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Induced Price Leadership and (Counter-)Spying Rivals' Play Under Incomplete Information

Fan, Cuihong - 2019

We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...

Persistent link: https://www.econbiz.de/10012892109

Optimal Taxation of Robots

Thuemmel, Uwe - 2019

I study the optimal taxation of robots and labor income. In the model, robots substitute for routine labor and complement non-routine labor. I show that while it is optimal to distort robot adoption, robots may be either taxed or subsidized. The robot tax exploits general-equilibrium effects to...

Persistent link: https://www.econbiz.de/10012892266

The Effect of Child Care Costs on Gender Inequality

Casarico, Alessandra; Del Rey, Elena; Silva, José Ignacio - 2022

We develop a model to study the impact on gender gaps in participation and wages of a liquidity constraint that prevents some households from paying child care. We show that this liquidity constraint generates an inefficiency and amplifies gender gaps in the labour market. In this framework, an...

Persistent link: https://www.econbiz.de/10014081045

Parental Time Restrictions and the Cost of Children : Insights from a Survey Among Mothers

Borah, Melanie - 2019

In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental time restrictions. Building on a study by Koulovatianos et al. (2009) that introduces a novel way of using subjective income evaluation data for such estimations, we conduct a...

Persistent link: https://www.econbiz.de/10012892262

Fertility Cost, Intergenerational Labor Division, and Female Employment

Yu, Haiyue - 2019

China has set to increase the minimum retirement age, to ease the pressure from pension expenditure and the falling labor supply caused by the aging population. However, policy debates have so far neglected the crucial fact that families in China largely rely on retired grandparents for...

Persistent link: https://www.econbiz.de/10012892279

Comparing Crowdfunding Mechanisms : Introducing the Generalized Moulin-Shenker Mechanism

Woerner, Andrej; Onderstal, Sander; Schram, Arthur - 2022

For reward-based crowdfunding, we introduce the strategy-proof Generalized Moulin-Shenker mechanism (GMS) and compare its performance to the prevailing All-Or-Nothing mechanism (AON). Theoretically, GMS outperforms AON in equilibrium profit and funding success. We test these predictions...

Persistent link: https://www.econbiz.de/10014241992

Distributional Effects of Surging Housing Costs Under Schwabe's Law

Grossmann, Volker - 2019

The upward sloping trend of rents and house prices has initiated a debate on the consequences of surging housing costs … the isolated effects of increasing housing costs in partial equilibrium. The model is closed by introducing a production … dampening the growth of housing costs. Abolishing zoning regulations triggers a slower rent growth and reduces wealth inequality …

Persistent link: https://www.econbiz.de/10012867877

Exporting Costs and Multi-Product Shipments

Gomtsyan, David; Tarasov, Alexander - 2021

mechanism considered in the paper is based on that multiproduct shipments allow splitting fixed costs per shipment across many … products and, therefore, reducing total shipment costs. As a result, more developed countries tend to have lower fixed costs …-product shipments in determining shipping costs …

Persistent link: https://www.econbiz.de/10013315049

Fiscal Competition in Space and Time : An Endogenous-Growth Approach

Becker, Daniel Thomas; Rauscher, Michael - 2021

of immobile residents. Investment is costly: Quadratic installation and de-installation costs limit the mobility of … and effects of changes in installation costs are ambiguous …

Persistent link: https://www.econbiz.de/10013316964

Inefficient Water Pricing and Incentives for Conservation

Chakravorty, Ujjayant - 2019

We use two randomized controlled trials in Bangladesh to study a simple water conservation technology for rice production called “Alternate Wetting and Drying (AWD)”. Despite proven results in agronomic trials, our first experiment shows that AWD only saves water and increases profits in...

Persistent link: https://www.econbiz.de/10012889757