determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

on existing theories of competition in markets with adverse selection. …

paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members. …

operations as pooling, matching, regression, hierarchical and multilevel modeling, calculating summary measures, finding the …

than purely self-interested agents for a given prize structure. Contrary to standard tournament theory first-best efforts …

economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular, but the electoral … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …

(2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more …This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess … accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …