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Information and competition entry
Ewers, Mara - 2012
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. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
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Information and Competition Entry
Ewers, Mara - Institute for the Study of Labor (IZA) - 2012
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. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10011279246
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Discountinous System of Allowances: The Response of Prosocial Health-Care Professionals
Hernandez-Pizarro, Helena; Nicodemo, Catia; Casasnovas, … - 2020
This paper examines the unintended strategic effects of non-linear incentives in public policies. A system of health care subsidies structured in discrete intervals may lead to strategic behaviour. We provide new evidence on this issue, focusing on a case where the strategic actions are taken by...
Persistent link: https://www.econbiz.de/10012322557
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Willingness to Pay for Carbon Mitigation: Field Evidence from the Market for Carbon Offsets
Rodemeier, Matthias - 2023
it mitigates is zero. However, I show that consumers can be made sensitive to impact through a simple information … treatment that increases the salience of subsidies and matches. Salient information increases average WTP for carbon mitigation …-mitigating attribute of offsets and, as a result, appear indifferent to impact variations in the absence of information. Finally, I show …
Persistent link: https://www.econbiz.de/10014296683
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Information Nudges, Subsidies, and Crowding Out of Attention: Field Evidence from Energy Efficiency Investments
Rodemeier, Matthias; Löschel, Andreas - 2023
How can information substitute or complement financial incentives such as Pigouvian subsidies? We answer this question … in a large-scale field experiment that cross-randomizes energy efficiency subsidies with information about the financial … savings of LED lighting. Information has two effects: It shifts and rotates demand curves. The direction of the shift is …
Persistent link: https://www.econbiz.de/10014296885
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An Economic Analysis of Exclusion Restrictions for Instrumental Variable Estimation
Berg, Gerard J. van den - Institute for the Study of Labor (IZA) - 2007
information on the value of the IV. This leads to violation of the exclusion restriction. We analyze this in a dynamic economic …
Persistent link: https://www.econbiz.de/10005763520
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Job Assignments under Moral Hazard: The Peter Principle Revisited
Koch, Alexander Karl; Nafziger, Julia - Institute for the Study of Labor (IZA) - 2007
The Peter Principle captures two stylized facts about hierarchies: first, promotions often place employees into jobs for which they are less well suited than for that previously held. Second, demotions are extremely rare. Why do organizations not correct ‘wrong’ promotion decision? This...
Persistent link: https://www.econbiz.de/10005703071
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Using Happiness Surveys to Value Intangibles : The Case of Airport Noise
van Praag, Bernard M. S.; Baarsma, Barbara E. - 2004
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual assumption is that the effect of the externality will be perfectly reflected by house price differentials. This is based on the implicit assumption that there is a...
Persistent link: https://www.econbiz.de/10010261855
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Stress That Doesn't Pay : The Commuting Paradox
Stutzer, Alois; Frey, Bruno S. - 2004
People spend a lot of time commuting and often find it a burden. According to economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals? utility is equalized. However, in a direct test of this strong notion of equilibrium, we...
Persistent link: https://www.econbiz.de/10010262027
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Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security
Kaul, Ashok; Hagedorn, Marcus; Barbie, Martin - 2002
We develop a general equilibrium stochastic OLG model with heterogenous households. Households differ with respect to their productivity. Productivity depends stochastically on parents' unobservable investment in their child's human capital and an aggregate productivity shock. We introduce a...
Persistent link: https://www.econbiz.de/10010262139