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The Limits of Meritocracy
We show that too much meritocracy, modeled as accuracy of performance ranking in contests, can be a bad thing: in contests with homogeneous agents, it reduces output and is Pareto inefficient. In contests with sufficiently heterogeneous agents, discouragement and complacency effects further reduce the benefits of meritocracy. Perfect meritocracy may be optimal only for intermediate levels of heterogeneity.
Fundamentals of Entrepreneurial Finance
Fundamentals of Entrepreneurial Finance provides a comprehensive introduction to entrepreneurial finance, showing how entrepreneurs and investors jointly turn ideas into valuable high-growth start-ups. Marco Da Rin and Thomas Hellmann examine the challenges entrepreneurs face in obtaining funding and the challenges investors face in attracting promising ventures. They follow the joint journey of entrepreneurs and investors from initial match to the eventual success or failure of the venture. Written with the goal of making entrepreneurial finance accessible, this book starts with the basics, develops advanced topics, and derives practical insights. Da Rin and Hellmann build on academic foundations from several disciplines and enrich the text with data, mini-cases, examples, and exercises.
Financing the Entrepreneurial Venture
Financing the Entrepreneurial Venture focuses on financial management within entrepreneurial firms. Most of these are young firms, although some are more established. The book examines these firms at all phases of their life cycle, from the initial idea generation to the ultimate harvesting of the venture. The book covers firms in a diverse set of industries including high technology, low technology and services. A significant fraction of the cases focus on non-U.S. ventures. Additionally, the issues of gender and diversity are addressed in a number of settings.
Handbook of Economic Expectations
Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and their information sets. The information included will help us study heterogeneity and potential biases in expectations and analyze impacts on behavior and decision-making under uncertainty. - Combines information about the creation of economic expectations and their theories, applications and likely futures - Provides a comprehensive summary of economics expectations literature - Explores empirical and theoretical dimensions of expectations and their relevance to a wide array of subfields in economics
Statement of Disbursements of the House as Compiled by the Chief Administrative Officer from ...
Covers receipts and expenditures of appropriations and other funds.
The Euro Trap
This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone that triggered an inflationary credit bubble in the latter, deprived them of their competitiveness, and made them vulnerable to the financial crisis that spilled over from the US in 2007 and 2008. As private capital shied away from the southern countries, the ECB helped out by providing credit from the local money-printing presses. The ECB became heavily exposed to investment risks in the process, and subsequently had to be bailed ou...
Unternehmensverantwortung im digitalen Wandel
Die Digitalisierung verändert unsere Wirtschaft und die Gesellschaft grundlegend. Unternehmen sind hierbei zentrale Akteure: Sie treiben die digitale Transformation voran und sind zugleich selbst getrieben, sich dem digitalen Wandel mit neuen Geschäftsmodellen anzupassen. Welche Verantwortung leitet sich daraus ab? Müssen wir unser bisheriges Verständnis einer Corporate Social Responsibility um die Dimension einer Corporate Digital Responsibility erweitern? Welche gesellschaftlich geteilten Werte und Überzeugungen sollen darin zum Ausdruck kommen? Wir haben 83 Autor:innen eingeladen, ihre Ideen sowie ihre praktischen und theoriegeleiteten Sichtweisen zur digitalen Unternehmensverantwortung zu teilen. Damit wollen wir den Stand der Debatte um Corporate Digital Responsibility mit seinen unterschiedlichen und vielfältigen Facetten erfassen und in Unternehmen, Gesellschaft und Politik einbringen.
Writers' & Artists' Yearbook 2023
'A definitive guide, in here you'll find everything you need' S. J. Watson With over 4,000 industry contacts and over eighty articles from a wide range of leading authors and publishing industry professionals, the latest edition of this bestselling Yearbook is packed with all of the practical information, inspiration and guidance you need at every stage of your writing and publishing journey. Designed for authors and illustrators across all genres and markets, it is relevant for those looking for a traditional, hybrid or self-publishing route to publication; writers of fiction and non-fiction, poets and playwrights, writers for TV, radio and videogames. If you want to find a literary or illu...
Writers' & Artists' Yearbook 2021
The latest edition of the bestselling guide to all you need to know about how to get published, is packed full of advice, inspiration and practical information. The Writers' & Artists' Yearbook has been guiding writers and illustrators on the best way to present their work, how to navigate the world of publishing and ways to improve their chances of success, for over 110 years. It is equally relevant for writers of novels and non-fiction, poems and scripts and for those writing for children, YA and adults and covers works in print, digital and audio formats. If you want to find a literary or illustration agent or publisher, would like to self-publish or crowdfund your creative idea then this Yearbook will help you. As well as sections on publishers and agents, newspapers and magazines, illustration and photography, theatre and screen, there is a wealth of detail on the legal and financial aspects of being a writer or illustrator.
Writers' & Artists' Guide to Getting Published
The W&A Guide to Getting Published provides the would-be published author with expert knowledge on securing a book deal – from preparing a manuscript for submission, to finding an agent, from working with an Editor, to effective self-promotion. It considers all stages in the 'selling' of your idea and manuscript and gives up-to-date information on how the publishing industry functions and how authors can best navigate its mysteries and complexities. Each chapter provides practical, how-to advice on what to do, where to seek additional help, what costs might be involved, cautionary dos and don'ts, and useful case studies. This guide considers all publishing formats (print, digital and audio) and markets (fiction, non-fiction, children's and books for adults) to offer all-round support for the budding writer.
