Showing 1 - 6 of 6
The Hicksian definition of complementarity and substitutability may not apply in contexts in which agents are not utility maximisers or where price or income variations, whether implicit or explicit, are not available. We look for tools to identify complementarity and substitutability satisfying...
Persistent link: https://www.econbiz.de/10011816568
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode where an intermediary holds inventories which...
Persistent link: https://www.econbiz.de/10011559580
In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits …. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a fair … middlemen and non-profits divide up the market? How do the price mark up and price pass-through differ between middleman and non …
Persistent link: https://www.econbiz.de/10010269504
Job seekers often face substantial information frictions related to potential job quality. This is especially true in international labor markets, where intermediaries match prospective migrants with employers abroad. We conducted a randomized trial in Indonesia to explore how information about...
Persistent link: https://www.econbiz.de/10012882521
In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits …. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a "fair … middlemen and non-profits divide up the market? How do the price mark up and price pass-through differ between middleman and non …
Persistent link: https://www.econbiz.de/10005015498
This study investigates dishonest behavior among cocoa middlemen in Côte d'Ivoire, focusing on the role of … examine the cheating behaviors of 151 cocoa middlemen over several interaction rounds. Our findings reveal that cheating is … prevalent among cocoa middlemen, with 78% of players cheating at least once during the game. However, we found heterogeneous …
Persistent link: https://www.econbiz.de/10015045449