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Two-Sided Markets and Electronic Intermediaries

Jullien, Bruno - CESifo - 2004

The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to illustrate some of the results that emerge in the...

Persistent link: https://www.econbiz.de/10005181364

The Old-Boy Network and the Quality of Entrepreneurs

Bac, Mehmet; Inci, Eren - CESifo - 2010

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs’ types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …

Persistent link: https://www.econbiz.de/10008583661

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

Growing Groups, Cooperation, and the Rate of Entry

Ranehill, Eva; Schneider, Frédéric; Weber, Roberto A. - CESifo - 2014

We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group’s size yields potential efficiency gains, but only...

Persistent link: https://www.econbiz.de/10010877699

Justice under Uncertainty

Cettolin, Elena; Riedl, Arno - CESifo - 2013

choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when …

Persistent link: https://www.econbiz.de/10010877816

Organizations, Diffused Pivotality and Immoral Outcomes

Falk, Armin; Szech, Nora - CESifo - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10010877864

More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature

Güth, Werner; Kocher, Martin G. - CESifo - 2013

subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …

Persistent link: https://www.econbiz.de/10010877980

Self-Confidence and Strategic Behavior

Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - CESifo - 2013

We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic concerns, and find compelling evidence supporting this hypothesis in the behavior of participants who send and respond to others’ statements of confidence about how well they have...

Persistent link: https://www.econbiz.de/10010877986

Self Control and Intertemporal Choice: Evidence from Glucose and Depletion Interventions

Kuhn, Michael A.; Kuhn, Peter; Villeval, Marie Claire - CESifo - 2014

Recent developments in economic theory model intertemporal choice decisions as problems of restraining one’s natural impulse to consume today. We use interventions that have been shown in the psychology literature to affect impulse control to examine whether this is indeed the case for...

Persistent link: https://www.econbiz.de/10010877990

Access to Technology and the Transfer Function of Community Colleges: Evidence from a Field Experiment

Fairlie, Robert W.; Grunberg, Samantha H. - CESifo - 2014

first-ever field experiment randomly providing free computers to students, we examine the relationships between access to … experiment indicate that the treatment group of students receiving free computers has a 4.5 percentage point higher probability …

Persistent link: https://www.econbiz.de/10010888455