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In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We make two assumptions that enrich this simple and well-understood model. First, we consider a multi-period model, in which the sequence of events is as follows. In a period, t,...
Persistent link: https://www.econbiz.de/10014047671
The street sex worker market in Geylang, Singapore is highly competitive. Clients can search legally at negligible cost. Sex workers discriminate based on client ethnicity despite an excess supply of sex workers. Workers are more (less) likely to approach and ask a higher (lower) price of...
Persistent link: https://www.econbiz.de/10013029025
This paper assesses the impact of competition on racial discrimination. The dismantling of inter- and intrastate bank … intensification of competition in the nonfinancial sector, and evaluate its impact on the racial wage gap, which is that component of … racial wage gap by spurring the entry of non- financial firms. Consistent with taste-based theories, competition reduced both …
Persistent link: https://www.econbiz.de/10012751333
A large empirical literature found that the correlation between insurance purchase and ex post realization of risk is often statistically insignificant or negative. This is inconsistent with the predictions from the classic models of insurance a la Akerlof (1970), Pauly (1974) and Rothschild and...
Persistent link: https://www.econbiz.de/10012980144
robustness to labor market competition both theoretically and experimentally. Consistent with our theoretical model, we observe … substantial ratchet effects in the absence of competition, which is nearly eliminated when competition is introduced; this is true …
Persistent link: https://www.econbiz.de/10013138400
In the approaching era of genomic medicine, the underrepresentation of minority populations in human genetics and genomics research has raised growing concerns regarding the distributive justice in the translation of biomedical innovations into human health across populations. Quantitative...
Persistent link: https://www.econbiz.de/10014081996
The gap between black and white earnings is a longstanding feature of the United States labor market. Competing explanations attribute different weight to wage discrimination and access to human capital. Using new data on local school quality, we find that human capital played a predominant role...
Persistent link: https://www.econbiz.de/10012999983
Evidence from the American Time Use Survey 2003-12 suggests the existence of small but statistically significant racial/ethnic differences in time spent not working at the workplace. Minorities, especially men, spend a greater fraction of their workdays not working than do white non-Hispanics....
Persistent link: https://www.econbiz.de/10012964405
The literature on ethnic fractionalization and conflict has not been extended to the American past. In particular, the empirical relationship between racial residential segregation and lynching is unknown. The existing economic, social, and political theories of lynching contain hypotheses about...
Persistent link: https://www.econbiz.de/10012947655
We provide measures of ethnic and racial segregation in urban consumption. Using Yelp reviews, we estimate how spatial and social frictions influence restaurant visits within New York City. Transit time plays a first-order role in consumption choices, so consumption segregation partly reflects...
Persistent link: https://www.econbiz.de/10012947664