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Die Aktivierung lokaler und regionaler Potenziale gilt als der zentrale Ansatz ländlicher Entwicklungspolitik, um über den Sektor Landwirtschaft hinausgehend und unabhängig von zufälligen externen Investitionen einen eigenständigen Entwicklungspfad einzuschlagen. Mit der Schaffung eines...
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This paper analyzes a common-value, first-price auction with state-dependent participation. The number of bidders, which is unobservable to them, depends on the true value. For participation patterns with many bidders in each state, the bidding equilibrium may be of a "pooling" type - with high...
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We investigate the role played by the social environment in the development of gender differences in competitiveness … and earnings expectations. First, we find that the gender gap in competitiveness and earnings expectations is more … between the competitiveness of mothers and daughters, but not between mothers and sons. Second, we show that a randomized …
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"This text integrates trade theory and open economy macroeconomics with straightforward diagrams and numerous examples. The emphasis is on the gains from competitive trade and the limits of policy. Economics began with the political debate over import tariffs in England. Tariffs lead to net...
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