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A Model Of Market-Enhancing Infrastructure

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 2000

asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …

Persistent link: https://www.econbiz.de/10005656176

Competition, Entry, and the Social Returns to Infrastructure in Transition Economies

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 1999

incentives for relatively low-cost firms to enter the market, and thus improves the efficiency of the entry process. The … among firms, the proportion of high-cost firms, the cost of restructuring, and entry costs for new firms. …

Persistent link: https://www.econbiz.de/10005667044

Acceptance of data sharing in smartphone apps from key industries of the digital transformation : a representative population survey for Germany

Mohr, Svenja; Cloos, Janis - 2021 - Version: January 25, 2021

The use of smartphone apps has numerous advantages for app providers and users. However, the users of many smartphone apps are confronted with a trade-off between usage benefits and preferences for personal data protection. We investigate the acceptability of data sharing in different...

Persistent link: https://www.econbiz.de/10012543160

Inefficient but effective? : a field experiment on the effectiveness of direct and indirect transfer mechanism

Koppel, Hannes; Schulze, Günther G. - 2008

We conduct a field experiment on direct and indirect transfer mechanisms. It shows that people are willing to donate significantly more if the donation is indirect, i.e., it is tied to the purchase of a good with a price premium, rather than made directly. This points to an...

Persistent link: https://www.econbiz.de/10003864434

Offsetting versus mitigation activities to reduce CO2 emissions : a theoretical and empirical analysis for the US and Germany

Lange, Andreas; Ziegler, Andreas - 2012

This paper studies the voluntary provision of public goods that is partially driven by a desire to offset for individual polluting activities. We first extend existing theory and show that offsets allow a reduction in effective environmental pollution levels while not necessarily extending the...

Persistent link: https://www.econbiz.de/10009534054

Adaptation vs. climate protection : responses to climate change and policy preferences of individuals in China, Germany, and the USA

Schwirplies, Claudia - 2015

This paper investigates the interrelation between adaptation and climate protection efforts of individuals in a cross-country comparison. The theoretical predictions based on a subjective utility framework demonstrate that, at the individual level, private adaptation and climate protection...

Persistent link: https://www.econbiz.de/10010459030

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Do pay-as-bid auctions favor collusion? : evidence from Germany's market for reserve power

Heim, Sven; Goetz, Georg - 2013

We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...

Persistent link: https://www.econbiz.de/10009736354

Consolidations in the German interurban bus industry : effects on prices and quantities

Haas, Samuel de; Schäfer, Jan Thomas - 2017

We study effects on prices and quantities of a takeover in the rather concentrated German interurban bus industry. We empirically asses the effect of the takeover of Postbus by Flixbus on industry key features, using a route-level price data set containing prices for more than 6,000 routes in...

Persistent link: https://www.econbiz.de/10011687401

Do pump prices really follow Edgeworth cycles? : evidence from the German retail fuel market

Haas, Samuel de - 2019

Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a cycle. It seems challenging to address this assumption...

Persistent link: https://www.econbiz.de/10011992354