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Improving the peer review process : a proposed market system

Frijters, Paul; Torgler, Benno - 2016

The current peer review system suffers from two key problems: promotion of an in-crowd whose methods, opinions and innovations it protects; and failure to represent the opinions and interests of non-peer clients. As a result, whole disciplines orient themselves toward navel-gazing research...

Persistent link: https://www.econbiz.de/10011458074

Reputation and credit market formation : how relational incentives and legal contract enforcement interact

Fehr, Ernst; Zehnder, Christian - 2009

The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the basis of the prevailing field data it is difficult to pin down their causal impact. Here we show experimentally that relational incentives are a powerful causal determinant for...

Persistent link: https://www.econbiz.de/10003884085

Losers and losers : some demographics of medical malpractice tort reforms

Friedson, Andrew I.; Kniesner, Thomas J. - 2011

Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort...

Persistent link: https://www.econbiz.de/10009379672

Criminal victims, victimized criminals, or both? : a deeper look at the victim-offender overlap

Entorf, Horst - 2013

bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …

Persistent link: https://www.econbiz.de/10010201262

Laws and norms

Bénabou, Roland; Tirole, Jean - 2012

This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...

Persistent link: https://www.econbiz.de/10009530311

The role of constitutions on poverty : a cross-national investigation

Minkler, Lanse; Prakash, Nishith - 2015

In this paper we use novel historical data on economics and social rights from the constitutions of 201 countries and an instrument variable strategy to answer two important questions. First, do economic and social rights provisions in constitutions reduce poverty? Second, does the strength of...

Persistent link: https://www.econbiz.de/10010488146

Image versus information : changing societal norms and optimal privacy

Ali, S. Nageeb; Bénabou, Roland - 2016

We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...

Persistent link: https://www.econbiz.de/10011476544

How transparency kills information aggregation : theory and experiment

Fehrler, Sebastian; Hughes, Niall - 2015

We investigate the potential of transparency to influence committee decision-making. We present a model in which career … three levels of transparency under which career concerns are predicted to affect behavior differently, and test the model …'s key predictions in a laboratory experiment. The model's predictions are largely borne out - transparency negatively …

Persistent link: https://www.econbiz.de/10010516456

Committee decision-making under the threat of leaks

Fehrler, Sebastian; Hahn, Volker - 2020

Leaks are pervasive in politics. Hence, many committees that nominally operate under secrecy de facto operate under the threat that information might be passed on to outsiders. We study theoretically and experimentally how this possibility affects the behavior of committee members and the...

Persistent link: https://www.econbiz.de/10012295187