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Im folgenden wird zunächst an einem konkreten Beispiel illustriert, worin die Pointe der 'institutionellen Ergonomie' liegt. Anschließend wird das Gemeingutdilemma als ein wichtiges Problem für institutionelles Design vorgestellt. Anhand dieses Beispielproblems sollen dann alle weiteren...
Persistent link: https://www.econbiz.de/10010261476
Zunehmend erfährt die auf den Annahmen der neoklassischen Ökonomie ruhende Analyse des Rechts Kritik und Konkurrenz durch andere sozialwissenschaftliche Disziplinen. Die vorderste Front bilden dabei die klassischen Verhaltenswissenschaften, insbesondere die kognitive Psychologie. Ihre Kritik...
Persistent link: https://www.econbiz.de/10010261477
main result is that the bail-out policy unambiguously leads to higher risk-taking at those banks that do not enjoy a bail … in the deposit market and depressing other banks? margins. In contrast, the effects on the protected bank?s risk …
Persistent link: https://www.econbiz.de/10010261478
Simon's (1955) famous paper was one of the first to cast doubt on the validity of rational choice theory; it has been … supplemented by many more papers in the last three and a half decades. Nevertheless, rational choice theory plays a crucial role in … classical and neoclassical economic theory, which presumes a completely rational agent. The central points characterizing such …
Persistent link: https://www.econbiz.de/10010261480
, authoritative statements of fact, output and outcome are taken up in turn. Definitions rely on mathematical set theory, and on basic …
Persistent link: https://www.econbiz.de/10010261481
Competition between parallel infrastructures incorporates opposing welfare effects. The gain from reduced deadweight loss might be out- weighed by the inefficient duplication of an existing infrastructure. Using data from broadband internet access for Western Europe 2000-2004, this paper...
Persistent link: https://www.econbiz.de/10010261482
This study explicitly takes into account that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, permits the joint analysis of the determinants of the two decisions and...
Persistent link: https://www.econbiz.de/10010261486
Persistent link: https://www.econbiz.de/10010261501
Skill-biased technical change has occupied empirical economists for much of the 90s. However, the empirical literature has not progressed much beyond observing a positive correlation between technology indicators and demand shifts. Two hypotheses on the root causes of skill biases in technical...
Persistent link: https://www.econbiz.de/10010261506
-economic growth theory in particular. I leave all downstream complications of where the required entrepreneurial vision, venture …
Persistent link: https://www.econbiz.de/10010261508