Showing 1 - 10 of 39
auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … deviations are not an artefact due to the existence of the BIN price, rather a consequence of the specific features of the eBay …
Persistent link: https://www.econbiz.de/10011902715
Persistent link: https://www.econbiz.de/10013428309
Persistent link: https://www.econbiz.de/10000769114
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10003867953
Persistent link: https://www.econbiz.de/10003471601
Persistent link: https://www.econbiz.de/10003471652
Persistent link: https://www.econbiz.de/10003935816
"This paper reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection … this research and its relationship to traditional trade theories. We examine the implications of firm heterogeneity for … distribution. While a number of studies examine the endogenous response of firm productivity to trade liberalization, modeling …
Persistent link: https://www.econbiz.de/10003990942
Persistent link: https://www.econbiz.de/10009553498
This paper addresses the question of how firms react to tax incentives in a formula apportionment (FA) tax regime. Under FA, profits of all consolidated entities of a business group are summed and then allocated according to a formula based on FA factors. We hypothesize that firms may change the...
Persistent link: https://www.econbiz.de/10011401184