Showing 1 - 10 of 55
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10003947945
investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the …) there is strong evidence in our data for the declining price anomaly, or "afternoon effect". -- Art auctions ; masterpiece …
Persistent link: https://www.econbiz.de/10003688791
We study three procedures to elicit attitudes towards delayed payments: the Becker-DeGroot-Marschak procedure; the second price auction; and the multiple price list. The payment mechanisms associated with these methods are widely considered as incentive compatible, thus if preferences satisfy...
Persistent link: https://www.econbiz.de/10011455836
This paper assesses the effects of changes in scoring weights in auctions, using a unique sample of biddings of private … scoring weights of the quality items result in higher price bids, particularly of WTW-firms that are bidding for the first … methodology item to contribute to the job placement of workers. -- scoring auctions ; welfare-to-work …
Persistent link: https://www.econbiz.de/10009683192
We study experimentally the effect of bargaining power in two sequential mechanisms that offer the possibility to trade …
Persistent link: https://www.econbiz.de/10011407823
affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … study is that trade and capital movements are very unlikely to lead to an equalisation of factor prices. Thus, strong …
Persistent link: https://www.econbiz.de/10011391753
paper I illustrate their long-term consequences. I first consider the influence of the slave trade on the "sending … consequences of the slave trade on the "receiving" countries in the Americas. Here I distinguish between the case of Latin America …
Persistent link: https://www.econbiz.de/10011283184
This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We … product markets have become increasingly integrated. Moreover, it can explain why the volume of trade between developed and …
Persistent link: https://www.econbiz.de/10011339677
international trade increasing competition and therefore the price elasticity of product demand, exporters are predicted to have …
Persistent link: https://www.econbiz.de/10009771744
played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010226717