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Buera, Francisco; Monge-Naranjo, Alexander; Primiceri, … - C.E.P.R. Discussion Papers - 2010

neighbors' past experiences influence policy choices through their effect on policymakers' beliefs. We estimate the model using …

Persistent link: https://www.econbiz.de/10008677235

War Signals: A Theory of Trade, Trust and Conflict

Rohner, Dominic; Thoenig, Mathias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011

beliefs on the average propensity to trade of the other group. Since conflict disrupts trade, the onset of a conflict signals … that the aggressor has a low propensity to trade. Agents observe the history of conflicts and update their beliefs over … process whose frequency depends on the state of endogenous beliefs. Second, the probability of future conflicts increases …

Persistent link: https://www.econbiz.de/10009003383

Is It Trust we Model? An Attempt to Calculate the Non-Calculative

Rosenkranz, Stephanie; Weitzel, Utz - C.E.P.R. Discussion Papers - 2005

In this paper we characterize a situation in which non-calculative trust has to play a role in the decision to cooperate. We then analyse the given situation in game theoretical terms and distinguish those aspects of players’ decisions that are cooperative from those that may be interpreted as...

Persistent link: https://www.econbiz.de/10005792217

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2007

Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...

Persistent link: https://www.econbiz.de/10005067556

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2008

Persistent link: https://www.econbiz.de/10005666531

Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey

Dohmen, Thomas J; Falk, Armin; Huffman, David; Schupp, … - C.E.P.R. Discussion Papers - 2006

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...

Persistent link: https://www.econbiz.de/10005123605

Enterprise Restructuring in Transition: A Quantitative Survey

Djankov, Simeon; Murrell, Peter - C.E.P.R. Discussion Papers - 2002

We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of...

Persistent link: https://www.econbiz.de/10005504282

Competition and Firm Performance in Transition Economies: Evidence from Firm Level Surveys in Slovenia, Hungary and Romania

Konings, Jozef - C.E.P.R. Discussion Papers - 1997

In this paper firm level data are used to test whether competition affects productivity performance in three transition countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and newly-established private firms between September...

Persistent link: https://www.econbiz.de/10005498145

A Minimum of Rivalry: Evidence from Transition Economies on the Importance of Competition for Innovation and Growth

Carlin, Wendy; Schaffer, Mark E; Seabright, Paul - C.E.P.R. Discussion Papers - 2004

This Paper examines the importance of competition in the growth and development of firms. We make use of the large-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors that influence innovation by firms and their...

Persistent link: https://www.econbiz.de/10005067370

The New Comparative Economics

Djankov, Simeon; Glaeser, Edward L; López-de-Silanes, … - C.E.P.R. Discussion Papers - 2003

In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand...

Persistent link: https://www.econbiz.de/10005067517