Showing 1 - 10 of 81
Whether to keep products segregated (e.g., unbundled) or integrate some or all of them (e.g., bundle) has been a problem of profound interest in areas such as portfolio theory in finance, risk capital allocations in insurance, and marketing of consumer products. Such decisions are inherently...
Persistent link: https://www.econbiz.de/10010635168
level of tax is sufficient under certain circumstances to significantly reduce segregation. We then investigate the effect of …
Persistent link: https://www.econbiz.de/10008793080
tax is shown to be independent of the weight the privatized firm puts on social welfare. The optimal tax rule, the …
Persistent link: https://www.econbiz.de/10010635208
This paper assesses the impact of French policies for residential space-heating energy consumption, both enacted (tax … anticipated (carbon tax, retrofitting obligation). It uses a hybrid energy-economy model incorporating specific features of energy … but, with the exception of carbon tax, generate a rebound effect ; (ii) interactions among instruments are roughly …
Persistent link: https://www.econbiz.de/10011026211
We investigate the extent to which price deviations from fundamental values in an experimental asset market are due to the uncertainty of subjects regarding others' rationality. We do so by comparing the price forecasts submitted by subjects in two market environments: (a) all six traders are...
Persistent link: https://www.econbiz.de/10010933826
To what extent is the observed mis-pricing in experimental asset markets caused by strategic uncertainty (SU) and by individual bounded rationality (IBR)? We address this question by comparing subjects initial price forecasts in two market environments - one with six human traders, and the other...
Persistent link: https://www.econbiz.de/10010933940
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10010929091
Vaccination campaigns to prevent the spread of epidemics are successful only if the targeted populations subscribe to the recommendations of health authorities. However, because compulsory vaccination is hardly conceivable in modern democracies, governments need to convince their populations...
Persistent link: https://www.econbiz.de/10010930176
-image concerns (when everybody sees everyone else). A laboratory experiment is designed to identify separately these concerns, using …
Persistent link: https://www.econbiz.de/10010930214
-stage public good experiment with endogenous timing. We show that leading by making generous contributions is widespread and …
Persistent link: https://www.econbiz.de/10010541081