infonet-economy

Corruption is a widespread phenomenon. Nevertheless, causal evidence on the effects of corruption is still lacking. In this paper, we assess whether and how corruption affects cooperation using a public good game experiment. Overall, contributions to the public good are reduced by 30% when participants have the possibility to bribe the punishment authority. Two concurrent channels...

Mitigation and adaptation represent two solutions to the issue of global warming. While mitigation aims at reducing CO2 emissions and preventing climate change, adaptation encompasses a broad scope of techniques used to reduce the impacts of climate change once they have occurred. Both have direct costs on a country’s Gross Domestic Product, but costs also arise from temperature...

In der Wirtschaftsdidaktik kursiert der Satz: «Wer nur etwas von Ökonomie versteht, versteht auch nichts von Ökonomie!» Diese Aussage spielt darauf an, dass ökonomische Sachverhalte unvermeidbar in gesellschaftliche, politische und kulturelle Kontexte eingebettet sind. Wirtschaftliches Handeln zu verstehen, erfordert daher u. a. das Verständnis der Kontexte, in denen es sich...

We identify the impact of short-term interest rates on credit risk-taking in the short and long run by analyzing a comprehensive credit register from Spain, a country where for the last twenty years monetary policy was mostly decided abroad. Duration analyses show that lower overnight rates prior to loan origination lead banks to lend more to borrowers with a worse credit history and...

In classical contagion models, default systems are Markovian conditionally on the observation of their stochastic environment, with interacting intensities. This necessitates that the environment evolves autonomously and is not influenced by the history of the default events. We extend the classical literature and allow a default system to have a contagious impact on its environment...

In this paper, we develop our argument in three steps: Firstly, we elaborate on some theoretical perspectives for industry-specific CSR by referring to cultural business ethics, a theoretical approach which is located between purely business perspectives and purely normative perspectives on CSR. Secondly, we briefly introduce the papers of this special issue, which covers a wide...

Das Forum Wirtschaftsethik, die Zeitschrift des Deutschen Netzwerks Wirtschaftsethik (dnwe), hat kürzlich eine Rezension veröffentlicht, in der in prägnanter Weise die „Theoriestrategien der Wirtschaftsethik“ charakterisiert wurden, wie Karl Homann sie wiederholt dargelegt hat. Seine breit akzeptierte Auslegeordnung wirtschaftsethischer Ansätze versteht sich als systematisch...

The present research project aims to overcome conventional branding theories assuming brand meanings to be under exclusive control by the legal brand owners. Due to the utilization of a practice-theoretical perspective systematic understanding on how and why unintended brand meanings emerge is pursued. The two distinct brand cases Birkenstock and NewBalance are investigated to study...