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Born to be an entrepreneur? How cultural origin affects entrepreneurship

Erhardt, Katharina; Haenni, Simon - 2018

performance are more likely driven by differences in risk aversion or preferences for entrepreneurship rather than by skill. …

Persistent link: https://www.econbiz.de/10011993802

Bilateral trade with loss-averse agents

Benkert, Jean-Michel - 2022

The endowment and attachment effect are empirically well-documented in bilateral trade situations. Yet, the theoretical literature has so far failed to formally identify these effects. We fill this gap by introducing expectations-based loss aversion, which can explain both effects, into the...

Persistent link: https://www.econbiz.de/10013164118

Bilateral trade with loss-averse agents

Benkert, Jean-Michel - 2022

Persistent link: https://www.econbiz.de/10013285525

Bowling for fascism: Social capital and the rise of the Nazi Party

Satyanath, Shanker; Voigtländer, Nico; Voth, Hans-Joachim - 2014

Social capital is often associated with desirable political and economic outcomes. This paper contributes to a growing literature on its "dark side". We examine the role of social capital in the downfall of democracy in interwar Germany. We analyze Nazi Party entry in a cross-section of cities,...

Persistent link: https://www.econbiz.de/10011282481

Effects of institutional history and leniency on collusive corruption and tax evasion

Buckenmaier, Johannes; Dimant, Eugen; Mittone, Luigi - 2018

We investigate the effects of an institutional mechanism that incentivizes taxpayers to blow the whistle on collusive corruption and tax compliance. We explore this through a formal leniency program. In our experiment, we nest collusive corruption within a tax evasion framework. We not only...

Persistent link: https://www.econbiz.de/10011969206

The causal effect of trust

Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2018

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...

Persistent link: https://www.econbiz.de/10011969215

Do institutions Matter for economic performance? Theoretical insights and evidence from Turkey

Çetin, Tamer; Çiçen, Yıldırım B.; Eryiğit, Kadir Y. - 2016

This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …

Persistent link: https://www.econbiz.de/10011696307

The complementary nature of trust and contract enforcement

Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2021

Under weak contract enforcement the trading parties' trust, defined as their belief in other's trustworthiness, appears important for realizing gains from trade. In contrast, under strong contract enforcement beliefs about other's trustworthiness appear less important, suggesting that trust and...

Persistent link: https://www.econbiz.de/10012420691

Redistributional preferences and imposed institutions

Chong, Alberto; Gradstein, Mark - 2006

To what extent do imposed institutions shape preferences? We consider this issue by comparing the market …

Persistent link: https://www.econbiz.de/10010278291

The complementarity between trust and contract enforcement

Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2024

Agreements are rarely fully enforceable, exposing trading parties to some risk of exploitation. In such circumstances, trust-defined as the belief in the trustworthiness of others-seems important for realizing gains from trade. This paper explores an unstudied question: whether trust is a...

Persistent link: https://www.econbiz.de/10015117809