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van Damme, Eric - Tilburg University, Center for Economic Research - 2004

Persistent link: https://www.econbiz.de/10011092622

The Credit Crisis and The Moral Responsibility of Professionals in Finance

Graafland, Johan; van de Ven, B.W. - Tilburg University, Center for Economic Research - 2011

Starting from MacIntyre's virtue ethics, we investigate several codes of conduct of banks to identify the type of virtues that are needed to realize their mission. Based on this analysis, we define three core virtues: honesty, due care and accuracy. We compare and contrast these codes of conduct...

Persistent link: https://www.econbiz.de/10011091791

The Macroeconomic Dynamics of Demographic Shocks

Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2004

The paper employs an extended Yaari-Blanchard model of overlapping generations to study how the macroeconomy is affected over time by various demographic changes.It is shown that a proportional decline in fertility and death rates has qualitatively similar effects to capital income subsidies;...

Persistent link: https://www.econbiz.de/10011092761

Fiscal Policy, Monopolistic Competition and Finite Lives

Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2005

The paper studies the short-run, transitional, and long-run output effects of permanent and temporary shocks in public consumption under various financing methods.To this end, a dynamic macroeconomic model for a closed economy is developed, which features a perfectly competitive final goods...

Persistent link: https://www.econbiz.de/10011091861

Does R&D Cooperation Facilitate Price Collusion? An Experiment

Suetens, Sigrid - Tilburg University, Center for Economic Research - 2003

In the paper the impact of R&D cooperation on prices in experimental duopoly markets is examined.As a theoretical …, in general, prices are between the subgame perfect Nash and the cooperative level.Further, for both spillover levels … prices are higher in periods where R&D contracts are committed to, than in other periods, and to a lesser extent compared to …

Persistent link: https://www.econbiz.de/10011092740

Price rigidities and rationing

Talman, Dolf; van der Laan, G. - Tilburg University, Center for Economic Research - 1989

Persistent link: https://www.econbiz.de/10011090303

How to Organize Sequential Auctions : Results of a Natural Experiment by Christie's

van Ours, Jan; Ginsburgh, V. - Tilburg University, Center for Economic Research - 2003

In empirical studies of sequential auctions of identical objects prices have been found to decline.We study auctions of … that sellers may have some control over the sequence of prices and therefore on their revenue.Our results point to the fact …

Persistent link: https://www.econbiz.de/10011090425

The Evolution of Price Discrimination in the European Car Market

Goldberg, P.K.; Verboven, F.L. - Tilburg University, Center for Economic Research - 1999

Persistent link: https://www.econbiz.de/10011090543

Equilibrium adjustment of disequilibrium prices

Talman, Dolf; Herings, P.J.J.; van der Laan, G.; … - Tilburg University, Center for Economic Research - 1994

have a exible price level with respect to the numeraire commodity but their relative prices are mutually fixed. In the long … run prices are assumed to be completely exible. For a given price level and fixed relative prices, markets can be … adjustment process in prices and quantities converging from a trivial equilibrium with complete demand rationing on all non …

Persistent link: https://www.econbiz.de/10011090816

Workaholics and Drop Outs in Optimal Organizations

Müller, Wieland; Schotter, A. - Tilburg University, Center for Economic Research - 2003

JEL classifications: C92; D44; J31; D72; D82;

Persistent link: https://www.econbiz.de/10011090871