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The Computer Generation's Willingness to Pay for Originals when Pirates are Present – A CV study
Holm, Håkan J. - 2000
A contingent valuation method is applied to study subjects' willingness to pay for originals when illegal copies are freely available. The subjects consisted of 234 Swedish undergraduate students from the "computer generation". Only 2% of the "normal" (and 0% of the "elite") students were...
Persistent link: https://www.econbiz.de/10013208408
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Civic capital and the size distribution of plants: Short-run dynamics and long-run equilibrium
Burker, Mathias; Minerva, G. Alfredo - 2012
We characterize how the size distribution of plants, within narrowly defined industries, changed in Italy over a ten-year time span, and relate this to the stock of civic capital at the provincial level. Data on plant size come from the 1991 and 2001 Italian censuses. Civic capital turns out to...
Persistent link: https://www.econbiz.de/10010282078
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Hidden in the Factors? The Effect of Credit Risk on the Cross-section of Equity Returns
Nielsen, Caren Yinxia - 2016
This paper disentangles the complexity of the distress risk premium in stock returns using the risk-neutral measure of credit risk (valued by CDS spread) and investigates the relationship between credit risk and the market , size, value, and momentum effects. Consistent with the argument for a...
Persistent link: https://www.econbiz.de/10013208598
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Zum Einfluss des Geschlechts des Übergebers auf die Wahl des familieninternen Nachfolgers: Eine theoretische und empirische Analyse in deutschen Familienunternehmen
Schlömer-Laufen, Nadine; Kay, Rosemarie - 2013
Die vorliegende Studie untersucht die Determinanten der Entscheidung, einen Sohn oder eine Tochter zum familieninternen Nachfolger zu bestimmen. Ein besonderes Augenmerk liegt dabei auf dem Geschlecht des Übergebers. Nationale wie internationale Forschungsarbeiten deuten darauf hin, dass...
Persistent link: https://www.econbiz.de/10010332556
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Cooperation and mistrust in relational contracts
Herz, Holger; Schmutzler, Armin; Volk, André - 2016
Work and trade relationships are often governed by relational contracts, in which incentives for cooperative action today stem from the prospective future benefits of the relationship. In this paper, we study how reductions in clarity about the financial consequences of actions, induced by...
Persistent link: https://www.econbiz.de/10011663192
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Per Unit and Ad Valorem Royalties in a Patent Licensing Game
Montinaro, Marta; Pal, Rupayan; Scimitore, Marcella - 2020
In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are shown to crucially affect the relative profitability of Cournot vs. Bertrand...
Persistent link: https://www.econbiz.de/10012419715
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Private Label Price Rigidity during Holiday Periods
Müller, Georg; Bergen, Mark; Dutta, Shantanu; Levy, Daniel - 2005
Using weekly retail transaction scanner price data from a large U.S supermarket chain, we find significantly higher retail price rigidity for private label products than for nationally branded products during the Christmas and Thanksgiving holiday periods relative to the rest of the year. The...
Persistent link: https://www.econbiz.de/10013204747
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The Anatomy of a Price Cut: Discovering Organizational Sources of the Costs of Price Adjustment
Zbaracki, Mark J.; Bergen, Mark; Levy, Daniel - 2006
industrial manufacturing firm and its customers. We go into depth on a specific episode, a price cut, which most vividly … exemplifies the themes that emerged from our data. In the specific situation, market forces clearly dictate that the firm should … cut prices, and everyone in the firm agrees with this assessment, suggesting a fairly straightforward price adjustment …
Persistent link: https://www.econbiz.de/10013204755
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Holiday Non-Price Rigidity and Cost of Adjustment
Muller, Georg; Bergen, Mark; Dutta, Shantanu; Levy, Daniel - 2006
There has been increasing interest in understanding how firms undertake non-price adjustment activities, especially in situations where prices may be rigid despite changes in market conditions. Using scanner price data for over 4,500 different food products from a large US supermarket chain, we...
Persistent link: https://www.econbiz.de/10013204756
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Do Multinationals Pay Less in Taxes than Domestic Firms? Evidence from the Swedish Manufacturing Sector
Hansson, Åsa; Olofsdotter, Karin; Thede, Susanna - 2016
There is a strong general concern amongst policymakers worldwide that multinational enterprises engage in far-reaching tax-planning activities. It is generally thought that by using transfer pricing or other techniques to shift profits, multinational enterprises can avoid taxation and thereby...
Persistent link: https://www.econbiz.de/10013208760