Showing 1 - 10 of 3,641
While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...
Persistent link: https://www.econbiz.de/10011346282
The paper's objective is to assess price discrimination in magazine subscriptions in the Brazilian market. Oster and Scott-Morton (2005) had advanced a price discrimination mechanism in which the ratio between subscription and newsstand prices would be positively associated to the extent that a...
Persistent link: https://www.econbiz.de/10010434131
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We introduce individual demand uncertainty into Hotellingś model of product differentiation and show that firms offer advance purchase discounts. Consumers choose between an early...
Persistent link: https://www.econbiz.de/10010211444
We analyze the impact of indirect network effects in the deployment of zero emission vehicles in a static partial equilibrium model. In most theoretical analysis direct and indirect effects are conflated, and relatively few authors have explicitly considered indirect network effects. We also...
Persistent link: https://www.econbiz.de/10011845282
evidence on punishment preferences, in which subjects reveal a heterogeneous preference for punishing wrongdoers, our model … identifies circumstances in which “punitive” individuals (with stronger-than-average punishment preferences) will self …-select into law enforcement jobs that offer the opportunity to punish (or facilitate the punishment of) wrongdoers. Such “punitive …
Persistent link: https://www.econbiz.de/10010509622
systems exist that avoid these costs and whether other, more centralized, punishment systems are superior and will be … preferred by the people. Here, we show that welfare-enhancing peer sanctioning without much need for costly punishment emerges …. The exogenous removal of the norm consensus opportunity reduces the efficiency of peer punishment and renders centralized …
Persistent link: https://www.econbiz.de/10011825357
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation … cooperation with punishment which leads to a decrease in conditional cooperation. The power to punish means more responsibility …
Persistent link: https://www.econbiz.de/10011864590
This paper argues that the "Economics of Crime" concentrates too much on punishment as a policy to fight crime, which … is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several … feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …
Persistent link: https://www.econbiz.de/10003861760
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/10010518819
This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative …
Persistent link: https://www.econbiz.de/10009764955