Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Rainer Andergassen"'
Autor:
Rainer Andergassen, Franco Nardini
We study a model in which parents care about the economic and social status of their offspring. The chances of an individual achieving social status depends on innate traits, that is, IQ, ability, social and cultural environment, and other price-inse
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ac5824052976e1f1ccfaf3e79e1350aa
http://hdl.handle.net/11585/819205
http://hdl.handle.net/11585/819205
Publikováno v:
Structural Change and Economic Dynamics. 40:72-80
This paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In this model entrepreneurs invest in the discovery a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1431cf89b76d084ff45e3c9b671a96cd
https://doi.org/10.1016/j.strueco.2016.12.003
https://doi.org/10.1016/j.strueco.2016.12.003
Autor:
Rainer Andergassen
Publikováno v:
International Review of Economics & Finance. 45:1-15
We study a model in which a manager can engage in unobservable cost-cutting effort, possesses private information about firm profits and where shareholders employ stock and stock option-based compensation packages to align the manager's interests wit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b05ad46cedc4ac1c80bd335b5050c3b8
https://doi.org/10.1016/j.iref.2016.04.010
https://doi.org/10.1016/j.iref.2016.04.010
Publikováno v:
Andergassen, Rainer ; Nardini, Franco ; Ricottilli, Massimo (2011) Innovation, specialization and growth in a model of structural change. Bologna: Dipartimento di Scienze economiche DSE, p. 42. DOI 10.6092/unibo/amsacta/4523 . In: Quaderni-Working Paper DSE (718). ISSN 2282-6483.
In this paper we investigate the process of creation and destruction of industries as it stems from productivity increasing innovations and from the induced changes of consumption patterns. In our model industries whose demand increases experience an
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::688112d76d349404651ba1e826dcb97f
https://doi.org/10.1515/bejm-2017-0095
https://doi.org/10.1515/bejm-2017-0095
Autor:
Luigi Sereno, Rainer Andergassen
Publikováno v:
Environment and Development Economics. 21:603-625
We consider firms facing the risk of natural disasters and study their problem of investing in mitigation if financial insurance is not available. The firms' problem is to choose the optimal timing and size of the investment. The timing problem leads
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a6704a792704df316c2b3a4d797ccc7b
https://doi.org/10.1017/s1355770x1500039x
https://doi.org/10.1017/s1355770x1500039x
Technological innovation requires the gathering of information through a process of searching and learning. We distinguish two different but definitely complementary and overlapping ways through which searching and learning occur. The first exploits
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ad44e424b7342bc584d8a8beb28b61aa
http://hdl.handle.net/11585/415587
http://hdl.handle.net/11585/415587
Autor:
Guido Candela, Rainer Andergassen
Publikováno v:
Review of Development Economics. 17:16-33
The present paper analyzes the forward linkages of a multinational’s investment in a resort which kicks off tourism activity in a LDC. We show that, under quite natural assumptions, overnight stays are increasing in the number of tourism related, d
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::679e28c70f3b8b056f5c88d38a05a4e2
https://doi.org/10.1111/rode.12012
https://doi.org/10.1111/rode.12012
none 3 no Article first published online: January 1, 2015 Real-world tourism destinations differ in the way they develop and are managed. This is mainly due to the complexity of the tourism product (a bundle including both complementary and substitut
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::863c4135cda4b0be05eb88c25f10ea50
http://hdl.handle.net/11585/548788
http://hdl.handle.net/11585/548788
Autor:
Elettra Agliardi, Rainer Andergassen
Publikováno v:
The Geneva Risk and Insurance Review. 36:112-131
We study the destabilizing effect of hedging strategies under Markovian dynamics with transaction costs. Once transaction costs are taken into account, continuous portfolio rehedging is no longer an optimal strategy. Using a non-optimizing (local in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8bf778ff63a9005dade7921e930534ad
https://doi.org/10.1057/grir.2010.7
https://doi.org/10.1057/grir.2010.7
Publikováno v:
Journal of Economic Behavior & Organization. 61:710-728
The purpose of this paper is to investigate the evolutionary process of imitation and innovation as a process of searching in a given neighbourhood of firms. The spreading of information through neighbourhoods allows firms to acquire knowledge leadin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f5aa72c2b842aba4be2af81249d8e8fb
https://doi.org/10.1016/j.jebo.2004.07.009
https://doi.org/10.1016/j.jebo.2004.07.009