Showing 1 - 10 of 117
This study examines how consumers' personal data management affects firms' competition in the data collection and data application markets and welfare outcomes. Consumers purchase products from differentiated firms in two markets. Firms compete to collect consumer data first to predict their...
Persistent link: https://www.econbiz.de/10014540315
We investigate the incentive and the welfare implications of a merger when heterogeneous oligopolists compete both in … process R&D and on the product market. We examine how a merger affects the output, investment, and profits of firms, whether … firms have merger incentives, and, if so, whether such mergers are desirable from the viewpoint of social welfare. We also …
Persistent link: https://www.econbiz.de/10013156465
Using a natural experiment designed by the Italian national test administrator (INVALSI) to monitor test procedures in Italian primary schools, this paper shows that the presence of an external examiner who monitors test procedures has both a direct and an indirect effect on the measured...
Persistent link: https://www.econbiz.de/10010332478
Using a natural experiment designed by the Italian national test administrator (INVALSI) to monitor test procedures in Italian primary schools, this paper shows that the presence of an external examiner who monitors test procedures has both a direct and an indirect effect on the measured...
Persistent link: https://www.econbiz.de/10014169249
This paper provides evidence from Internet-based, large-scale survey data of hypothetical choice experiment on the relative utility hypothesis. The methodology exploited here complements previous empirical results from happiness studies, incentivized choice experiment studies, and neuroscience...
Persistent link: https://www.econbiz.de/10010332265
Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...
Persistent link: https://www.econbiz.de/10010332299
This study examined the peer effects of newcomer on the performance of existing members of teams, based on comparing the performances of swimming team members before and after the arrival of a newcomer. The identification strategy was similar to a natural experimental setting. This study found...
Persistent link: https://www.econbiz.de/10012013637
We set up a model with intergenerational bequest transfers and climate damage on the wealth of heterogeneous households. We show that, under credit market imperfections and depending on wealth distribution across households, a balanced budget climate policy may widen the wealth inequality gap...
Persistent link: https://www.econbiz.de/10012793780
Each agent in a market needs to supplement his skill with a particular skill of another agent to complete his project. A platform matches the agents and allows members of the same match to share their skills. A match is valuable to an agent if he is matched with any agent who possesses a skill...
Persistent link: https://www.econbiz.de/10013472341
A platform matches agents from two sides of a market to create a trading opportunity between them. The agents subscribe to the platform by paying subscription fees which are contingent on their reported private types, and then engage in strategic interactions with their matched partner(s). A...
Persistent link: https://www.econbiz.de/10012430025