Corporate success often resembles a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and status-seeking by workers can make small initial differences generate large differences over time.

The order of actions in contests may generate different psychological effects which, in turn, may influence contestants' probabilities to win. The Prouhet-Thue-Morse sequence in which the first 'n' moves is the exact mirror image of the next 'n' moves should theoretically terminate any advantage...

Using German establishment data, this paper examines the relationship between product market competition and the extent of employer provided training. We demonstrate that high product market competition is associated with increased training except when the competition is so severe as to threaten...

To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and imperfect competition (IC) have either assumed or imposed the market and productive structures necessary for such a model. However, of the recent IRS/IC models used to simulate...

Economic analysis is used to compare different paradigms for understanding the marketplace for religions and religious ideas. The Sacred Canopy paradigm views it necessary for social stability to grant monopoly power to an official state religion. The New Paradigm views separation of Church and...

We examine the hypothesis that flexible work organization involves greater skill requirements and, hence, an increased likelihood of receiving employer provided training. Using unique linked employer-employee data from Germany, we confirm that employees are more likely to receive training when...

Corporate success often resembles a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and status-seeking by workers can make small initial differences generate large differences over time.

To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and imperfect competition (IC) have either assumed or imposed the market and productive structures necessary for such a model. However, of the recent IRS/IC models used to simulate...

Economic analysis is used to compare different paradigms for understanding the marketplace for religions and religious ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state religion. The "New Paradigm" views separation of Church...

Multilevel models are widely used in education and social science research. However, theeffects of omitting levels of the hierarchy on the variance decomposition and the clusteringeffects have not been well documented...