Showing 1 - 10 of 18
/product entry and a translog expenditure function by Bayesian methods. The dynamics of net business formation allow us to identify … the extent to which desired price markups and inflation decrease when entry rises. We find that a 1% increase in the …
Persistent link: https://www.econbiz.de/10011190207
Exemptions from costly policy measures are frequently applied to alleviate financial burdens to specific market participants. Using a stated-choice experiment with around 6,000 German household heads, we test how exemptions for low-income households and energy-intensive companies influence the...
Persistent link: https://www.econbiz.de/10013280025
Based on a survey among more than 5,000 German households and a single-binary choice experiment in which we randomly split the respondents into two groups, this paper elicits both households’ willingness to pay (WTP) for power supply security and their willingness to accept (WTA) compensations...
Persistent link: https://www.econbiz.de/10012134362
Based on hypothetical responses originating from a large-scale survey among about 6,000 German households, this study investigates the discrepancy in willingness-to-pay (WTP) estimates for green electricity across single-binary-choice and open-ended valuation formats. Recognizing that...
Persistent link: https://www.econbiz.de/10012173459
Public good games in coalitional form, such as the ones depicting international environmental agreements for the reduction of a global pollutant, generally foresee scarce levels of cooperation. The incentive to free ride, that increases for higher levels of cooperation, prevents the formation of...
Persistent link: https://www.econbiz.de/10013493119
Communication is well known to increase cooperation rates in social dilemma situations, but the exact mechanisms behind this have been questioned and discussed. This study examines the impact of communication on public good provisioning in an artefactual field experiment conducted with 216...
Persistent link: https://www.econbiz.de/10014433379
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...
Persistent link: https://www.econbiz.de/10011048594
According to popular belief, frogs are boiled to death when the water is heated gradually. In this paper, we investigate how humans respond to a very slow versus a very steep increase of a subsidy on contributions to a public good. In an experiment, we vary the mode of the increase (gradual...
Persistent link: https://www.econbiz.de/10011190190
We investigate the impact of various audit schemes on the provision of public goods, when contributing less than the average of the other group members is centrally sanctioned and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10011190210
Many health care systems aim to enhance hospital quality by encouraging competition. However, evidence on the relationship between quality and competition is inconclusive. My contribution to this literature is two-fold. Analyzing the relationship between competition and quality for the German...
Persistent link: https://www.econbiz.de/10013341757