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Supply theory sans profit-maximization
Dasgupta, Indraneel - 2009
predictive content of the traditional theory of competitive supply. A number of key results in the deterministic theory follow as … subsuming the traditional theory as a special case. -- Supply aggregation ; stochastic supply function ; stochastic consistency …We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite …
Persistent link: https://www.econbiz.de/10003810898
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Dealer pricing of consumer credit
Bertola, Giuseppe; Hochgürtel, Stefan; Koeniger, Winfried - 2002
Interest rates on consumer lending are lower when funds are tied to purchase of a durable good than when they are made available on an unconditional basis. Further, dealers often choose to bear the financial cost of their customers' credit purchases. This paper interprets this phenomenon in...
Persistent link: https://www.econbiz.de/10011406655
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Taking time use seriously : income, wages and price discrimination
Hamermesh, Daniel S.; Biddle, Jeff - 2018
Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10011951477
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Where to look for the morals in markets?
Sutter, Matthias; Huber, Jürgen; Kirchler, Michael; … - 2016
not on the existence of an externality. Hence, the market forces of supply and demand work equally well in determining …
Persistent link: https://www.econbiz.de/10011518078
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Tracking when ranking matters
Landaud, Fanny; Maurin, Eric - 2022
This paper investigates the effect of grouping students by prior achievement into different classes (or schools) in settings where students are competing for admission to programs offering only a limited number of places. We first develop a model that identifies the conditions under which the...
Persistent link: https://www.econbiz.de/10013170260
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The persistent effect of competition on prosociality
Kosse, Fabian; Rajan, Ranjita; Tincani, Michela M. - 2023
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014428113
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Human capital investment with competitive labor search
Kaas, Leo (contributor); Zink, Stefan (contributor) - 2008
We study human capital accumulation in an environment of competitive search. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in...
Persistent link: https://www.econbiz.de/10003759353
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Should you compete or cooperate with your schoolmates?
Bratti, Massimiliano (contributor);  … - 2008
behaviour, particularly in tracked educational systems. -- Cooperation ; competition ; PISA ; student attitudes …
Persistent link: https://www.econbiz.de/10003737643
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Worker self-selection and the profits from cooperation
Kosfeld, Michael (contributor);  … - 2008
We investigate a competitive labor market with team production. Workers differ in their motivation to exert team effort and types are private information. We show that there can exist a separating equilibrium in which workers self-select into different firms and firms employing cooperative...
Persistent link: https://www.econbiz.de/10003784391
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Labour and product market reforms : a case for policy complementarity
Amable, Bruno (contributor); Gatti, Donatella (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002115431