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Greasing the Wheels of International Commerce : How Services Facilitate Firm's International Sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - 2021
manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of …
Persistent link: https://www.econbiz.de/10013316255
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Going Deep : The Trade and Welfare Effects of TTIP
Aichele, Rahel - 2015
Since July 2013, the EU and the US have been negotiating a preferential trade agreement (PTA), the Transatlantic Trade and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and international input-output linkages to quantify its potential...
Persistent link: https://www.econbiz.de/10013030303
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On the Equivalence of Location Choice Models : Conditional Logit, Nested Logit and Poisson
Schmidheiny, Kurt - 2009
It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...
Persistent link: https://www.econbiz.de/10013157652
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Continuous Logit Polycentric City Model
Wrede, Matthias - 2014
This paper analyzes a closed, essentially linear polycentric city with homogenous households who probabilistically select their workplace and residence locations. The study utilizes a continuous logit model to describe household location choices. In contrast to the classic urban model with...
Persistent link: https://www.econbiz.de/10013059493
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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
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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
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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
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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
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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
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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