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Ju, Biung-Ghi; Moreno-Ternero, Juan D. - 2016

We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market-based allocation rules that...

Persistent link: https://www.econbiz.de/10011788896

Inefficient use of competitors' forecasts?

Reslow, André - 2019

This paper assesses to what extent forecasters make effcient use of competitors' forecasts. Usinga panel of forecasters, I find that forecasters underuse information from their competitors in their forecasts for current and next year's annual GDP growth and inflation. The results also show that...

Persistent link: https://www.econbiz.de/10012271247

Fees, incentives, and efficiency in large double auctions

Jantschgi, Simon; Nax, Heinrich H.; Pradelski, Bary S. R.; … - 2022

-of these markets. Allowing for general fee structures, we show that their impact on incentives and efficiency in large Double …

Persistent link: https://www.econbiz.de/10013164125

Freight Transportation Activity, Business Cycles and Trend Growth

Andersson, Fredrik N. G.; Elger, Thomas - 2007

This paper studies empirical linkages between cycles and trends in freight transportation activity and real economic activity in Sweden. We find that cycles in freight transportation are highly contemporaneously correlated with cycles in economic variables over both the short run and the medium...

Persistent link: https://www.econbiz.de/10013208518

An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions

Andersson, Tommy; Andersson, Christer; Andersson, … - 2010

This paper investigates empirically a number of hypotheses that are related to efficiency and price uniformity in … unambiguously demonstrate that there is a strong relationship between efficiency and price uniformity on the one hand and the number …

Persistent link: https://www.econbiz.de/10013208559

Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study

Andersson, Tommy; Andersson, Christer; Andersson, Ola - 2010

the sealed bid mechanism performs weakly better in all of investigated measures (consistent reporting, efficiency etc …

Persistent link: https://www.econbiz.de/10013208562

Strategic Decisions: Behavioral Differences Between CEOs and Others

Holm, Håkan J.; Nee, Victor; Opper, Sonja - 2016

Differences in strategic decision making between CEOs and other people are interesting since CEOs make important economic decisions and impact values and norms in society. Our study combines a large stratified random sample of 199 CEOs of medium-size firms with a carefully selected control group...

Persistent link: https://www.econbiz.de/10013208778

Dynamic Refugee Matching

Andersson, Tommy; Ehlers, Lars; Martinello, Alessandro - 2018

Asylum seekers are often assigned to a locality in their host country directly upon arrival based on some type of uninformed dynamic matching system which does not take the background of the asylum seekers into consideration. This paper proposes an informed, intuitive, easy-to-implement and...

Persistent link: https://www.econbiz.de/10013208807

Voting for compromises: Alternative voting methods in polarized societies

Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2021

arguments as efficiency are available, polarized societies might fail to select them. We demonstrate that part of the problem … methods (Approval Voting and Borda Count) reduce the support for egoistic options and favor equity and efficiency, avoiding … extreme outcomes. Those methods differ in whether they favor equity or efficiency when the latter benefits a majority. Our …

Persistent link: https://www.econbiz.de/10012631630

Testing Market Efficiency in a Fixed Odds Betting Market

Jakobsson, Robin; Karlsson, Niklas - 2007

This paper tests the hypothesis of market efficiency for the fixed odds betting market of Swedish trotting head …-strong efficiency at the 5 percent level of significance, while the weak form efficiency cannot be rejected. Moreover, evaluation of the …

Persistent link: https://www.econbiz.de/10012654330