Search Results - isPartOf:"JENA ECONOMIC RESEARCH PAPERS"

Firm growth and productivity growth : evidence from a panel VAR

Coad, Alexander (contributor); Brökel, Tom (contributor) - 2007

JENA ECONOMIC RESEARCH PAPERS # 2007 – 103 Firm Growth and Productivity Growth: Evidence from a … Panel VAR by Alex Coad Tom Broekel www.jenecon.de ISSN 1864-7057 The JENA ECONOMIC RESEARCH PAPERS … 686868. E-mail: coad@econ.mpg.de 1 Jena Economic Research Papers 2007-103 1 Introduction The aim of this paper is to gain …

Persistent link: https://www.econbiz.de/10003647932

Globalization and the Rise of the Entrepreneurial Economy

Audretsch, David B.; Sanders, Mark - Wirtschaftswissenschaftliche Fakultät, … - 2007

This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a decrease in the level of political risk associated...

Persistent link: https://www.econbiz.de/10005032024

A pure variation of risk in first-price auctions

Kirchkamp, Oliver; Reiss, J. Philipp; Sadrieh, Abdolkarim - 2006

We introduce a new method of varying the risk that bidders face in first-price private value auctions. We find that decreasing bidders' risk significantly reduces the degree of overbidding relative to the risk-neutral Bayesian-Nash equilibrium prediction. This implies that risk affects bidding...

Persistent link: https://www.econbiz.de/10010263870

A pure variation of risk in first-price auctions

Kirchkamp, Oliver (contributor); … - 2006

JENA ECONOMIC RESEARCH PAPERS # 2008 – 024 A pure variation of risk in first-price auctions …, Faculty of Economics and Management, sadrieh@ww.uni-magdeburg.de 1 Jena Economic Research Papers 2008-024 1 Introduction For … [0;1]. Assume that utility func- 2 Jena Economic Research Papers 2008-024 tions have the form of u(x) = xr where r is …

Persistent link: https://www.econbiz.de/10003663029

Balanced Skills and the City: An Analysis of the Relationship between Entrepreneurial Skill Balance, Thickness and Innovation

Bublitz, Elisabeth; Fritsch, Michael; Wyrwich, Michael - Wirtschaftswissenschaftliche Fakultät, … - 2013

Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...

Persistent link: https://www.econbiz.de/10010884449

Occupational Choice and Self-Employment - Are They Related?

Sorgner, Alina; Fritsch, Michael - Wirtschaftswissenschaftliche Fakultät, … - 2013

Often, a person will become an entrepreneur only after a period of dependent employment, suggesting that occupational choices precede entrepreneurial choices. We investigate the relationship between occupational choice and self-employment. The findings suggest that the occupational choice of...

Persistent link: https://www.econbiz.de/10010884450

Fairness That Money Can Buy - Procedural Egalitarianism in Practice

Güth, Werner; Kliemt, Hartmut - Wirtschaftswissenschaftliche Fakultät, … - 2013

We suggest that procedures of monetarized bidding can facilitate co-operation in Elinor Ostrom type common(s) projects without crowding out communitarian faculties of "self-governance". Axioms securing procedurally egalitarian bidding on the basis of declared monetary evaluations are introduced....

Persistent link: https://www.econbiz.de/10010884452

Ready, set, go! Why are some regions entrepreneurial jump-starters?

Wyrwich, Michael - Wirtschaftswissenschaftliche Fakultät, … - 2013

Previous research on market economies characterized by stable framework conditions shows that several regional factors determine start-up activity. Not much is known about what drives entrepreneurship in unstable environments characterized by significant institutional changes that affect the...

Persistent link: https://www.econbiz.de/10010884453

Change versus choice: eliciting attitudes to fair compensations

Bone, John; Crosetto, Paolo; Hey, John D.; Pasca, Carmen - Wirtschaftswissenschaftliche Fakultät, … - 2013

This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...

Persistent link: https://www.econbiz.de/10010884455

Concession Bargaining - An Experimental Comparison of Protocols and Time Horizons

Alberti, Federica; Fischer, Sven; Güth, Werner; … - Wirtschaftswissenschaftliche Fakultät, … - 2013

Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as unfolding in time, concessions can also be studied in normal form or by conditioning only on failure of earlier agreement attempts. We experimentally compare three protocols of...

Persistent link: https://www.econbiz.de/10010884456