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Welfare and Competition tool (WELCOM), to estimate with minimum data requirements the direct distributional effects of market … telecommunications and corn products. The results show that increasing competition from four to 12 firms in the mobile telecommunications …
Persistent link: https://www.econbiz.de/10012418634
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
on existing theories of competition in markets with adverse selection. -- Asymmetric information ; competition ; adverse …
Persistent link: https://www.econbiz.de/10003831629
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10009696885
When unemployment prevails, relations with a particular firm are valuable for workers. As a consequence, a worker may adhere to an implicit agreement to provide high effort, even when performance is not third-party enforceable. But can implicit agreements - or relational contracts - also...
Persistent link: https://www.econbiz.de/10003656931
determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …
Persistent link: https://www.econbiz.de/10003814341
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...
Persistent link: https://www.econbiz.de/10010501873
This paper documents the link between finance and informal competition. Using longitudinal firm-level data, we show … that formal firms that are more exposed to the competition of informal firms are less likely to apply for a bank loan. This … informal competition have worse expectations on future sales growth, which in turn are associated with a lower probability of …
Persistent link: https://www.econbiz.de/10013288107
of our core tasks to further explore the interactions between self-awareness, (dis)honesty and competition. We also test …
Persistent link: https://www.econbiz.de/10012494900
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012513226