Similar Search Results

Certification as a Viable Quality Assurance Mechanism: Theory and Suggestive Evidence

Svitkova, Katarina; Ortmann, Andreas - Center for Economic Research and Graduate Education and … - 2006

particular solution of this problem, certification, where an independent agency provides a costly signal, a certificate, to … nonprofit. The assumptions of our model are derived from stylized facts that we distilled from certification systems currently … literature on certification and provides results that are different from those reported up to now. …

Persistent link: https://www.econbiz.de/10005357507

Prompted to Be Good: The Impact of Certification on the Quality of Charities

Svitkova, Katarina - Center for Economic Research and Graduate Education and … - 2007

In this study we model how certification affects managers’ choice of the quality of the nonprofit organizations they … charitable good, one donor, and a certification agency. We assume that the nature of the charitable good does not allow for …

Persistent link: https://www.econbiz.de/10005086643

Fair Trade - Is It Really Fair?

Konecny, Tomas; Myslivecek, Jan - Center for Economic Research and Graduate Education and … - 2008

One of the arguments against the Fair Trade scheme is that the guaranteed minimum price tends to depress world prices and thus the incomes of non-participating farmers (e.g. The Economist, 2006). We develop a model that distinguishes between the impact of the introduction of a Fair Trade market...

Persistent link: https://www.econbiz.de/10005086614

Comparing Certification and Self-regulation

Myslivecek, Jan - Center for Economic Research and Graduate Education and … - 2008

I compare certification and self-regulation, two widely used quality assurance mechanisms in markets where consumers do … not observe the quality of goods. Certification is a mechanism in which an external firm oers a certificate to producers … certification fee. Self-regulation is a mechanism in which a club of firms in the industry adhere (or not) to a self-imposed code of …

Persistent link: https://www.econbiz.de/10005178146

Mothers and Daughters: Heterogeneity of German Direct Investments in the Czech Republic

Munich, Daniel; Srholec, Martin; Moritz, Michael; … - Center for Economic Research and Graduate Education and … - 2012

Much has been written on the distinction between vertical and horizontal foreign direct investment. However, most of the empirical literature relies on indirect and aggregated measures only. The aim of this paper is to help fill this gap by examining the differences between German affiliates in...

Persistent link: https://www.econbiz.de/10010842906

(The Evolution of) Post-Secondary Education: A Computational Model and Experiments

Ortmann, Andreas; Slobodyan, Sergey - Center for Economic Research and Graduate Education and … - 2008

We propose a computational model to study (the evolution of) post-secondary education. “Consumers” who differ in quality shop around for desirable colleges or universities. “Firms” that differ in quality signal the availability of their services to desirable students. As long as they...

Persistent link: https://www.econbiz.de/10005086604

Effects of Ownership and Financial Status on Corporate Environmental Performance

Earnhart, Dietrich; Lizal, Lubomir - Center for Economic Research and Graduate Education and … - 2002

This paper analyzes the effects of ownership structure on corporate environmental performance and examines the link between financial performance to environmental performance in a transition economy. In particular, it analyzes these ownership effects and this performance link using an unbalanced...

Persistent link: https://www.econbiz.de/10005086610

The Predictive Power of Noisy Elimination Tournaments

Ryvkin, Dmitry - Center for Economic Research and Graduate Education and … - 2005

An elimination tournament matches players pairwise and promotes the winners to a subsequent round where the procedure is repeated. In the presence of idiosyncratic noise the tournament turns into a probabilistic mechanism that reveals the ranking of players imperfectly. I assess theoretically...

Persistent link: https://www.econbiz.de/10005086623

Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic

Bena, Jan; Hanousek, Jan - Center for Economic Research and Graduate Education and … - 2006

Using cross-sectional analysis of corporate dividend policy we show that large shareholders extract rents from firms and expropriate minority shareholders in the weak corporate governance environment of an emerging economy. By comparing dividends paid across varying corporate ownership...

Persistent link: https://www.econbiz.de/10005086633

Price Setting in Transition: The Effect of Takeover on a Petroleum Firm

Valachy, Juraj - Center for Economic Research and Graduate Education and … - 2002

In this paper, I investigate the effect of the takeover of a Slovak petroleum firm on its price setting mechanism. In particular, I tested the changes in the reaction of output (fuel) price on input (dollar and crude oil) prices and competitors' prices (approximated by the reference Commodity...

Persistent link: https://www.econbiz.de/10005086647