Showing 1 - 10 of 44
income, employment, number of persons per household, number of driver licenses per 1000 persons, a variable representing …
Persistent link: https://www.econbiz.de/10009435975
We study the impacts of bankruptcy risk on the performance of market-based pollution control policies. In chapter one, we concentrate on emissions trading markets. We find that firms that risk bankruptcy demand more permits than if they were financially secure. Thus, bankruptcy risk in a...
Persistent link: https://www.econbiz.de/10009468112
In this article we have discussed several aspects as companies are concerned. Thus, we will focus in particular on the limited liability company, which can either be single-person or multi-person. We consider it appropriate to highlight the facilities granted to those students who wish to set up...
Persistent link: https://www.econbiz.de/10012244709
We study the cyclical fluctuations of leverage and assets of financial intermediaries and GDP in the United States. Leverage and assets are several times more volatile than GDP, and experience larger fluctuations for unregulated (‘shadow’) intermediaries than for regulated ones. While the...
Persistent link: https://www.econbiz.de/10012530385
In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische...
Persistent link: https://www.econbiz.de/10009434657
Several major websites offer hybrid auctions that allow advertisers tobid on a per-impression or a per-click basis. We … auctions, and (c) should consider advertisers'strategic incentives when forming click-through rate expectations inhybrid …
Persistent link: https://www.econbiz.de/10009435135
auctions. In this paper we examine this tradeoff between the auctioneers’ desire to expand their customer base and the bidders …
Persistent link: https://www.econbiz.de/10009441154
Tackling the problem of ecosystem services degradation is an important policy challenge. Different types of economic instruments have been employed by conservation agencies to meet this challenge. Notable among them are Payment for Ecosystem Services (PES) schemes that pay private landowners to...
Persistent link: https://www.econbiz.de/10009442289
face-to-face auctions than at comparable Internet auctions. The comparison overcomes adverse selection issues that commonly … dates between online and offline auctions. Furthermore, both auctions feature ascending price formats with ‘soft …. The results suggest that the higher prices and net revenues from traditional auctions are attributable to remaining …
Persistent link: https://www.econbiz.de/10009442785
We study the competition to operate an infrastructure service bydeveloping a model where firms must report a two-dimensional sealedbid: the price to consumers and the concession fee paid to the government. Two bidding rules are considered in this paper. One ruleconsists of awarding the...
Persistent link: https://www.econbiz.de/10009443213