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Information-Based Pricing in Specialized Lending
Blickle, Kristian; He, Zhiguo; Huang, Jing; Parlatore, … - National Bureau of Economic Research - 2024
We study specialized lending in a credit market competition model with private information. Two banks, equipped with similar data processing systems, possess "general" signals regarding the borrower's quality. However, the specialized bank gains an additional advantage through further...
Persistent link: https://www.econbiz.de/10014486246
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Who Cares More? Allocation with Diverse Preference Intensities
Ortoleva, Pietro; Safonov, Evgenii; Yariv, Leeat - National Bureau of Economic Research - 2021
Goods and services---public housing, medical appointments, schools---are often allocated to individuals who rank them similarly but differ in their preference intensities. We characterize optimal allocation rules when individual preferences are known and when they are not. Several insights...
Persistent link: https://www.econbiz.de/10012629428
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School Choice
Abdulkadiroğlu, Atila; Andersson, Tommy - National Bureau of Economic Research - 2022
School districts in the US and around the world are increasingly moving away from traditional neighborhood school assignment, in which pupils attend closest schools to their homes. Instead, they allow families to choose from schools within district boundaries. This creates a market with parental...
Persistent link: https://www.econbiz.de/10013172122
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Procurement Contracting with Time Incentives : Theory and Evidence
Bajari, Patrick - 2009
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …
Persistent link: https://www.econbiz.de/10012463793
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2014 EU Directives - Public Sector and Utilities Procurement
OECD - 2014
This Public Procurement Brief presents two new EU public procurement Directives (2014/24/EU and 2014/25/EU) on … procurement by public and utilities sectors. The Directives are part of a recently adopted EU legislative package reforming the EU … public procurement rules. The Brief provides an overview of the new regulations, focusing on the following issues: general …
Persistent link: https://www.econbiz.de/10012454222
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Incorporating Environmental Considerations into Procurement
OECD - 2011
Public Procurement is a voluntary instrument, which means that individual Member States and public authorities can determine … alternative energy sources) and how these considerations can be incorporated into the procurement process in line with EU law. …
Persistent link: https://www.econbiz.de/10012454420
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The Modern Wholesaler : Global Sourcing, Domestic Distribution, and Scale Economies
Ganapati, Sharat - National Bureau of Economic Research - 2024
Nearly half of all transactions in the $5 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of "superstar" firms - the largest one percent of wholesalers....
Persistent link: https://www.econbiz.de/10014468236
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Käuferverhalten : Grundlagen - Perspektiven - Anwendungen
Foscht, Thomas; Swoboda, Bernhard; Schramm-Klein, Hanna - 2017 - 6., aktualisierte Auflage
Persistent link: https://www.econbiz.de/10011642787
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Resilience in Vertical Supply Chains
Grossman, Gene M.; Helpman, Elhanan; Sabal, Alejandro - National Bureau of Economic Research - 2023
Forward-looking investments determine the resilience of firms' supply chains. Such investments confer externalities on other firms in the production network. We compare the equilibrium and optimal allocations in a general equilibrium model with an arbitrary number of vertical production tiers....
Persistent link: https://www.econbiz.de/10014372496
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Distributed Ledgers and Secure Multi-Party Computation for Financial Reporting and Auditing
Cao, Sean Shun; Cong, Lin William; Yang, Baozhong - National Bureau of Economic Research - 2024
To understand the disruption and implications of distributed ledger technologies for financial reporting and auditing, we analyze firm misreporting, auditor monitoring and competition, and regulatory policy in a unified model. A federated blockchain for financial reporting and auditing can...
Persistent link: https://www.econbiz.de/10015056089