Showing 1 - 10 of 112
We study risk-taking behavior in a simple two person tournament in a theoretical model as well as a laboratory experiment. First, a model is analyzed in which two agents simultaneously decide between a risky and a safe strategy and we allow for all possible degrees of correlation between the...
Persistent link: https://www.econbiz.de/10005822136
Enterprise Performance Survey (BEEPS) to assess the effect on performance of ownership, competition, export orientation and the … variables and endogeneity that plague studies in this area. We find that foreign ownership and competition have an impact on …
Persistent link: https://www.econbiz.de/10005822639
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …, and international trade also raise firm efficiency in the industry. Results strongly confirm that market competition …
Persistent link: https://www.econbiz.de/10005822655
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...
Persistent link: https://www.econbiz.de/10011214022
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009359868
This paper studies investments in new markets where more than two (anticipated) identical competitors are present. In case of three firms an accordion effect is detected: an exogenous demand shock results in a change of the wedge between investment thresholds of the first and second investor...
Persistent link: https://www.econbiz.de/10010742284
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team’s performance and therefore on their colleagues’ productivity. We study...
Persistent link: https://www.econbiz.de/10010743453
This paper studies gender differences in performance in university entrance examinations. We exploit data from the exams that the nine Finnish universities providing education in economics and business use to choose their students. These exams are multiple choice tests where wrong answers are...
Persistent link: https://www.econbiz.de/10010752229
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010812497
. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …
Persistent link: https://www.econbiz.de/10010706391