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The Effect of Native Language on Internet Usage
Gandal, Neil - C.E.P.R. Discussion Papers - 2002
In this Paper, I explore the relationship between native language and use of the Internet and examine whether English is likely to retain its first-mover advantage of a large installed base of English language websites. I study this issue empirically using a unique dataset on (home) Internet use...
Persistent link: https://www.econbiz.de/10005504208
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Price Variation Antagonism and Firm Pricing Policies
Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007
Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact of varying price on demand is ambiguous. We investigate the issue...
Persistent link: https://www.econbiz.de/10005656358
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Does Responsive Pricing Smooth Demand Shocks?
Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2008
Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the responsiveness of price to demand conditions reduces the magnitude of...
Persistent link: https://www.econbiz.de/10005661936
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Backward integration, forward integration, and vertical foreclosure
Spiegel, Yossi - C.E.P.R. Discussion Papers - 2013
I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.
Persistent link: https://www.econbiz.de/10011084209
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Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages based on Urban Economic Theory
Ross, Stephen L.; Zenou, Yves - C.E.P.R. Discussion Papers - 2007
allow for behavioural substitution between leisure time at home and effort at work. In equilibrium, residing at a location … with a long commute affects the time available for leisure at home and therefore affects the trade-off between effort at … wages, which are both consistent with shirking and leisure being substitutable. …
Persistent link: https://www.econbiz.de/10005788928
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Hobbies, Skills and Incentives to Work: The Happy Gardener and the Wealthy Golfer
Sällström, Susanna - C.E.P.R. Discussion Papers - 2007
goods that enabled humans to derive more pleasure out of leisure, namely dance and music. I model the incentives to invent …
Persistent link: https://www.econbiz.de/10005504741
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Employment and Distributional Effects of Restricting Working Time
Marimon, Ramon; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1999
We study the emplyment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions. Job creation entails some fixed costs, but existing jobs are subject to diminishing returns. We characterize the equilibrium in the de-regulated...
Persistent link: https://www.econbiz.de/10005067610
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On the Taxation of Human and Physical Capital in Models of Endogenous Growth
Milesi-Ferretti, Gian Maria; Roubini, Nouriel - C.E.P.R. Discussion Papers - 1996
endogenous growth. It examines in particular how these effects depend on the specification of the leisure activity and on the …
Persistent link: https://www.econbiz.de/10005114284
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Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages based on Urban Economic Theory
Ross, Stephen L.; Zenou, Yves - C.E.P.R. Discussion Papers - 2008
allow for behavioural substitution between leisure time at home and effort at work. In equilibrium, residing at a location … with a long commute affects the time available for leisure at home and therefore affects the trade-off between effort at … wages, which are both consistent with shirking and leisure being substitutable. …
Persistent link: https://www.econbiz.de/10005662249
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Good rankings are bad - Why reliable rankings can hurt consumers
Bouton, Laurent; Kirchsteiger, Georg - C.E.P.R. Discussion Papers - 2011
Ranking have become increasingly popular on markets for study programs, restaurants, wines, cars, etc. This paper analyses the welfare implication of such rankings. Consumers have to make a choice between two goods of unknown quality with exogenous presence or absence of an informative ranking....
Persistent link: https://www.econbiz.de/10009385758