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History-Based Price Discrimination with Imperfect Information Accuracy and Asymmetric Market Shares
Colombo, Stefano; Graziano, Clara; Pignataro, Aldo - 2021
The paper considers a duopoly model in which firms inherited asymmetric market shares and history-based price discrimination is viable. However, firms can identify only a share of their own consumers depending to the degree of information accuracy. We derive the pricing strategies and we analyze...
Persistent link: https://www.econbiz.de/10013229698
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Reservation Wages and Labor Supply
Kesternich, Iris - 2020
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
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The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation
Adda, Jérôme; Dustmann, Christian; Goerlach, Joseph-Simon - 2021
profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10013229696
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Wage and Employment Cyclicalities at the Establishment Level
Merkl, Christian; Stueber, Heiko - 2021
cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10013212779
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Aligning Profit Taxation with Value Creation
Richter, Wolfram F. - 2019
The OECD seeks to align transfer pricing and profit taxation with value creation but fails to provide a clear definition. This paper argues that value creation requires international cooperation and that the profit tax base should therefore be allocated according to standards commonly considered...
Persistent link: https://www.econbiz.de/10012872065
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Gift exchange in the workplace: money or attention?
Dur, Robert - 2008
altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10010264516
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Do managers with limited liability take more risky decisions? An information acquisition model
Malcomson, James M. - 2010
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when …
Persistent link: https://www.econbiz.de/10010275809
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Virtual capacity and competition
Schultz, Christian - 2005
In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...
Persistent link: https://www.econbiz.de/10010261290
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Resale price maintenance and restrictions on dominant firm and industry-wide adoption
Foros, Øystein; Kind, Hans Jarle; Schaffer, Greg - 2007
This paper examines the use of market-share thresholds (safe harbors) in evaluating whether a given vertical practice should be challenged. Such thresholds are typically found in vertical restraints guidelines (e.g., the 2000 Guidelines for the European Commission and the 1985 Guidelines for the...
Persistent link: https://www.econbiz.de/10010264159
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Market shares in two-sided media industries
Kind, Hans Jarle; Stähler, Frank - 2009
This paper generalizes the frequently used Hotelling model for two-sided markets in order to determine the equilibrium market shares. We show that advertisement levels depend neither on the media price nor on the location of the media firm. An increase in advertising revenues does not change...
Persistent link: https://www.econbiz.de/10010265997