Narrow search
Showing 1 - 10 of 560
Cover Image
Crowdfunding, Cascades and Informed Investors
Parker, Simon C. - 2014
are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not …
Persistent link: https://www.econbiz.de/10010333336
Cover Image
Crowdfunding, Cascades and Informed Investors
Parker, Simon C. - Institute for the Study of Labor (IZA) - 2014
are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not …
Persistent link: https://www.econbiz.de/10010747357
Cover Image
The good, the bad and the naive: Do fair prices signal good types or do they induce good behaviour?
Dulleck, Uwe; Johnston, David W.; Kerschbamer, Rudolf; … - 2012
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do fair prices induce … good behavior, or do good experts post fair prices? To answer this question we propose and test a model with three seller … fixed effects regressions support the model's predictions and show that causality goes from good experts to fair prices. …
Persistent link: https://www.econbiz.de/10010286902
Cover Image
The Good, the Bad and the Naive: Do Fair Prices Signal Good Types or Do They Induce Good Behaviour?
Dulleck, Uwe; Johnston, David W.; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2012
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce … "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three … selection and fixed effects regressions support the model's predictions and show that causality goes from good experts to fair …
Persistent link: https://www.econbiz.de/10011279266
Cover Image
Badge of Honor or Scarlet Letter? Unpacking Investors' Judgment of Entrepreneurs' Past Failure
Zunino, Diego; van Praag, Mirjam C.; Dushnitsky, Gary - 2017
our predictions using an online experiment where respondents are potential investors in seed stage ventures via equity … crowdfunding. Respondents evaluate a realistic investment opportunity in a between-subjects design, where we decompose the effect …
Persistent link: https://www.econbiz.de/10011744729
Cover Image
Bringing Connections Onboard: The Value of Political Influence
Green, Colin P.; HomRoy, Swarnodeep - 2020
-natural experiment, we demonstrate gains in firm value and profitability for firms with prior connections to MPs. These benefits are …
Persistent link: https://www.econbiz.de/10012270070
Cover Image
Do wealthier households save more? The impact of the demographic factor
Belke, Ansgar; Dreger, Christian; Ochmann, Richard - 2012
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on the savings rate is not homogeneous. On average, the...
Persistent link: https://www.econbiz.de/10010282619
Cover Image
Do Wealthier Households Save More? The Impact of the Demographic Factor
Belke, Ansgar; Dreger, Christian; Ochmann, Richard - Institute for the Study of Labor (IZA) - 2012
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on the savings rate is not homogeneous. On average, the...
Persistent link: https://www.econbiz.de/10010550528
Cover Image
Becoming Sensitive: Males' Risk and Time Preferences after the 2008 Financial Crisis
Jetter, Michael; Magnusson, Leandro; Roth, Sebastian - 2020
This paper presents evidence suggesting men's (but not women's) risk and time preferences have systematically become sensitive to local economic conditions since the 2008 financial crisis. Studying longitudinal, nationally representative data for 22,579 Australian-based respondents in up to 11...
Persistent link: https://www.econbiz.de/10012207735
Cover Image
Zero Lower Bound on Inflation Expectations
Gorodnichenko, Yuriy; Sergeyev, Dmitriy - 2021
We document a new fact: in U.S., European and Japanese surveys, households do not expect deflation, even in environments where persistent deflation is a strong possibil- ity. This fact stands in contrast to the standard macroeconomic models with rational expectations. We extend a standard New...
Persistent link: https://www.econbiz.de/10012882429