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Economia sintetica
Vildosola, Luis - EconWPA - 1998
Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.
Persistent link: https://www.econbiz.de/10005125628
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Manipulated, Misled, Ignored, Abused: Residential Consumer Experience with Electric Deregulation in the United Kingdom
Jewell, Kevin - EconWPA - 2004
of Competition to Develop: Rather than compete for new customers, companies are relying on customer inertia to keep their … lead us to recommend against implementing plans to replace traditional regulation with “retail competition” for consumers …
Persistent link: https://www.econbiz.de/10005076594
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Maximum or Minimum Differentiation? An Empirical Investigation into the Location of Firms
Netz, Janet S.; Taylor, Beck A. - EconWPA - 1998
We empirically test some implications from location theory using the location of Los Angeles area gasoline stations in … proxies for competition -- the total number of stations, the proportion of independent stations, and the proportion of same … product as general market competition increases. In other words, the incentive to differentiate in order to soften price …
Persistent link: https://www.econbiz.de/10005412965
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The economic theory of quasi-exclusive territory
Nikae, Daisuke; Ikeda, Takeshi - EconWPA - 2005
This paper introduces the economic theory of gquasi-exclusive territory.h We consider vertical dealings with two …
Persistent link: https://www.econbiz.de/10005561437
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Returns Policies and Retail Price Competition
Padmanabhan, V.; Png, I.P.L. - EconWPA - 2004
We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers … returns policies serve both to dampen competition and resolve demand uncertainty. …
Persistent link: https://www.econbiz.de/10005134512
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Competing Auctions with Discrete Valuations
Julien, Benoit - EconWPA - 2002
This paper considers a situation of two sellers of perfectly substitutable items competing in publicly announced reserve prices to induce potential bidders participation at their auction. After learning their own valuations and upon observing the reserve prices, potential bidders make a...
Persistent link: https://www.econbiz.de/10005135021
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Hidden Teacher Effort in Educational Production: Monitoring vs. Merit Pay
Jaag, Christian - EconWPA - 2005
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
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Dynamic Adjustment of Corporate Leverage: Is there a lesson to learn from the Recent Asian Crisis?
Driffield, Nigel; Mahambare, Vidya; Pal, Sarmistha - EconWPA - 2005
While the aggregate macroeconomic analysis of the recent Asian Crisis highlights the moral hazard problem of bad loans in poorly supervised and regulated East Asian economies, there is very little firm-level analysis to characterize it. The present paper attempts to fill in this gap of the...
Persistent link: https://www.econbiz.de/10005076955
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How Ownership Structure Affects Capital Structure and Firm Performance? Recent Evidence from East Asia
Driffield, Nigel; Mahambare, Vidya; Pal, Sarmistha - EconWPA - 2005
Despite the seminal work of Claessens et al. (2002), who highlighted the role of ownership structure on firm performance in East Asia, the relationship between capital structure and ownership remains much unexplored. This is important, given recent empirical and theoretical work linking capital...
Persistent link: https://www.econbiz.de/10005076974
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The Effectiveness of Insurance Fraud Statutues: Evidence from Automobile Insurance
Hoyt, Robert E.; Mustard, David B.; Powell, Lars S. - EconWPA - 2005
Insurance fraud, which adds an estimated $85 billion per year to the total insurance bill in the U.S., is an extremely serious problem for consumers, regulators, and insurance companies. This paper analyzes the effects of state legislation and market conditions on automobile insurance fraud from...
Persistent link: https://www.econbiz.de/10005126108