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Gender Differences and Dynamics in Competition: The Role of Luck

Gill, David; Prowse, Victoria - Department of Economics, Oxford University - 2011

observe striking differences in how men and women respond to good and bad luck in a competitive environment. Following a loss …

Persistent link: https://www.econbiz.de/10009275436

Discounting, Patience, and Dynamic Decision Making

Quah, John; Strulovici, Bruno - Department of Economics, Oxford University - 2011

framework, providing general insights and results showing how discounting affects i) the expected utility of an agent, ii) the … analysis includes the case of a time-inconsistent agent and of stochastic discounting. …

Persistent link: https://www.econbiz.de/10009144004

Competition in Posted Prices With Stochastic Discounts

Gill, David; Thanassoulis, John - Department of Economics, Oxford University - 2013

We study price competition between firms over public list or posted prices when a fraction of consumers (termed 'bargainers') can subsequently receive discounts with some probability. Such stochastic discounts are a feature of markets in which some consumers bargain explicitly; of markets in...

Persistent link: https://www.econbiz.de/10011004203

Hyperbolic Discounting and Secondary Markets

Nocke, Volker; Peitz, Martin - Department of Economics, Oxford University - 2002

We study the effect of hyperbolic discounting on competitive equilibria in secondary markets for a durable good. Under … exponential discounting, secondary markets are irrelevant in our model. They do not affect the price in the initial period and are … neutral to the allocation. Under hyperbolic discounting, secondary markets are not neutral; they do not affect price and …

Persistent link: https://www.econbiz.de/10010605282

Risk, inequality and time in the welfare economics of climate change: is the workhorse model underspecified?

Hepburn, Cameron; Hakon SÃƒÂ¦len; Atkinson, Giles - Department of Economics, Oxford University - 2008

In the workhorse model of welfare economics, the elasticity of marginal utility, often denoted as η, serves simultaneously to represent aversion to risk, aversion to spatial inequality, and preferences for intertemporal substitution. While Kreps-Porteus-Selden and Epstein-Zin preferences...

Persistent link: https://www.econbiz.de/10005047845

WAGE BARGAINING AND PROFITABILITY: A DISAGGREGATIVE ANALYSIS.

BEKERMAN, W.; JENKINSON, T. - Department of Economics, Oxford University - 1989

Persistent link: https://www.econbiz.de/10005047949