Showing 1 - 10 of 1,708
This paper explores the dynamic of investment governance from the perspective of Diaspora investment governance in an … island economy in China. It is not a study of investment governance as understood in the conventional developed sense. The … arrival of foreign direct investment and human capital creating new linkages from the old and changing business practices …
Persistent link: https://www.econbiz.de/10014149306
This article characterizes China's between-city skyscraper contest with an infinitely-repeated game. The mixed strategy equilibrium of this dynamic game-theoretic model implies that a Chinese city would be more inclined to build a taller skyscraper if the height of its current tallest building...
Persistent link: https://www.econbiz.de/10014078995
currencies; drugs; fake IDs and passports; high yield investment schemes (Ponzi schemes and other financial frauds); sexual …
Persistent link: https://www.econbiz.de/10012973517
This paper purposes a symmetric all-pay auction where the bidders compete neither for an object nor the object itself but for a lottery on receive. That lottery is determined endogenously through the bids. This auction is known as chance auction or more popularly as Chinese auction. The model...
Persistent link: https://www.econbiz.de/10011865416
This paper exploits a large-size auction experiment conducted by two Chinese Government Treasury security issuers---the Chinese Development Bank and the Export-Import Bank---to investigate whether Treasury securities should be sold through uniform or discriminatory auction mechanisms. Based on...
Persistent link: https://www.econbiz.de/10012868424
observe that regional corruption significantly reduces inbound foreign direct investment in Chinese regions, which indicates …
Persistent link: https://www.econbiz.de/10010272486
There is ample evidence for a "democracy premium". Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...
Persistent link: https://www.econbiz.de/10010397166
observe that regional corruption significantly reduces inbound foreign direct investment in Chinese regions, which indicates …
Persistent link: https://www.econbiz.de/10012168348
Has rising trade integration between the U.S. and China contributed to the polarization of U.S. politics? Analyzing outcomes from the 2002 and 2010 congressional elections, we detect an ideological realignment that is centered in trade-exposed local labor markets and that commences prior to the...
Persistent link: https://www.econbiz.de/10013208764
government agency extracts rents from a manager who undertakes an investment. Such a government rent seeking activity leads to a …
Persistent link: https://www.econbiz.de/10010279005