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Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016

This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode …. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a … our model, buyers and sellers can simultaneously search in an outside market and use the intermediation service. We show …

Persistent link: https://www.econbiz.de/10011526728

Design and implementation of pay for performance

Gibbs, Michael - 2012

A large, mature and robust economic literature on pay for performance now exists, which provides a useful framework for thinking about pay for performance systems. I use the lessons of the literature to discuss how to design and implement pay for performance in practice. -- incentives ; pay for...

Persistent link: https://www.econbiz.de/10009530776

Does entry regulation hinder job creation? : evidence from the French retail industry

Bertrand, Marianne; Kramarz, Francis - 2002

Are product market and entry regulation key sources of low employment growth in many European countries? We investigate this question in the context of the French retail trade industry. Since 1974, approval by regional zoning boards has been required for the creation or extension of any large...

Persistent link: https://www.econbiz.de/10011405774

Quality and price setting of high-tech goods

Gorodnichenko, Yuriy; Talavera, Oleksandr; Nam Hoai Vu - 2021

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...

Persistent link: https://www.econbiz.de/10012419306

Regulation and UK retailing productivity : evidence from micro data

Haskel, Jonathan; Sadun, Raffaella - 2009

We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and 2003. We document a shift to smaller shops, particularly within supermarket chains, following a regulatory change in 1996 which increased the costs of opening large stores. This...

Persistent link: https://www.econbiz.de/10003814316

Optimizing incentive plan design : a case study

Levenson, Alec Robert; Zoghi, Cindy; Gibbs, Michael; … - 2011

We study effects of a firm's attempt to optimize an existing incentive scheme to increase sales growth for direct store delivery workers. Before optimization workers reported Ratchet Effects that lowered productivity. The altered incentive plan offered higher compensation for increased sales...

Persistent link: https://www.econbiz.de/10009422194

Unemployment insurance as a worker indiscipline device? : evidence from scanner data

Lusher, Lester; Schnorr, Geoffrey C.; Taylor, Rebecca - 2021

We provide causal evidence of an ex ante moral hazard effect of Unemployment Insurance (UI) by matching plausibly exogenous changes in UI benefit duration across state-weeks during the Great Recession to high-frequency productivity measures from individual supermarket cashiers. Estimating models...

Persistent link: https://www.econbiz.de/10012431633

Persistent overconfidence and biased memory : evidence from managers

Huffman, David; Raymond, Collin; Shvets, Julia - 2023

A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...

Persistent link: https://www.econbiz.de/10014311540

Effects of e-commerce on local labor markets

Bauer, Anahid; Fernández Guerrico, Sofia - 2023

This paper studies the effect of e-commerce on local labor markets. We exploit cross-market variation in e-commerce price advantage stemming from the enactment of the Amazon Tax-state-level legislation that mandates state sales taxes collection to out-of-state online retailers. Introducing...

Persistent link: https://www.econbiz.de/10014319158

Efficient redistribution: comparing basic income with unemployment benefits

FitzRoy, Felix R.; Jin, Jim Y. - 2010

We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple utility function, with both intensive and extensive margins, the unemployed are likely better off with pure BI than pure UB, regardless of labour supply elasticity and wage...

Persistent link: https://www.econbiz.de/10009153046