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Persistent link: https://www.econbiz.de/10011090657
and development. It presents a new framework incorporating the selection effect of product market competition, the …
Persistent link: https://www.econbiz.de/10011091628
Abstract: This paper develops and tests a conceptual framework on the relationships between competition, time horizon and corporate social performance (CSP). We hypothesize that more intense competition discourages CSP by lowering the time horizon of companies. We test the hypothesis on a sample...
Persistent link: https://www.econbiz.de/10011092746
We study an experimental market in which the structure of the information flows is endogenized. When making an offer, traders choose not only the price at which they are prepared to trade, but also the subset of traders they want to inform about the offer. This design allows for two extreme...
Persistent link: https://www.econbiz.de/10011090309
Persistent link: https://www.econbiz.de/10011090772
We study the structure of markets when traders are given the opportunity to create their own market, as on the internet.On the internet, public exchanges have in many cases been replaced by private exchanges.We use experiments to investigate possible reasons for the failure of public...
Persistent link: https://www.econbiz.de/10011091018
We study the choice between regulating interconnection charges or delegating their determination to the operators, both in a non-mature and a mature market. Three regulatory regimes are considered: full, cost-based and bill-and-keep. Delegation corresponds to bargaining about the interconnection...
Persistent link: https://www.econbiz.de/10011091385
The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given.Governments intervene in the market for books through laws concerning prices of books, grants for...
Persistent link: https://www.econbiz.de/10011091601
Results are reported of a laboratory experiment aimed at examining whether strategic substitutability and strategic complementarity have an impact on the tendency to cooperate in two-player dominancesolvable games with a Pareto-inefficient Nash equilibrium.We find that there is significantly...
Persistent link: https://www.econbiz.de/10011092089
cultural trait disappears.Starting from the 'good' steady state and implementing productivity improvements raises welfare, but …
Persistent link: https://www.econbiz.de/10011092624