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Standard program evaluations implicitly assume that individuals are perfectly informed about the considered policy change and the related institutional rules. This seems not very plausible in many contexts, as diverse examples show. However, evidence on how incomplete information affects the...
Persistent link: https://www.econbiz.de/10012436245
increases the reputational incentives of a trustee, leading to more repayments. Our perfect Bayesian equilibrium analysis shows …
Persistent link: https://www.econbiz.de/10012422494
, incentives to bluff. Under a reward regime, targets can bluff in order to extort larger inducements. Under a sanction regime … combination can mitigate their adverse effects on targets’ bluffing incentives when deploying only one instrument of influence …
Persistent link: https://www.econbiz.de/10012307876
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In this paper we try to identify manufacturing and service clusters in Spain, using data from Mercantile Registers of 2006. The proposed methodology partially follows contributions of Duranton and Overman (2005), Brenner (2003 and 2004) and Ellison and Glaser (1997), but departing from them we...
Persistent link: https://www.econbiz.de/10011549397
This paper explores the regional economic impact of mineral resource endowment and offers specific inputs to the debate on the local content requirement (LCR) policy, gaining urgency in modern economic and political environment. Focusing on the experience of the Eastern Siberia the paper...
Persistent link: https://www.econbiz.de/10011485259
The distance and time of home-workplace commuter journeys of more than 700,000 workers in the Moscow region have been determined by GIS techniques using data from the year 2001. This has allowed visualization of commuting patterns in the Moscow region in the framework of a geospatial approach...
Persistent link: https://www.econbiz.de/10011486618
During the last century there has been a huge reduction in trade costs at almost every spatial scale impulsed not only by technological advances applied to transport and communication systems, but also by the spread of regional trade agreements and other related schemes. This estringent fall has...
Persistent link: https://www.econbiz.de/10011575903
Start-up activities are considered to be important for regional economic development and vary considerably between regions. As entrepreneurial activity in a region is strongly influenced by its regional conditions, we analyse the role of the conditions and their impact on start-up activities....
Persistent link: https://www.econbiz.de/10012170056
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