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Mass media consumption has increasingly been found to adversely impact upon psychological states but research has largely neglected the potential influence of media onaspirations. An experiment demonstrates aspirational incomes to be dramatically altered by a textual narrative despite it not...
Persistent link: https://www.econbiz.de/10009480105
[This item is a preserved copy. To view the original, visit http://econtheory.org/] This paper considers an auction design framework in which bidders get partial feedback about the distribution of bids submitted in earlier auctions: either bidders are asymmetric but past bids are disclosed in an...
Persistent link: https://www.econbiz.de/10009455287
Persistent link: https://www.econbiz.de/10012426816
Recent IT research has analyzed how the performance of IT-enabled markets may differ from conventional markets. This literature has made two unexpected empirical findings. First, ITenabled markets for commodity goods exhibit significant price dispersion. Second, well-known retailers in these...
Persistent link: https://www.econbiz.de/10009441013
structure that allows trade of quota. This collusion is welfare-improving since the safeguard induces more inefficiencies …
Persistent link: https://www.econbiz.de/10009443079
We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...
Persistent link: https://www.econbiz.de/10009446207
We estimate the impact of cartel organizational features, as well as macroeconomic fluctuations and industry structure, on cartel duration using a dataset of contemporary international cartels. We estimate a proportional hazards model with competing risks, distinguishing factors which increase...
Persistent link: https://www.econbiz.de/10009476912
This dissertation contains three chapters. It analyzes a market where firms can choose whether or not to publicly post their prices. Price posting rewards a firm by reducing search costs for customers and thus attracting more demand, at the risk of triggering more direct price competition.In the...
Persistent link: https://www.econbiz.de/10009450619
Many studies have shown a relationship between antidumping duty and collusion. These studies, however, only focus on … collusion in output (downstream) market, i.e. collusion between import competing firms and exporters, or among import competing … collusion among the exporters in Thai shrimp market at 1 % significant level. …
Persistent link: https://www.econbiz.de/10009450801
is dismissed. However, such behavior is not impossible. This paper investigates the possibility of tacit collusion by low … non-binding minimum wage may serve as a focal point for tacit collusion, proposing a symmetric solution to an infinitely … collusion. CPS monthly data is used for the years 1990-2005, covering the last four federal minimum wage increases. The …
Persistent link: https://www.econbiz.de/10009430180