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Booth, Alison L - C.E.P.R. Discussion Papers - 2009

In almost all European Union countries, the gender wage gap is increasing across the wages distribution. In this lecture I briefly survey some recent studies aiming to explain why apparently identical women and men receive such different returns and focus especially on those incorporating...

Persistent link: https://www.econbiz.de/10005082540

Gender and Competition

Booth, Alison L. - Research School of Economics, College of Business and … - 2009

Persistent link: https://www.econbiz.de/10008490579

A Theory of Fairness, Competition and Cooperation

Fehr, Ernst; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 1998

There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish...

Persistent link: https://www.econbiz.de/10005504682

Social Identity and Preferences over Redistribution

Klor, Esteban F; Shayo, Moses - C.E.P.R. Discussion Papers - 2007

We design an experiment to study the effects of social identity on preferences over redistribution. The experiment highlights the trade-off between social identity concerns and maximization of monetary payoffs. Subjects belonging to two distinct natural groups are randomly assigned gross incomes...

Persistent link: https://www.econbiz.de/10005114256

Budget Processes: Theory and Experimental Evidence

Ehrhart, Karl-Martin; Gardner, Roy J; Keser, Claudia; … - C.E.P.R. Discussion Papers - 2001

This Paper studies budget processes, both theoretically and experimentally. We compare the outcomes of bottom-up and top-down budget processes. It is often presumed that a top-down budget process leads to a smaller overall budget than a bottom-up budget process. We show, using structurally...

Persistent link: https://www.econbiz.de/10005662099

Stock Market Quality in the Prescence of a Traded Option

de Jong, Cyriel; Koedijk, Kees; Schnitzlein, Charles - C.E.P.R. Discussion Papers - 2002

We use a controlled economic experiment to examine the implications of asymmetric information for informational linkages between a stock market and a traded call option on that stock. The setting is based on the Kyle model and Back (1993). We find that an insider trades aggressively in both the...

Persistent link: https://www.econbiz.de/10005789115

On Public Opinion Polls and Voters' Turnout

Klor, Esteban F; Winter, Eyal - C.E.P.R. Discussion Papers - 2006

This paper studies the effects that the revelation of information on the electorate's preferences has on voters' turnout decisions. The experimental data show that closeness in the division of preferences induces a significant increase in turnout. Moreover, for closely divided electorates (and...

Persistent link: https://www.econbiz.de/10005661831

No Trade

Carrillo, Juan D; Palfrey, Thomas R - C.E.P.R. Discussion Papers - 2007

We investigate, in a simple bilateral bargaining environment, the extent to which asymmetric information can induce individuals to engage in exchange where trade is not mutually profitable. We first establish a no-trade theorem for this environment. A laboratory experiment is conducted, where...

Persistent link: https://www.econbiz.de/10005661979

Relational Contracts and Competitive Screening

Calzolari, Giacomo; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2009

We study the tension between competitive screening and contract enforcement where a principal trades repeatedly with one among several agents, moral hazard and adverse selection coexist, and non-contractible dimensions are governed by relational contracting. We simultaneously characterize...

Persistent link: https://www.econbiz.de/10005082534

Auctions vs Negotiations in Public Procurement: Which Works Better?

Lalive, Rafael; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2011

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …

Persistent link: https://www.econbiz.de/10009275960