Showing 1 - 10 of 401
empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … by the first price auction. Our design also allows us to identify differential participation as the source of the …
Persistent link: https://www.econbiz.de/10010271934
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10010269831
We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups …
Persistent link: https://www.econbiz.de/10010282262
in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …
Persistent link: https://www.econbiz.de/10010268627
This paper assesses the effects of changes in scoring weights in auctions, using a unique sample of biddings of private Welfare-to-Work (WTW) organizations to reintegrate groups of unemployed and disabled workers. WTW-organizations did not only bid on prices, but also received points for three...
Persistent link: https://www.econbiz.de/10010291354
empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … by the first price auction. Our design also allows us to identify differential participation as the source of the …
Persistent link: https://www.econbiz.de/10005762357
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10008547892
that never yield an efficient allocation. Moreover, our results extend the efficiency of auction mechanisms to an …
Persistent link: https://www.econbiz.de/10010261761
This paper revisits the no-recall assumption in job search models with take-it-or-leave-it offers. Workers who can recall previously encountered potential employers in order to engage them in Bertrand bidding have a distinct advantage over workers without such attachments. Firms account for this...
Persistent link: https://www.econbiz.de/10010269602
democracy, subjects first earn their income by trading in a double auction market and thereafter vote on redistributive policies …
Persistent link: https://www.econbiz.de/10010269668