Similar Search Results

What Makes a Price Fair? An Experimental Analysis of Transaction Experience and Endogenous Fairness Views

Herz, Holger - 2016

People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet little is known about how these preferences are formed. In this paper, we provide clean evidence that previous transactions play an important role in shaping perceptions of...

Persistent link: https://www.econbiz.de/10012455952

Platform Pricing at Sports Card Conventions

Jin, Ginger Zhe - 2012

findings: first, consumer pricing decreases with competition at any reasonable distance, but pricing to dealers is insensitive … to competition and in longer distances even increases with competition. Second, when consumer price is zero (and thus … constrained), dealer price decreases more strongly with competition. These results are compatible with existing models of two …

Persistent link: https://www.econbiz.de/10012460700

Freedom to Trade and the Competitive Process

Edlin, Aaron - 2011

Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be...

Persistent link: https://www.econbiz.de/10012461839

Deferred Acceptance Algorithms : History, Theory, Practice, and Open Questions

Roth, Alvin E. - 2007

, both directly, by being adapted into practical matching mechanisms, and, indirectly, by raising new theoretical questions …

Persistent link: https://www.econbiz.de/10012465429

Spousal Effects in Smoking Cessation : Matching, Learning, or Bargaining?

McGeary, Kerry Anne - 2013

Previous research studying the correlation in smoking behavior between spouses has discounted the role of bargaining or learning. Using the Health and Retirement Study (HRS), which contains information on smoking cessation and spouse's preferences, this paper presents an essential investigation...

Persistent link: https://www.econbiz.de/10012459386

Pairwise Kidney Exchange

Roth, Alvin E. - 2004

mechanisms that allow considerations of distributive justice to be addressed …

Persistent link: https://www.econbiz.de/10012467992

Prediction Markets

Wolfers, Justin - 2004

We analyze the extent to which simple markets can be used to aggregate disperse information into efficient forecasts of uncertain future events. Drawing together data from a range of prediction contexts, we show that market-generated forecasts are typically fairly accurate, and that they...

Persistent link: https://www.econbiz.de/10012468189

Interpreting the Predictions of Prediction Markets

Manski, Charles F. - 2004

Participants in prediction markets such as the Iowa Electronic Markets trade all-or-nothing contracts that pay a dollar if and only if specified future events occur. Researchers engaged in empirical study of prediction markets have argued broadly that equilibrium prices of the contracts traded...

Persistent link: https://www.econbiz.de/10012468334

Market Culture : How Norms Governing Exploding Offers Affect Market Performance

Niederle, Muriel - 2004

causes matching to take place later, when more information about applicants' qualities is available, and consequently results …

Persistent link: https://www.econbiz.de/10012468437

The collapse of a medical clearinghouse (and why such failures are rare)

McKinney, C. Nicholas - 2003

The collapse of the clearinghouse for the entry-level gastroenterology labor market offers a unique opportunity to study how stable clearinghouses succeed and fail. To explore the reasons for the failure of the clearinghouse (and why failures of this kind of clearinghouse have been so rare), we...

Persistent link: https://www.econbiz.de/10012469236