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This paper provides insights into the apparent seesaw between the generation of theoretical versus empirical economics research over time. A dynamic model considers the incentives of researchers to focus on empirical versus theoretical papers. It yields the main characteristics of the...
Persistent link: https://www.econbiz.de/10013490648
Using a promotion signaling model in which wages are realistically shaped by market forces, we analyze how male overconfidence combined with competitive workplace incentives affects gender equality in the labor market. Our main result is that overconfident workers exert more effort to be...
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effectiveness and impact of SDA on environmental quality can be derived. The paper applies the classical consumer theory of utility …
Persistent link: https://www.econbiz.de/10010489794
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010509849
. This paper takes a complementary, comparative approach, examining theory development in the natural sciences. Examples show … process occurring over a long timescale. Models are typically nested within this broader theory. This could be a good model … sector raises the question, how to realise what has been omitted? Nesting models in an empirically based causal theory could …
Persistent link: https://www.econbiz.de/10011598097
Environmentally induced conflicts can trigger migration. This paper analyzes the location decisions of migrants, i.e., the "sorting" of migrants into alternative destinations. We argue that this sorting depends on a variety of factors. The selection of migrants affects preferences over where to...
Persistent link: https://www.econbiz.de/10012053203
logic of finance and foundational concepts of financial theory to the intersection between objective structures and social …
Persistent link: https://www.econbiz.de/10012034566