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In many markets firms set posted prices which are potentially negotiable. We analyze theoptimal marketing mix of pricing and bargaining when price takers buy at posted prices butbargainers attempt to negotiate discounts. The optimal bargaining strategy involves the firmsoffering bargainers...
Persistent link: https://www.econbiz.de/10005870050
Persistent link: https://www.econbiz.de/10010195977
literature, we find that sabotage against the opponent is used more frequently by players from teams with lower ability. In … find that captains, in contrast to other players, seem to use sabotage less impulsively and more strategically, as they do … increase their sabotage in important matches. …
Persistent link: https://www.econbiz.de/10011500260
Wettbewerb, Wettbewerbsorientierung, Charakterzug, Zustand, Skalenentwicklung, Betrug, Sabotage, Experiment …Wettbewerb wird oft zur Mitarbeitermotivation eingerichtet. Eine unerwünschte Folge des Wettbewerbs ist, dass die … unmoralischen Verhaltens im Wettbewerb identifiziert. Weiterhin wird „State Competitiveness“ als ein situativer Fokus auf Gewinnen …
Persistent link: https://www.econbiz.de/10012435902
Caplin & Leahy (1996) show that, when central bankers learn about theeconomy by observing its response to policy shock, cautious monetary policymay be ineffectual as private agents correctly anticipate that today's interestrate cuts are likely to be followed by future cuts. The central banker...
Persistent link: https://www.econbiz.de/10009360870
To shed light on the empirical relevance of the limits to arbitrage, we study hedge funds’ trading patterns in the stock market during liquidity crises. Consistent with arbitrageurs’ limited ability to provide liquidity, we find that at the time of liquidity crises hedge funds reduce their...
Persistent link: https://www.econbiz.de/10009487003
As a consequence of implementing revenue management systems, many service firms (e.g., airlines, hotels, carrentals) systematically overbook capacity, thus striving to maximize the revenue at one particular point in time (i.e.,one flight, one night, and one day). The academic literature has not...
Persistent link: https://www.econbiz.de/10005869909
A review of research evidence suggests that low levels of educationalattainment are crucial in generating and sustaining social exclusion. Testscores at school are the most effective predictor of many adult outcomes.School attendance and soft skills are also important. Reviewing the...
Persistent link: https://www.econbiz.de/10008733270
Existing evidence showed that:- local environmental problems are widespread but worse in low-income areas- there is little evidence that wider environmental concerns are less in low-incomecommunities- residents in low-income areas often face different barriers and incentives for action fromthose...
Persistent link: https://www.econbiz.de/10008836942
This paper is concerned with the effect of nonmonetary incentiveson behavior, in particular with the study of social pressure as adeterminant of corruption. We offer empirical evidence that shows howprofessional soccer referees favor home teams in order to satisfy thecrowds in the stadium....
Persistent link: https://www.econbiz.de/10008860699