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Pay What You Want as a Marketing Strategy in Monopolistic and Competitive Markets

Schmidt, Klaus M. - 2014

Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...

Persistent link: https://www.econbiz.de/10013043182

A Third Benefit of Joint Non-OPEC Carbon Taxes : Transferring OPEC Monopoly Rent

Dong, Yan - 2013

This paper highlights the potential for joint OECD (or non-OPEC) carbon taxes to reduce OPEC's monopoly rent and … theory, the primary purpose of a carbon tax is to internalize a global negative externality. A second benefit for individual … the supplier's price of oil, thus decreasing non-OPEC countries' oil demand, and transferring OPEC monopoly rent to non …

Persistent link: https://www.econbiz.de/10013095719

Managing Trade : Evidence from China and the US

Bloom, Nicholas - 2019

We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First, better...

Persistent link: https://www.econbiz.de/10012898431

Chinese Experience with Global 3G Standard-Setting

Whalley, John - 2009

China's growth strategy as set out in the 11th 5-year plan in 2005 called for upgrading of product quality, the development of an innovation society, and reduced reliance on foreign intellectual property with high license fees. Consistent with this policy, China has been involved in recent years...

Persistent link: https://www.econbiz.de/10012764968

Quality and the Great Trade Collapse

Chen, Natalie - 2015

We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...

Persistent link: https://www.econbiz.de/10013010482

Credit Constraints, Quality, and Export Prices : Theory and Evidence from China

Fan, Haichao; Lai, Edwin L.-C; Li, Yao Amber - 2021

competing theory based on the alternative assumption that quality is exogenous across firms would predict completely opposite …

Persistent link: https://www.econbiz.de/10013315727

Decomposing China's Export Growth into Extensive Margin, Export Quality and Quantity Effects

Gao, Yue; Whalley, John; Ren, Yonglei - 2021

This paper decomposes the growth of China’s export into three parts: growth in the extensive margin, increased quantity and increased prices; we perform a series of empirical analyses using China’s export data at HS-6 digit to analyze the characteristics of China’s export growth. From 1995...

Persistent link: https://www.econbiz.de/10013315776

Who Should Pay for Certification?

Stahl, Konrad O.; Strausz, Roland - 2021

Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...

Persistent link: https://www.econbiz.de/10013316064

Quality and Gravity in International Trade

Flach, Lisandra - 2016

. Consistent with our theory, vertical differentiation affects exports via sunk costs and the extensive margin, whereas the effect …

Persistent link: https://www.econbiz.de/10012980575

Optimal Taxation in a Habit Formation Economy

Koehne, Sebastian; Kuhn, Moritz - CESifo - 2014

We study implications of habit formation for optimal taxation. First, we show that taxation problems with habit formation can be analyzed using dynamic programming techniques. Second, we derive optimal labor and savings wedges for habit formation preferences. We show that habit formation...

Persistent link: https://www.econbiz.de/10010877782