Narrow search
Showing 1 - 10 of 1,619
Cover Image
Competition, Hidden Information and Efficiency : An Experiment
Cabrales, Antonio - 2006
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …
Persistent link: https://www.econbiz.de/10012779356
Cover Image
Thresholds in the Process of International Financial Integration
Kose, M. Ayhan - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10013160313
Cover Image
Capital Market Integration and Gender Inequality
Komura, Mizuki - 2018
This study explores the effects of globalization on gender inequality. Specifically, we depict that, in terms of capital market integration, globalization alters the gender gap in wage rates through changes in labor demand for capital-intensive sectors. Consequently, globalization leads to...
Persistent link: https://www.econbiz.de/10012908884
Cover Image
Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets
Black, Sandra E. - 2015
We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....
Persistent link: https://www.econbiz.de/10013025862
Cover Image
Cherry-Picking in Labor Market with Imperfect Information
Feng, Shuaizhang - 2009
We study a competitive labor market with imperfect information. In our basic model, the labor market consists of heterogeneous workers and ex ante identical firms who have only imperfect private information about workers' productivities. Firms compete by posting wages in order to cherry-pick...
Persistent link: https://www.econbiz.de/10013157747
Cover Image
Information Frictions and Labor Market Outcomes
Cardoso, Ana Rute - 2015
theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using …
Persistent link: https://www.econbiz.de/10013021950
Cover Image
The Role of Bounded Rationality and Imperfect Information in Subgame Perfect Implementation : An Empirical Investigation
Aghion, Philippe - 2015
mechanism should – in theory – provide incentives for truth-telling, many buyers in fact believe that they can increase their …
Persistent link: https://www.econbiz.de/10013023778
Cover Image
The Effect of Group Identity on Hiring Decisions with Incomplete Information
Casoria, Fortuna; Reuben, Ernesto; Rott, Christina - 2021
We investigate the effects of group identity on hiring decisions with adverse selection problems. We run a laboratory experiment in which employers cannot observe a worker's ability nor verify the veracity of the ability the worker claims to have. We evaluate whether sharing an identity results...
Persistent link: https://www.econbiz.de/10013314945
Cover Image
Sterilization Policy with Incomplete Information in Peru : Does History Repeat Itself?
Jiménez, Bruno; Rendon, Sílvio - 2021
We contrast the socio-demographic profiles and degree of information received by women that were sterilized with women that used other contraceptive methods. We use data from the 2016 round of the Demographic and Health Survey (DHS) for Peru and compare these profiles with those of the 2000s,...
Persistent link: https://www.econbiz.de/10013314976
Cover Image
Sterilization Policy with Incomplete Information : Peru 1995-2000
Rendon, Sílvio - 2021
In this research I investigate what percentage of female sterilizations performed in Peru from 1993 to 2000 were done providing adequate information to their users for a free decision about their adoption. I use data from ENDES/DHS 2000, which contains detailed information about contraceptive...
Persistent link: https://www.econbiz.de/10013314980