Narrow search
Showing 1 - 10 of 478
Cover Image
Pricing a Package of Services
Ketelaar, Felix; Szalay, Dezso - C.E.P.R. Discussion Papers - 2014
bundling if consumer types are affiliated. Conversely, if consumer types are negatively affiliated over some portion of types … then some bundling occurs. …
Persistent link: https://www.econbiz.de/10011145402
Cover Image
Credit within the Firm
Guiso, Luigi; Pistaferri, Luigi; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2010
We exploit time variation in the degree of development of local credit markets and matched employer-employee data to assess the role of the firm as an internal credit market. In less developed local credit markets firms can offer a flatter wage-tenure profile than firms in more developed credit...
Persistent link: https://www.econbiz.de/10008468516
Cover Image
The Firm as the Locus of Social Comparisons: Internal Labor Markets versus Up-or-out
Auriol, Emmanuelle; Friebel, Guido; Lammers, Frauke - C.E.P.R. Discussion Papers - 2012
We suggest a parsimonious dynamic agency model in which workers have status concerns. A firm is a promotion hierarchy in which a worker’s status depends on past performance. We investigate the optimality of two types of promotion hierarchies: (i) internal labor markets, in which agents have a...
Persistent link: https://www.econbiz.de/10011083868
Cover Image
Dynamism and Inertia on the Russian Labour Market: A Model of Segmentation
Grosfeld, Irena; Kolenikov, Stanislav; Paltseva, Elena; … - C.E.P.R. Discussion Papers - 1999
This paper proposes an explanation of the puzzling coexistence of elements of inertia and dynamism on the Russian labour market using a segmentation model. Risk averse workers are differentiated according to their productivity. They face a trade-off between wages and access to social services...
Persistent link: https://www.econbiz.de/10005504763
Cover Image
The Impact of 'Rollover' Contracts on Switching Costs in the UK Voice Market: Evidence from Disaggregate Customer Billing Data
Crawford, Gregory S; Tosini, Nicola; Waehrer, Keith - C.E.P.R. Discussion Papers - 2011
In February 2008, British Telecommunications (BT) introduced automatically renewing, or ‘rollover’, contracts into the UK market for fixed-voice telephone service. These contracts included a 12-month Minimum Contract Period (MCP) with associated Early Termination Charges (ETCs). Unless...
Persistent link: https://www.econbiz.de/10009385761
Cover Image
Bundling and the Unanimity Rule
Erlenmaier, Ulrich; Gersbach, Hans - C.E.P.R. Discussion Papers - 2004
(bundling) are allowed, but can only be proposed once in a legislative term; (b) the person who designs the package is also …
Persistent link: https://www.econbiz.de/10005791780
Cover Image
Economic Theories of Bundling and their Policy Implications in Abuse Cases: An Assessment in Light of the Microsoft Case
Caffarra, Cristina; Kühn, Kai-Uwe; Stillman, Robert - C.E.P.R. Discussion Papers - 2004
Theories of bundling have had great importance in European competition policy in recent merger control and abuse of … bundling cases can be structured. We first provide an overview of existing bundling theories, concentrating on robust economic … anticompetitive bundling. We show that a careful reading undermines recently proposed arguments for a (modified) per se legality rule …
Persistent link: https://www.econbiz.de/10005123890
Cover Image
The Welfare Effects of Bundling in Multichannel Television Markets
Crawford, Gregory S; Yurukoglu, Ali - C.E.P.R. Discussion Papers - 2011
We measure how the bundling of television channels affects welfare. We estimate an industry model of viewership, demand …, pricing, bundling, and input market bargaining using data on ratings, purchases, prices, bundles, and input costs. We conduct …
Persistent link: https://www.econbiz.de/10009001064
Cover Image
Ain’t it "Suite"? Bundling in the PC Office Software Market
Gandal, Neil; Markovich, Sarit; Riordan, Michael - C.E.P.R. Discussion Papers - 2012
effects of bundling in the office productivity software market. We examine the competitive effects of bundling in a simulated …
Persistent link: https://www.econbiz.de/10011083678
Cover Image
Public Procurement in Times of Crisis: The Bundling Decision Reconsidered
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2013
The government wants two tasks to be performed. In each task, unobservable effort can be exerted by a wealth-constrained private contractor. If the government faces no binding budget constraints, it is optimal to bundle the tasks. The contractor in charge of both tasks then gets a bonus payment...
Persistent link: https://www.econbiz.de/10011084088