scholarly journals Team rivalry and lending on crowdfunding platforms: an empirical analysis

2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Ling Ge ◽  
Xuechen Luo

Abstract Background Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders. Some platforms introduce team competition to motivate member participation and may thus induce team rivalry. Methods We investigate how team rivalry affects lending decisions using data from Kiva.org. We argue that a rivalry relationship may engage teams to compete directly against rivals by lending to the same project or prevent them from doing so because they intend not to cooperate. Result We find that a team is less likely to lend to a project that has received funding from its rival team, suggesting that rival teams tend to avoid cooperation. Conclusions We discuss the implications of our findings for crowdfunding and competition-based motivation mechanisms in general.

Author(s):  
Hailu Abebe Wondirad

Abstract This paper empirically examines whether competition (measured by using the new measure of competition, the Boone Indicator) moderates the relationship between Microfinance Institutions’ (MFIs) social and financial performances using data from 183 Indian MFIs over the period 2005–2014. The findings indicate that MFIs’ social and financial performances have a positive significant relationship. Moreover, the form of the relationship is both lead-lag and cotemporal. The Indian microfinance market was very competitive over the period 2005–2014. The empirical findings show that competition positively moderates the relationship between MFIs’ social and financial performances. More precisely, the empirical analysis provides evidence that the association between MFIs’ depth of outreach and operational self-sufficiency is conditional upon competition. These results suggest that in a competitive market, the more MFI deepen their depth of outreach, the higher contribution it has to their operational self-sufficiency.


2021 ◽  
Vol 49 (5) ◽  
pp. 635-672
Author(s):  
Sharon N. Kioko ◽  
Michelle L. Lofton

We test the effect of balanced budget requirements (BBRs) on budget outcomes using data published in audited financial statements. With a focus on the General Fund, we find states frequently reported deficits in their adopted budgets and relied on sizeable and favorable expenditure variances to close budget gaps before the end of the budget period. Empirical analysis shows that technical or strict BBRs procedures did not increase the likelihood that a state would report a balanced budget. We corroborate our findings using fund balance data. If technical or strict BBRs are effective, states would report higher fund balances, all else equal. Results show that states that adopted political BBRs reported lower fund balances. More importantly, the adoption of strict or technical BBRs did not lead to higher fund balances.


2016 ◽  
Vol 8 (12) ◽  
pp. 106 ◽  
Author(s):  
Imre Ersoy ◽  
Talha Yanmaz

The article investigates the effects of austerity measures on government debt in Greece, Ireland, Italy, Portugal and Spain (GIIPS) by employing panel cointegration test and using data between 1998 and 2014. The result of empirical analysis shows that tax rate increase on personal income did not result with decrease in government debt. Interest rate and wage that are control variables are also positively related with government debt levels. The result of this empirical analysis suggests that the impact of austerity measures on government borrowing in GIIPS is positive, despite the expectations of certain economic agents.


1994 ◽  
Vol 88 (2) ◽  
pp. 355-370 ◽  
Author(s):  
Donald S. Lutz

Constitutional design proceeds under the assumption that institutions have predictable consequences, but modern political science has not pursued the empirical verification of these predicted consequences with much vigor. I shall attempt to link the theoretical premises underlying one important aspect of constitutional design, the amendment process, with the empirical patterns revealed by a systematic, comparative study of constitutions. An examination of all amendments in the 50 American states since 1776 reveals patterns that are then confirmed using data from 32 national constitutions. The interaction of the two key variables affecting amendment rate can be described by an equation that generates predicted amendment rates close to those found in the cross-national empirical analysis. A constitution's length measured in number of words, the difficulty of an amendment process, and the rate of amendment turn out to have interlocking consequences that illuminate principles of constitutional design.


Author(s):  
Carolina Castaldi

Economists have largely neglected the phenomenon of NTTMs and its consequences for society so far, partly because of their limited interest in the social returns of trademarks in general. After reviewing the handful of economic studies on this matter, I present a first systematic empirical analysis of the extent of NTTM filings, with a focus on the number of filings, their nature, and the actors behind those filings. Using data from the USPTO, I find that NTTMs are steadily increasing, they are filed by very different types of firms, but they remain a relative small phenomenon, as compared to all trademark filings. I conclude by discussing avenues for further research.


2020 ◽  
Vol 11 ◽  
Author(s):  
Lasse Folkersen ◽  
Oliver Pain ◽  
Andrés Ingason ◽  
Thomas Werge ◽  
Cathryn M. Lewis ◽  
...  

1993 ◽  
Vol 14 (2) ◽  
pp. 157-188 ◽  
Author(s):  
DIANE N. LYE ◽  
TIMOTHY J. BIBLARZ

This study examines the relationship between the gender role and family attitudes of husbands and wives and five indicators of marital satisfaction. The authors argue that men and women who espouse nontraditional attitudes are likely to be less satisfied than their more traditional counterparts. An empirical analysis is presented using data from husbands and wives interviewed in the 1987-88 National Survey of Families and Households. Husbands and wives who hold nontraditional attitudes toward family life are less satisfied with their marriages, as are men and women whose attitudes diverge from their spouse's attitudes. The effects of attitudes did not vary according to the actual gender roles observed by the couple.


Author(s):  
Gonzalo Islas Rojas

AbstractAre laws that protect minority investors a necessary condition for the development of stock markets? This paper attempts to answer this question using data on the origins of the corporate sector in Chile to construct an empirical analysis of the contractual provisions included in charters of corporations in the 19th century. Our findings indicate that, even though corporate law at the time was silent with respect to governance rules and investor protection, a significant number of corporations were created and their shares traded. The empirical analysis of the corporate charters reveals that these contracts frequently included provisions favourable to outside investors and the use of these provisions is consistent with the predictions of a simple agency model.


2008 ◽  
Vol 23 (3) ◽  
pp. 227-233
Author(s):  
Luis M. Pinet Peralta ◽  
Juan M. Fraga ◽  
Enrique Asensio

AbstractIntroduction: Trauma is a leading cause of death and disability in Mexico. Unintentional injuries, along with diabetes and heart disease, contribute to >35% of the country's total mortality. Effective and efficient prehospital care of the conditions may improve outcomes.Objective: The objective of this paper was to determine if prehospital field experience (PFE) correlated with higher passing rates among candidates for the paramedic registry in Mexico City.Methods: This was a retrospective, cohort study using data from the Voluntary Registry of Prehospital Care Professionals (VRPHP) in Mexico City.Results: The mean value for candidate age was 30.6 years and mean value for the years of PFE was 6.8 years (CI = 9–13 years). Most of the applicants were male and almost 90% were basic emergency medical services providers. Sixty-five percent of the candidates were from private, non-profit organizations, 73% were volunteers, and 19% had obtained a university degree. More than 57% had ≥5 years of PFE, but the experience level did not correlate significantly with higher passing rates for the registry evaluation (χ2 = 1.66, p = 0.43).The results differed between the two years that the examination was offered (χ2 = 32.98, df = 1, p <0.001, γ = 0.54), regardless of gender, education, and years of experience.Conclusions: Previous field experience showed no correlation with passing rates, although the correlations improved between examination periods. The results may be used to support appropriate implementation of future health policies for prehospital emergency services.


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