Similar Search Results

TRUST OF MODERNITY, MODERNITY OF TRUST. CONSIDERATIONS AND RESEARCH HYPOTHESIS

CONTE, MASSIMO - EconWPA - 2005

THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL RELATIONSHIP AS BETWEEN PERSONS AND COMPLEX SOCIAL SYSTEM. THE MAIN FEATURE OF MODERNITY IN SOCIAL CONNECTIONS IS GIVEN BY THE SPREAD OF A 'TIME/SPACE' DISTANCE. THE INCREASING...

Persistent link: https://www.econbiz.de/10005126102

Multi-attribute Analysis of Confidence, Convenience and Price Functions of Customers of Financial Services Firms: a GLS Systems Model

Rao, Ananth - EconWPA - 2005

The purpose of the study is to examine significant attributes of customers for explaining the level of confidence … the satisfaction and confidence of customers across FSFs. Results indicate that: core, tangible and relational attributes …’ confidence and convenience functions had a reliability of 92 to 94 percent while the value function had a reliability of 74 …

Persistent link: https://www.econbiz.de/10005134909

Advertising, Pricing & Market Structure in Competitive Matching Markets

Bataille, Edner; Julien, Benoit - EconWPA - 2005

This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to observe advertisements randomize over the advertised...

Persistent link: https://www.econbiz.de/10005076903

A Note on Firms' Strategic Behaviour During an IPO

Weiss, Pia - EconWPA - 2002

When potential shareholders cannot observe the business conditions of the firms, the latter desiring to acquire capital by an IPO and operating under less favourable business conditions have a strong incentive to appear more successful.

Persistent link: https://www.econbiz.de/10005077052

Characterizing Asymmetric Information in International Equity Markets

Albuquerque, Rui; Bauer, Gregory; Schneider, Martin - EconWPA - 2004

This paper studies the international portfolio flows of US investors to examine the information structure of international equity markets. We use an empirical model of portfolio flows with both public and private information to extract measures of trades due to private information. We find that...

Persistent link: https://www.econbiz.de/10005125533

Low Information Games - Experimental Evidence on Learning in Ultimatum Bargaining

Slembeck, Tilman - EconWPA - 1999

This paper reports experimental evidence on behaviour in an Ultimatum Game where responders have low structural information and feedback so that they have to learn the nature of the game during repeated play. The results lend support to the view that certain learning conditions are less...

Persistent link: https://www.econbiz.de/10005125583

Can Markets Learn to Avoid Bubbles?

Miller, Ross M. - EconWPA - 2002

One of the most striking results in experimental economics is the ease with which market bubbles form in a laboratory setting and the difficulty of preventing them. This article re-examines bubble experiments in light of the results of an earlier series of market experiments that examine how...

Persistent link: https://www.econbiz.de/10005125589

FINANCIAL INTERMEDIARY IN MONETARY ECONOMICS: AN EXCERPT

Golikov, Demid - EconWPA - 2005

This is a short literature overview. (1) The literature demonstrates no coherent view on the nature of economic exchange and, in particular, provides no conventionally accepted, fully satisfactory explanation of the real effects of money. Recent developments in macroeconomics suggest a role for...

Persistent link: https://www.econbiz.de/10005126388

Licensing under Asymmetric information

Mukherjee, Arijit - EconWPA - 2002

In a world with private information about the quality of technology we find that there are situations where relatively more technologically superior firm will license its technology but relatively less technologically superior firm will not license its technology. This finding is opposite to the...

Persistent link: https://www.econbiz.de/10005134431

E-commerce, two-sided markets and info-mediation

Gaudeul, Alexandre; Jullien, Bruno - EconWPA - 2005

Participants in a market, buyers and sellers, may need the service of an intermediary who will put them into contact and give them information about their potential trading partner. The intermediary chooses what price it will charge to each side to have access to its service. It also chooses...

Persistent link: https://www.econbiz.de/10005134532