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Buehler, Stefan - 2015

This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...

Persistent link: https://www.econbiz.de/10013022501

The Economics of Bitcoins -- Market Characteristics and Price Jumps

Gronwald, Marc - 2015

This paper deals with the economics of Bitcoins in two ways. First, it broadens the discussion on how to capture Bitcoins using economic terms. Center stage in this analysis take the discussion of some unique characteristics of this market as well as the comparison of Bitcoins and gold. Second,...

Persistent link: https://www.econbiz.de/10013030485

Emotions in Litigation Contests

Baumann, Florian - 2011

This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...

Persistent link: https://www.econbiz.de/10013129864

A Simple Model of Health Insurance Competition

Kemnitz, Alexander - 2010

This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …

Persistent link: https://www.econbiz.de/10013136650

Competition between Content Distributors in Two-Sided Markets

Bergh, Harald - 2012

We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...

Persistent link: https://www.econbiz.de/10013103607

Bank Competition and Financial Stability : A General Equilibrium Exposition

De Nicolo, Gianni - 2013

failures. In this model, there is no trade-off between bank competition and financial stability …

Persistent link: https://www.econbiz.de/10013086044

Intra-Group Heterogeneity in Collective Contests

Nitzan, Shmuel - 2013

Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...

Persistent link: https://www.econbiz.de/10013086980

Hospital Competition with Soft Budgets

Brekke, Kurt Richard - 2013

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i.e., the payer may cover deficits or confiscate surpluses. The basic set up is a Hotelling model with two hospitals that differ in location and face demand uncertainty, where...

Persistent link: https://www.econbiz.de/10013087727

Measuring Strategic Firm Interaction in Product-Quality Choices : The Case of Airline Flight Frequency

Brueckner, Jan K. - 2013

multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect …

Persistent link: https://www.econbiz.de/10013088139

Does Competition Justify Inequality?

Bartling, Björn - 2016

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rule book slowdowns or quality shading. To analyze fairness perceptions associated with...

Persistent link: https://www.econbiz.de/10013000910

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