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This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
Destination countries can adopt selective immigration policies to improve migrants' quality. Screening potential migrants on the basis of observable characteristics also influences their self-selection on unobservables. We propose a model that analyzes the effects of selective immigration...
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. Evidence suggests that the stricter quality standards increased the transaction price of used condominiums by 15% in the Tokyo …
Persistent link: https://www.econbiz.de/10009755328
We consider the welfare effects of skilled worker emigration in a context where skilled labor plays a role in product design. We show such emigration can benefit the residents left behind, even when consumers' tastes exhibit a form of home bias. This is because emigration improves the design of...
Persistent link: https://www.econbiz.de/10003737645
We explore the relationship between employee trust of managers and workplace performance. We present a theoretical framework which serves to establish a link between employee trust and firm performance as well as to identify possible mechanisms through which the relationship may operate. We then...
Persistent link: https://www.econbiz.de/10010379264
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10010469022
This paper investigates the link between product quality and price setting for central processing units (CPUs). Using … thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of … sellers, median price, share of convenient prices and level of seller stability, are important factors for explaining price …
Persistent link: https://www.econbiz.de/10012419306