Narrow search
Showing 1 - 10 of 2,210
Cover Image
The hidden costs of choice in the labor market
Au, Pak Hung; Li, King King; Zhang, Qing; Zhu, Rong - 2023
work performance, compared to the alternative of exogenous assignment. Classical economic theory suggests that giving …
Persistent link: https://www.econbiz.de/10014431787
Cover Image
The impact of trade liberalization on firms' product and labor market power
Dobbelaere, Sabien; Wiersma, Quint - 2020
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
Cover Image
Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
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
Cover Image
A theory of price adjustment under loss aversion
Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014
We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility … an otherwise standard dynamic neoclassical model of monopolistic competition. The resulting theory of price adjustment is …
Persistent link: https://www.econbiz.de/10010350414
Cover Image
Price and saliency in health care: when can targeted nudges change behaviors?
Walker, Brigham - 2020
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health services. A large employer e-mailed individually-targeted health education encouraging high-value care to high-risk employees. Weeks before the program launched, a company...
Persistent link: https://www.econbiz.de/10012314696
Cover Image
Women in the workplace and management practices : theory and evidence
Kato, Takao; Kodama, Naomi - 2017
We review recent studies on management practices and their consequences for women in the workplace. First, the High Performance Work System (HPWS) is associated with greater gender diversity in the workplace while there is little evidence that the HPWS reduces the gender pay gap. Second,...
Persistent link: https://www.econbiz.de/10011664389
Cover Image
The determinants of virtue : modelling changes in the CSR ratings of Chinese firms
Wu, Shuangqi; Appleton, Simon; Song, Lina; Jinming, Wang - 2017
Most empirical studies on Corporate Social Responsibility (CSR) use cross-sectional data or case studies, making causality hard to establish. We overcome this limitation by using panel data on Chinese firms. We find no effect of last year's profits on CSR ratings, although their negative...
Persistent link: https://www.econbiz.de/10011762251
Cover Image
Prosocial managers, employee motivation, and the creation of shareholder value
Kajackaite, Agne; Sliwka, Dirk - 2018
Milton Friedman has famously claimed that the responsibility of a manager who is not the owner of a firm is "to conduct the business in accordance with their [the shareholders'] desires, which generally will be to make as much money as possible." In this paper we argue that when contracts are...
Persistent link: https://www.econbiz.de/10011906086
Cover Image
Choosing a partner for social exchange : charitable giving as a signal of trustworthiness
Fehrler, Sebastian; Przepiorka, Wojtek - 2016
People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange games, in which the trustor can choose the trustee, we study whether trustees can signal their...
Persistent link: https://www.econbiz.de/10011493873
Cover Image
From citizen's rights to civic responsibilities
Ronconi, Lucas - 2019
, and negatively reciprocate by ignoring their civic duties. The building blocks of our hypothesis are attribution theory …
Persistent link: https://www.econbiz.de/10012033462