandro; Balbás, Beatriz; Balbás, Raquel - 2021

theory will be presented for general Banach spaces, and an illustrative example will be given …

Persistent link: https://www.econbiz.de/10013251108

Pension Deferral With Reference to Actuarial Fairness, Cost Neutrality, and Adverse Selection; a UK Perspective

Dagpunar, John - 2021

Persons who are eligible for a defined benefit social security pension may defer their pension and receive, through accruals, an extra pension or possibly a lump sum, on termination of deferral. In certain cases, partners of the deferrer may inherit such benefits. For such a scheme, the concept...

Persistent link: https://www.econbiz.de/10013251125

J M Keynes’s Very Severe criticism ( '…your argument…is most certainly nonsense.') of J. Robinson in Keynes’s Letter of November 9th,1936 was due to Robinson’s Use of the Incorrect...

Brady, Michael Emmett - 2021

exposition of liquidity preference in chapter 13 of the General Theory is explained by the fact that J. Robinson was repeating …=L(r,Y) analyzed by Keynes on p.199-209 of the General Theory and incorporated on page 298 as part of his formal IS-LM(LP) model … presented on pp. 298-299 in chapter 21 in Part IV of the General Theory.Instead, she used M=L( r) and/or M=L2(r). It is …

Persistent link: https://www.econbiz.de/10013251126

Applying Simplifying Heuristics when Making Judgment under Uncertainty – A Field Study

Nguyen, Tristan - 2021

This paper studies the so-called Take the Best (TTB) and the other two related heuristics which are Take the last (TTL) and the Minimalist heuristics to collect more evidence on these heuristics and then make comparison on performance of these heuristics’ potential users who have different...

Persistent link: https://www.econbiz.de/10013251137

Nonlinearities and the Determinants of Inequality : New Panel Evidence

Gravina, Antonio Francesco; Lanzafame, Matteo - 2021

Relying on data for a panel of 90 economies over 1970-2015 and System-GMM estimates, we extend the standard Kuznets-curve empirical framework to investigate how financial development, globalisation and technology affect income inequality. Our findings reveal the presence of significant...

Persistent link: https://www.econbiz.de/10013251140

Collusion in Quality-Segmented Markets

Bos, Iwan; Marini, Marco A. - 2021

This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment. Within this setting, we study four types of price- xing agreement: (i) a segment-wide cartel in the premium submarket only, (ii) a segment-wide cartel in the standard submarket...

Persistent link: https://www.econbiz.de/10013251142

Unemployment Risk and Entrepreneurship

Yuen, C. Y. Kelvin - 2021

Understanding the decision of individuals to become a new entrepreneur has long been an important topic among economists. Empirically, I find that (i) unemployed individuals are more likely to become an entrepreneur compared to the employed, and (ii) in response to increasing unemployment rate,...

Persistent link: https://www.econbiz.de/10013251167

Dictatorship, Higher Education and Social Mobility

Bautista, Maria Angelica; González, Felipe; Martinez, … - 2021

We study the relationship between political regimes and higher education and its implications for social mobility and political opposition in the context of the 1973 coup that brought Augusto Pinochet to power in Chile. We show that the Pinochet dictatorship's aims of political control and...

Persistent link: https://www.econbiz.de/10013251173