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Charity Auctions for the Happy Few
Bos, Olivier - CESifo - 2008
different distributions. Furthermore, we also analyze second-price all-pay auction. Finally, we show that individual minimum … bids could improve the relative revenue performance of first-price all-pay compared to first-price winner-pay auction. …
Persistent link: https://www.econbiz.de/10005181374
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Do Markets Erode Social Responsibility?
Bartling, Björn; Weber, Roberto A. - CESifo - 2013
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...
Persistent link: https://www.econbiz.de/10010718529
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How Social Reputation Networks Interact with Competition in Anonymous Online Trading: An Experimental Study
Bolton, Gary E.; Loebbecke, Claudia; Ockenfels, Axel - CESifo - 2008
Many Internet markets rely on ‘feedback systems’, essentially social networks of reputation, to facilitate trust and trustworthiness in anonymous transactions. Market competition creates incentives that arguably may enhance or curb the effectiveness of these systems. We investigate how...
Persistent link: https://www.econbiz.de/10005766257
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Can Competition Spoil Reciprocity? - A Laboratory Experiment
Bauernschuster, Stefan; Falck, Oliver; Große, Niels - CESifo - 2010
This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting subjects play coordination games with clear focal...
Persistent link: https://www.econbiz.de/10008572470
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The Scope of Auctions in the Presence of Downstream Interactions and Information Externalities
Koska, Onur A.; Onur, Ilke; Stähler, Frank - CESifo - 2015
allocation and transfer rules. A pooling auction serves as a commitment device against ex-post opportunistic behavior and …We scrutinize the scope of auctions in the presence of downstream interactions and information externalities by using …-cost firm under incomplete information: a separating auction implies adverse selection and relies substantially on commitment to …
Persistent link: https://www.econbiz.de/10011205382
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Environmental Tax Reform in a Federation with Rent-Induced Migration
Garon, Jean-Denis; Séguin, Charles - CESifo - 2015
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10011210783
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Disposal of Petroleum Installations - Major Policy Issues
Osmundsen, Petter; Tveterås, Ragnar - CESifo - 2000
Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...
Persistent link: https://www.econbiz.de/10005406247
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Pigou Meets Mirrlees: On the Irrelevance of Tax Distortions for the Second-Best Pigouvian Tax
Jacobs, Bas; Mooij, Ruud A. de - CESifo - 2011
internalize consumption externalities. It is demonstrated that the optimal second-best tax on an externality-generating good …
Persistent link: https://www.econbiz.de/10008833932
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Optimal Higher Education Enrollment and Productivity Externalities in a Two-Sector Model
Meier, Volker; Schiopu, Ioana Cosmina - CESifo - 2012
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
Persistent link: https://www.econbiz.de/10010559787
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How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010877694