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We present supportive empirical evidence and a new theoretical explanation for the negative selection into planned return migration between similar regions in Germany. In our model costly temporary and permanent migration are used as imperfect signals to indicate workers' high but otherwise...
Persistent link: https://www.econbiz.de/10011941209
Many poor countries are ill-adapted to the current leave alone a changing future climate, because they lack the necessary financial means to invest in efficient and cost-effective safeguarding measures. International endeavours to fund institutions, such as the Green Climate Fund, to provide...
Persistent link: https://www.econbiz.de/10014251443
How domestic constituents respond to signals of weakness in foreign wars remains an important question in international relations. In this paper, we study the impact of battlefield casualties and media coverage on public demand for war termination. To identify the effect of troop fatalities, we...
Persistent link: https://www.econbiz.de/10014431155
During the past two centuries, western nations have successively extended the voting franchise to citizens of lower income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other nations, as in a strategic game of international conflict...
Persistent link: https://www.econbiz.de/10011452800
that increases wealth or through a contest in which unproductive (rent-seeking) effort is used to redistribute wealth …
Persistent link: https://www.econbiz.de/10014456231
We propose a novel tournament design that incorporates the main properties of a round-robin tournament, a Swiss tournament, and a race. Following an equilibrium analysis, we compare 36 tournament structures inherent in our model and several well-known tournament models from the literature, on...
Persistent link: https://www.econbiz.de/10012387628
.e. a contest against other rent-seekers). At the aggregate level, rent-seeking reduces the available amount of labor in the …
Persistent link: https://www.econbiz.de/10012652831
advantaged in the grand (organization-wide) contest for two reasons: First, the incentive to free-ride is smaller in inter …-divisional contests. Second, competition in the intra-divisional contest is less fierce. Both effects induce a higher marginal utility of …
Persistent link: https://www.econbiz.de/10012138834
In the last decade, forced ranking systems where employees' bonuses depend on their rank assigned by superiors have become less popular. Whereas the inherently competitive structure of ranking systems provides high effort incentives, it might also increase incentives for misconduct. Previous...
Persistent link: https://www.econbiz.de/10013288029
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10013285829