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particular, we illustrate that with quantity competition and under the presence of demand and cost uncertainty information … information sharing occurs between firms and governments within an international duopoly context in which the fims are located in …
Persistent link: https://www.econbiz.de/10009277870
Economics, and other fields of social science are often criticized as unscientific for their apparent failures to formulate universal laws governing human societies. Whether economics is truly a science is one of the oldest questions. This paper attempts to create such universal laws, and...
Persistent link: https://www.econbiz.de/10011109601
Why would social science need the help from quantum mechanics? First, there are many unanswerable questions in social science. Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of finance or economics....
Persistent link: https://www.econbiz.de/10011111388
invalidates many popular economic theories and models, and concludes that the existing economics is not really a science without …
Persistent link: https://www.econbiz.de/10011113488
presents analytical models for the eventual measurement and empirical analyses of factors effecting the level of OSH hazards in … such as efficiency and distribution. Section IV studies market imperfections: market adjustments with imperfect information … community near the workplace and society as a whole; and also externalities in the production of OSH and of OSH information …
Persistent link: https://www.econbiz.de/10005623320
Modern advances give us the ability to re-engineer the taxation system to benefit from computerized automation and the insights of modern psychology. People like to do things that bring a tangible reward. Tax-paying should be made FUN, not a chore. You will want to participate if you perceive a...
Persistent link: https://www.econbiz.de/10011259773
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 …, specifically the availability of quality information to the bidders, on buyers' welfare and turnover of the platform. First we show …
Persistent link: https://www.econbiz.de/10011106292
collected information on the female participants' menstrual cycles. We find that women bid significantly higher than men in …
Persistent link: https://www.econbiz.de/10004976975
right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D:4D has been … bidding or profits. Yet, our study raises an issue of ethnic differences with respect to 2D:4D. …
Persistent link: https://www.econbiz.de/10004976978
gathering information about each bidder's default risk, and the role of commitment. It is shown that the value of gathering … information is negligible when the seller has commitment power and negative when the seller lacks commitment power. When the …
Persistent link: https://www.econbiz.de/10008532158