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Price screening with network effects and entry deterrence

Sundararajan, Arun - Econometric Society - 2004

This paper presents a model of price screening for goods with network effects, by a monopoly seller, and by an entry …

Persistent link: https://www.econbiz.de/10005702636

Chi, Woody Chih-yi - Econometric Society - 2004

New technology is usually expensive and it takes time for manufacturers to make the technology more accessible. In the stereo industry, the first Super Audio Compact Disk (SACD) player made by Sony, SCD-1, sold for $5,000 in 1999; in 2002 the cheapest of Sony's new SACD players, SCD-CE775, had a...

Persistent link: https://www.econbiz.de/10005342349

Risk Aversion and Income Tax Enforcement

Chander, Parkash - Econometric Society - 2004

This paper characterizes optimal income tax and audit schemes in the presence of costly enforcement when the agent is risk averse and not necessarily risk neutral. It is shown that the results under risk-neutrality (Chander and Wilde (1998)) largely hold under risk aversion. We first show that...

Persistent link: https://www.econbiz.de/10005342345

Identifying Information Asymmetries: New Methods and Evidence from a Randomized Field Experiment

Karlan, Dean; Zinman, Jonathan - Econometric Society - 2004

This paper estimates the prevalence of asymmetric information in a consumer credit market using a field experiment of …

Persistent link: https://www.econbiz.de/10005702665

Credit Constraints and Distress Sales in Rural India: An Econometric Analysis

Rajasekhar, D.; Gagan; B.S - Econometric Society - 2004

Abstract The literature on rural credit market has generally assumed that farm households are rationed in their access … to subsidised formal credit. Due to lack of infrastructure and poor access to institutional credit, exploitation of … farmers in interlocked credit market is expected to be high. The distress amount in product selling is more likely to be …

Persistent link: https://www.econbiz.de/10005342334

ABS Issuance and Lending Attitude of Banks

Harada, Kimie - Econometric Society - 2004

, have heavily relied on bank lending as their funding measures that the effect of credit crunch to the industry is examined …

Persistent link: https://www.econbiz.de/10005702732

On the Discretion of Adjudicators

Shavell, Steven - Econometric Society - 2004

A possible view of the role of an adjudicator is that it is to obtain the information that is needed to apply a well-articulated legal rule. That is, the task of an adjudicator in a case is to gather and verify the information that is called for to employ a legal rule, but that once the required...

Persistent link: https://www.econbiz.de/10005342203

Agency costs and asymmetric information in a small open economy: a dynamic general equilibrium model

Kim, Kunhong; Claus, Iris - Econometric Society - 2004

This paper assesses the effects of agency costs and asymmetric information in credit markets. Asymmetric information … by policy makers generally disregard credit market conditions. The basis of the analysis follows Carlstrom and Fuerst … asymmetries. The finding suggests that macroeconomic models that do not explicitly account for asymmetric information in credit …

Persistent link: https://www.econbiz.de/10005342290

Relationship Banking in Bilateral Oligopoly and Asymmetric Information

Chang, Yoonhee Tina - Econometric Society - 2004

This paper investigates the economic principles underlying the relationship between the real sector (non-financial) and the banking sector structures. Most literature has so far focused on the structure of conglomerates (Keiretsu/Chaebol) in East Asia in explaining the fast economic growth...

Persistent link: https://www.econbiz.de/10005342309

Coalition Formation and Asymmetric Information in a Legislative Bargaining Game

Tsai, Tsung-Sheng - Econometric Society - 2004

To investigate players' incentives in coalition formation, we consider a legislative bargaining game with asymmetric information about time preferences. The force that does not exist in usual bargaining games with unanimity is that due to majority rule, if a player signals himself as the patient...

Persistent link: https://www.econbiz.de/10005342329