Showing 1 - 10 of 55
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10011279266
), infrastructure indicators (telephone density, electricity consumption), telecommunications pricing measures, and regulatory quality …. With the exception of trade openness and the telecom pricing measures, these variables enter in as statistically …
Persistent link: https://www.econbiz.de/10005822834
Demand for air quality depends on health impacts and defensive investments that improve health, but little research assesses the empirical importance of defenses. We study an important cap-and-trade market, which dramatically reduced NOx emissions, a key ingredient in ozone formation. A rich...
Persistent link: https://www.econbiz.de/10011207670
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...
Persistent link: https://www.econbiz.de/10010884135
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario "vibrant." It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010884389
Turf wars commonly occur in environments where competition undermines collaboration. We develop a game theoretic model … joint production but introduces competition for the reward. We find that collaboration has a non-monotonic relationship with …
Persistent link: https://www.econbiz.de/10010959610
The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately. Our paper contributes to this discussion by investigating the effectiveness of grade incentives in increasing student performance. We perform a direct comparison of the two most...
Persistent link: https://www.econbiz.de/10010959681
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...
Persistent link: https://www.econbiz.de/10011214022
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …
Persistent link: https://www.econbiz.de/10011279246
Building upon some education studies finding that cooperative behaviour in class yields better achievements among students, this paper presents a simple model showing that free riding incentives lead to an insufficient degree of cooperation between schoolmates, which in turn decreases the...
Persistent link: https://www.econbiz.de/10005233797