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Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated …
Persistent link: https://www.econbiz.de/10010284018
the market. A probit model was applied for repeated-cross-sections on ?specific? local areas in order to control for …
Persistent link: https://www.econbiz.de/10010262784
as competition intensifies between workers, the incentive for workers to cooperate with each other diminishes. We report … different amounts of competition on-the-job and that these differences explain differences in cooperation in our experiment … staff who face little competition on the job. Further, after accounting for the possibility of personality-based selection …
Persistent link: https://www.econbiz.de/10010267647
Choice and competition in education have found growing support from both policy makers and academics in the recent past …. Yet, evidence on the actual benefits of market-oriented reforms is at best mixed. Moreover, while the economic rationale … for choice and competition is clear, in existing work there is rarely an attempt to distinguish between the two concepts …
Persistent link: https://www.econbiz.de/10010267737
Building upon some education studies finding that cooperative behaviour in class yields better achievements among students, this paper presents a simple model showing that free riding incentives lead to an insufficient degree of cooperation between schoolmates, which in turn decreases the...
Persistent link: https://www.econbiz.de/10010268541
This paper evaluates general achievement effects of choice and competition between private and public schools at the …
Persistent link: https://www.econbiz.de/10010268732
academia have been partially explained by competitive pressures, which suggests a link between competition and cheating. In our … sex difference in cheating. However, the effect of competition on women's cheating behavior is entirely due to the fact … individual to conduct a particular task and not sex that crucially affects the reaction to competition. Poor performers …
Persistent link: https://www.econbiz.de/10010268851
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power … firms from developed market economies, thus providing a set of natural benchmarks. We find substantial evidence of …
Persistent link: https://www.econbiz.de/10010269128
competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document …
Persistent link: https://www.econbiz.de/10010269521