infonet-economy

Multinationale Unternehmen, die gerade auch in weniger entwickelten Ländern investieren, sind beliebte Prügelknaben. Ihnen wird unter anderem vorgeworfen, wegen geringerer Regulierung die Umwelt zu verschmutzen, Menschenrechte zu verletzten oder von tieferen Sozialstandards auf Kosten der lokalen Belegschaft zu profitieren. Die Wirklichkeit ist komplexer. Sie zeigt: Multinationale…

Background: The waiting list for kidney transplantation is long. The creation of “vouchers” for future kidney transplants enables living donation to occur when optimal for the donor and transplantation to occur later, when and if needed by the recipient.
Methods: The donation of a kidney at a time that is optimal for the donor generates a “voucher” that only a specified…

A positive relation between overconfidence and investment provision has been theoretically justified and practically assumed in the literature, but has not been thoroughly investigated. We test and confirm this positive relation between direct measures of overconfidence in one's financial knowledge and choice of investment. More precisely, strong overconfidence results in excess…

Sentiment indices, such as measures of consumer confidence, are often discussed as potential indicators of future investment, consumption and growth. However, documenting a causal relationship between consumer confidence and output — and understanding the precise nature of the relationship — using field data has been challenging. We rely on the high degree of control afforded by a…

Even though betting exchanges are considered to be the superior business model in the betting industry due to less operational risk and lower information costs, bookmakers continue to be successful.We explain the puzzling coexistence of these two market structures with the advantage of guaranteed liquidity in the bookmaker market. Using matched panel data of over 1.8 million…