Showing 1 - 10 of 391
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers’ behavior and firms’ incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms’...
Persistent link: https://www.econbiz.de/10014080609
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists … to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism … factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism …
Persistent link: https://www.econbiz.de/10013228867
The emergence of competition is a defining aspect of human nature and characterizes many important social environments …
Persistent link: https://www.econbiz.de/10012866401
publications in Wiley and Springer Nature journals at the cost of other journals. From that two related competition concerns emerge …
Persistent link: https://www.econbiz.de/10013236277
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013293277
In this study, we examine the influence of competitiveness on the stability of labour relations using the example of premature employment and training contract termination in the apprenticeship education sector. The paper extends the small but growing evidence on the external relevance of...
Persistent link: https://www.econbiz.de/10013214340
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
competition on investment: competition seemingly helps stimulating investment in the most developed areas, but has probably no …
Persistent link: https://www.econbiz.de/10010274752
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...
Persistent link: https://www.econbiz.de/10010264598
We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a … new commercial airport increased tourism in the Allgäu region over the period 2008-2016. The positive effect is especially …
Persistent link: https://www.econbiz.de/10012844207