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unbiased informative ranking. The existence of the ranking might affect the welfare of all consumers negatively. With rigid … prices, the ranking induced change in demand can be detrimental to all consumers in markets featuring rationing or … consumption externalities. With perfectly flexible prices, the ranking might increase firms' market power, and hence lead to …
Persistent link: https://www.econbiz.de/10013024517
Is skill dispersion a source of comparative advantage? While it is established that a country's aggregate endowment of human capital is an important determinant of comparative advantage, this paper investigates whether the distribution of skills in the labor force can play a role in the...
Persistent link: https://www.econbiz.de/10013158695
Using an incentivized measure of test for competition, this paper investigates whether this taste explains subsequent gender differences in earnings and industry choice in a sample of high-ability MBA graduates. We find that “competitive” individuals earn 9% more than their less competitive...
Persistent link: https://www.econbiz.de/10013012390
We study how firms differ from their competitors using new time-varying measures of product differentiation based on text-based analysis of product descriptions from 50,673 firm 10-K statements filed yearly with the Securities and Exchange Commission. This year-by-year set of product...
Persistent link: https://www.econbiz.de/10013143460
Persistent link: https://www.econbiz.de/10012545746
Margarete Rosina investigates whether it makes sense for family firms to communicate their family firm status to consumers. To do so, she conducts two experimental studies using a sample of 349 consumers. Using a branding perspective, the first study looks at whether consumers perceive family...
Persistent link: https://www.econbiz.de/10012396517
Einleitung -- Rechtliche und ökonomische Grundlagen -- Deutsche Stiftungen mit Unternehmensbezug -- Systematische Literaturanalyse und Modell -- Experteninterviews -- Diskussion und Ausblick -- Literaturverzeichnis.
Persistent link: https://www.econbiz.de/10012596912
Scholars engage in extensive debate about the role of families and corporations in economic growth. Some propose that personal ties provide a mechanism for overcoming such transactions costs as asymmetrical information, while others regard familial connections as conduits for inefficiency, with...
Persistent link: https://www.econbiz.de/10012965431
Annika Halder zeigt, dass der Einfluss von Familienmitgliedern und die Persönlichkeit des Familienunternehmers entscheidend für die unternehmerische Ausrichtung und die Innovationsfähigkeit eines Unternehmens sind. Dabei berücksichtigt sie erstmals auch Familienmitglieder, die nicht im...
Persistent link: https://www.econbiz.de/10014018028
Family firms are typically associated with negative characteristics, including lower tendencies towards innovation, a higher risk of failure, and inefficiencies deriving from nepotism among family members, criticisms which are even greater when the company is handed over to a female relative....
Persistent link: https://www.econbiz.de/10013030075