Showing 1 - 10 of 12
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10009548053
Not enough is known about the responsiveness of individuals, in particular those who tend to work under different incentives, to changes in marginal tax rates. We ask whether changes in marginal tax rates are less distortionary for workers engaged in a contest. To examine this potential...
Persistent link: https://www.econbiz.de/10010394004
Models of job tournaments and competitive workplaces more generally predict that while individual effort may increase as competition intensifies between workers, the incentive for workers to cooperate with each other diminishes. We report on a field experiment conducted with workers from a...
Persistent link: https://www.econbiz.de/10003039639
be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable …. Traditional research in the context of entry has explored the strategic reactions of incumbent firms when threatened by the … possibility of entry. However, following De Soto (1989), there has been increasing emphasis on regulatory and institutional …
Persistent link: https://www.econbiz.de/10003310958
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different … the government incentive to impact on entry costs, and how entry subsidies can be used strategically in open economies. We … firms where government subsidizes entry of domestic entrepreneurs. Under autarky the entry subsidy indirectly corrects for …
Persistent link: https://www.econbiz.de/10003894876
-country patterns quite well. -- occupational choice ; entrepreneurship ; firm size ; firm entry ; growth ; skill-biased technical …
Persistent link: https://www.econbiz.de/10009011635
and allocations. -- asking prices ; competing mechanism design ; auctions with entry ; competitive search …
Persistent link: https://www.econbiz.de/10009696885
In this paper we analyse the impact of employment protection legislation (EPL) on firms' entry and exit rates for a … lower entry and exit rates, particularly in industries characterized by higher job reallocation intensity. We also find that … both collective and individual dismissal regulations reduce firms' entry and exit rates. Interestingly, our results suggest …
Persistent link: https://www.econbiz.de/10011452573
-organise and reduce prices in an attempt to deter entry of new competitors. Using data for three broadly-defined network industries … industries (as well as many other industries). Evidence on the immediate effect of removing entry barriers on industry prices and …-organising and downsizing before the entry of new competitors. …
Persistent link: https://www.econbiz.de/10011295517
We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration. Among firms where we can identify at least one owner, 31...
Persistent link: https://www.econbiz.de/10012513226