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with a lowering of chain TFP by about 0.4% pa, about 40% of the post-1995 slowdown in UK retail TFP growth. The foregone …
Persistent link: https://www.econbiz.de/10010269333
transportation and warehousing, industries complementary to e-commerce. Within the in-state retail sector, the decline in brick … general equilibrium model in which consumers substitute e-commerce for big-box purchases, crowding out brick-and-mortar retail. …
Persistent link: https://www.econbiz.de/10014377248
with a lowering of chain TFP by about 0.4% pa, about 40% of the post-1995 slowdown in UK retail TFP growth. The foregone …
Persistent link: https://www.econbiz.de/10005822914
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...
Persistent link: https://www.econbiz.de/10014377186
We study effects of a firm's attempt to optimize an existing incentive scheme to increase sales growth for direct store delivery workers. Before optimization workers reported Ratchet Effects that lowered productivity. The altered incentive plan offered higher compensation for increased sales...
Persistent link: https://www.econbiz.de/10010280656
A large, mature and robust economic literature on pay for performance now exists, which provides a useful framework for thinking about pay for performance systems. I use the lessons of the literature to discuss how to design and implement pay for performance in practice.
Persistent link: https://www.econbiz.de/10010282426
This paper investigates the link between product quality and price setting for central processing units (CPUs). Using thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of sellers, median price, share of convenient prices and...
Persistent link: https://www.econbiz.de/10012497959
We provide causal evidence of an ex ante moral hazard effect of Unemployment Insurance (UI) by matching plausibly exogenous changes in UI benefit duration across state-weeks during the Great Recession to high-frequency productivity measures from individual supermarket cashiers. Estimating models...
Persistent link: https://www.econbiz.de/10012498006
this question in the context of the French retail trade industry. Since 1974, approval by regional zoning boards has been … required for the creation or extension of any large retail store in France. We exploit a unique database that provides time and … increase in large retail chains? concentration it induced, slowed down employment growth in France. …
Persistent link: https://www.econbiz.de/10010261526
We study effects of a firm's attempt to optimize an existing incentive scheme to increase sales growth for direct store delivery workers. Before optimization workers reported Ratchet Effects that lowered productivity. The altered incentive plan offered higher compensation for increased sales...
Persistent link: https://www.econbiz.de/10009323407