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suggests that success breeds success in the networks of established firms. The existence of networks overturns the claim that …
Persistent link: https://www.econbiz.de/10010297842
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …
Persistent link: https://www.econbiz.de/10010297531
Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue that a fundamental value the blockchain provides is commitment. I develop a model of an...
Persistent link: https://www.econbiz.de/10013464278
I quantify spillovers of attention in a network of content pages, which is challenging, because such networks form …
Persistent link: https://www.econbiz.de/10010468094
We study competitive awarding procedures of short haul railway passenger services in Germany from 1995 to 2011 by means of a newly collected data set. In particular, we use regression techniques to investigate the determinants of the number of bidders, the identity of the winning bidder and the...
Persistent link: https://www.econbiz.de/10010311600
Syndication, which is a joint realization of one project/one investment by several capital providers, is a long existing phenomenon that plays a central role in many financial market segments. Within this paper we develop a theoretical model focusing on the dynamic aspect of syndication, namely...
Persistent link: https://www.econbiz.de/10010297486
case (less weight on EU) may lead to increased first period emissions. The effect of learning possibilities on emissions is …, considering prospective learning increases today?s abatement effort, i.e. the ?irreversibility effect? holds, if the weight on EU … MaxiMin. There is, however, the possibility of a negative value of learning. It is shown that the irreversibility effect holds …
Persistent link: https://www.econbiz.de/10010298092
; this generates a search rule that accounts for learning systematically. In this search environment, a multiproduct seller …
Persistent link: https://www.econbiz.de/10014567496
two new attributes is found. The search paths emerging from this policy match recent evidence of consumer learning through …
Persistent link: https://www.econbiz.de/10014567516
We analyze the data collection strategies of 65,000 developers in the market for mobile applications and track 300,000 applications over four years. Many apps belong to developers with multiple apps. This fact generates variation in the privacy behaviors of the same developer for our analysis....
Persistent link: https://www.econbiz.de/10011781257