Showing 1 - 10 of 2,265
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price …
Persistent link: https://www.econbiz.de/10011407823
raise the cost of operating a business, and the price charged to consumers. To decrease these costs, we designed a feedback … intervention reduces the average cost for firms and the price they charge to consumers. Since fewer firms substitute bribes for …
Persistent link: https://www.econbiz.de/10011881469
evaluates that literature, clarifies what tournament theory predicts about the relationship, identifies methodological pitfalls … relationship between pay disparity and firm performance. Tournament theory offers a unified framework that can explain an inverted …
Persistent link: https://www.econbiz.de/10015075389
Bitcoin in particular and so-called cryptocurrencies in general have shaken up the financial world and seem to be … also with significant risks. This paper analyzes the connection between one such crypto, bitcoin, and other traditional … indicate that, as of late, bitcoin has become increasingly interdependent with gold, and seems just as suitable to hedge …
Persistent link: https://www.econbiz.de/10012517614
consistent with the theory) is that the adoption of both self-managed online teams and cross-functional offline teams usually … in firms with joint labor-management committees. We also confirm implications from our theory that firms in more … competitive markets are more likely to adopt both types of teams while firms facing more erratic price movement tend not to adopt …
Persistent link: https://www.econbiz.de/10003561667
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10003925275
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 middleman mode where an intermediary holds inventories which...
Persistent link: https://www.econbiz.de/10011526728
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10011476548
permitting data mining for end-user services, policymakers, and law enforcement investigations and interventions. In this paper …
Persistent link: https://www.econbiz.de/10012256941