Showing 1 - 10 of 273
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …
Persistent link: https://www.econbiz.de/10010282257
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …
Persistent link: https://www.econbiz.de/10011279246
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … since the underdogs almost never quit the competition even when lagging significantly behind, and frontrunners do not slack …
Persistent link: https://www.econbiz.de/10010268675
), infrastructure indicators (telephone density, electricity consumption), telecommunications pricing measures, and regulatory quality …. With the exception of trade openness and the telecom pricing measures, these variables enter in as statistically …
Persistent link: https://www.econbiz.de/10005822834
), infrastructure indicators (telephone density, electricity consumption), telecommunications pricing measures, and regulatory quality …. With the exception of trade openness and the telecom pricing measures, these variables enter in as statistically …
Persistent link: https://www.econbiz.de/10010262051
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10011279266
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do fair prices induce good behavior, or do good experts post fair prices? To answer this question we propose and test a model with three seller types: the good choose fair prices and behave...
Persistent link: https://www.econbiz.de/10010286902
An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …
Persistent link: https://www.econbiz.de/10010262222
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10010262571
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …
Persistent link: https://www.econbiz.de/10010267772