Showing 1 - 10 of 21,722
We experimentally investigate whether the procedural history of a sanctioning institution affects cooperation in a … impact of the voting procedure, no information about the cooperation history is provided. In line with existing empirical …) institution, as compared to the corresponding, randomly imposed setting. In the second generation, the procedural history only …
Persistent link: https://www.econbiz.de/10012902398
The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....
Persistent link: https://www.econbiz.de/10013220509
In this paper we argue that different preferences in a decentralized system lead to under provision of public goods. We analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically polarized society and a decentralized education...
Persistent link: https://www.econbiz.de/10011474691
We experimentally investigate whether the procedural history of a sanctioning institution affects cooperation in a … impact of the voting procedure, no information about the cooperation history is provided. In line with existing empirical …) institution, as compared to the corresponding, randomly imposed setting. In the second generation, the procedural history only …
Persistent link: https://www.econbiz.de/10011587713
In this paper we argue that different preferences in a decentralized system lead to under provision of public goods. We analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically polarized society and a decentralized education...
Persistent link: https://www.econbiz.de/10012989025
Recent scholarship claims that extractive colonial institutions explain the lackluster performance of Latin American economies today. We examine forced labor in colonial Peru. We find that while coercive labor institutions led to a drop in the indigenous population until the seventeenth century,...
Persistent link: https://www.econbiz.de/10012838919
This paper studies the endogenous evolution of patriarchal clan system in ancient China. The clan system was abolished in the Qin Dynasty, but it reemerged among high-standing families in the Han Dynasty and spread to common people after the Tang Dynasty. I address two questions: first, why did...
Persistent link: https://www.econbiz.de/10013144813
Stock markets proved to be statistically predictable on an economically interesting scale over the past decade by fully data driven automatically constructed maps that associate to a set of new factor values a return prediction that is the average of historically observed returns for an area in...
Persistent link: https://www.econbiz.de/10013118137
The presence of a westward-moving frontier of settlement shaped early U.S. history. In 1893, the historian Frederick … construct a novel, county-level measure of total frontier experience (TFE). Historically, frontier locations had distinctive …
Persistent link: https://www.econbiz.de/10013218964
Persistent link: https://www.econbiz.de/10003887256