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Overconfidence Can Improve an Agent's Relative and Absolute Performance in Contests
Ludwig, Sandra; Wichardt, Philipp C.; Wickhorst, Hanke - Volkswirtschaftliche Fakultät, … - 2010
This paper suggests a potential rationale for the recent empirical finding that overconfident agents tend to self-select into more competitive environments (e.g. Dohmen and Falk, forthcoming). In particular, it shows that moderate overconfidence in a contest can improve the agent's performance...
Persistent link: https://www.econbiz.de/10008727202
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Information Disclosure in Open Non-Binding Procurement Auctions: an Empirical Study
Stoll, Sebastian; Zöttl, Gregor - Volkswirtschaftliche Fakultät, … - 2012
The outcome of non-binding reverse auctions critically depends on how information is distributed during the bidding … process. We use data from a large European procurement platform to study the impact of different information structures … that on the procurement platform considered bidders indeed are aware of their rivals' characteristics and the buyers …
Persistent link: https://www.econbiz.de/10011106292
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Searching the eBay Marketplace
Sailer, Katharina - Volkswirtschaftliche Fakultät, … - 2006
from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple … a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …
Persistent link: https://www.econbiz.de/10005121206
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On combinatorial optimization and mechanism design problems arising at container ports
Meiswinkel, Sebastian - 2018
Persistent link: https://www.econbiz.de/10011848686
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Fairness, Adverse Selection, and Employment Contracts
Siemens, Ferdinand von - Volkswirtschaftliche Fakultät, … - 2005
This paper considers a firm whose potential employees have private information on both their productivity and the extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their colleagues get more income net of production costs. Screening...
Persistent link: https://www.econbiz.de/10005649802
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Linking of emissions trading schemes : conditions for solid international cooperation to mitigate emissions
Machinek, Matthias - 2022
Persistent link: https://www.econbiz.de/10012796153
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Why were FIFA World Cup Tickets so cheap?
Eichhorn, Christoph; Sahm, Marco - Volkswirtschaftliche Fakultät, … - 2007
We examine the pricing decision of a multi-product monopolist in a two-sided market where the type structure of buyers on one side of the market is an important determinant of profit on the other side. In this situation it might be optimal to set prices below the maximum sellout price and to...
Persistent link: https://www.econbiz.de/10005649820
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Der Umgang mit Schatten-IT in Unternehmen : eine Methode zum Management intransparenter Informationstechnologie
Zimmermann, Stephan - 2018
Persistent link: https://www.econbiz.de/10011801660
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Optimierung erfolgskritischer Lieferantenstrukturen auf Basis beziehungswertorientierter Sourcing-Strategien
Heinecke, Christoph - 2018
Persistent link: https://www.econbiz.de/10011730882
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Verlässlichkeit als Beschaffungskriterium : Signale für die Einhaltung von Anbieterversprechen im Business-to-Business-Bereich
Nolte, Philipp Johannes - 2016 - 1. Auflage
Persistent link: https://www.econbiz.de/10011495220