Narrow search
Showing 1 - 10 of 197
Cover Image
Gains and Losses of India-China Trade Cooperation – a Gravity Model Impact Analysis
Bhattacharya, Swapan K.; Bhattacharyay, Biswanath - CESifo - 2007
As revealed by the trade intensity indices, India and the People’s Republic of China have significant bilateral trade potential, which remains unexplored until now. These countries are presently negotiating for free trade arrangements among them based on their complementarities. This paper...
Persistent link: https://www.econbiz.de/10005181626
Cover Image
Who Should Pay for Certification?
Stahl, Konrad O.; Strausz, Roland - CESifo - 2011
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer …-induced certification acts as an inspection device, seller-induced certification as a signalling device. Seller-induced certification … maximizes the certifier’s profit and social welfare. This suggests the general principle that certification is, and should be …
Persistent link: https://www.econbiz.de/10008853867
Cover Image
The Role of Standards in Eco-innovation: Lessons for Policymakers
Vollebergh, Herman R. J.; Werf, Edwin van der - CESifo - 2013
This paper aims to help policy makers identify how standards can contribute to the effective and cost … discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …
Persistent link: https://www.econbiz.de/10010667411
Cover Image
Explaining the Favorite-Longshot Bias : Is it Risk-Love or Misperceptions?
Snowberg, Erik - 2011
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10013133607
Cover Image
Enforcement of Contribution Norms in Public Good Games with Heterogeneous Populations
Reuben, Ernesto - 2011
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10013134512
Cover Image
Worker Characteristics and Wage Differentials : Evidence from a Gift-Exchange Experiment
Englmaier, Florian - 2011
There is ample empirical evidence indicating that a substantial fraction of the population exhibits social preferences. Recent work also shows that social preferences influence the effectiveness of incentives in labor relations. Hence when making contracting decisions, employers should take into...
Persistent link: https://www.econbiz.de/10013118359
Cover Image
Spillover Effects of Minimum Wages : Theory and Experimental Evidence
Dittrich, Marcus - 2011
We study the spillover effects of minimum wages in a laboratory experiment. In a bilateral firm-worker bargaining setting, we find that the introduction of a minimum wage exerts upward pressure on wages even if the minimum wage is too low to be a binding restriction. Furthermore, raising the...
Persistent link: https://www.econbiz.de/10013120274
Cover Image
Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods
Cettolin, Elena - 2011
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013120907
Cover Image
Social Preferences in the Lab : A Comparison of Students and a Representative Population
Cappelen, Alexander W. - 2011
Can lab experiments on student populations serve to identify the motivational forces present in society at large? We address this question by conducting, to our knowledge, the first study of social preferences that brings a nationally representative population into the lab, and we compare their...
Persistent link: https://www.econbiz.de/10013122414
Cover Image
A Gift is Not Always a Gift : Gift Exchange in a Voucher Experiment
Becker, Sascha O. - 2011
Different from traditional gift exchange experiments, we study a field experiment where a random subsample of participants in the Swiss Labor Force Survey was sent vouchers to be used in adult training courses. Importantly for our purposes, actual voucher redemption can be traced. This gives the...
Persistent link: https://www.econbiz.de/10013123801