This dissertation uses game theoretic models to examine the effects of agent anonymity on markets for goods and for information. In open, anonymous settings, such as the Internet, anonymity is relatively easy to obtain --- oftentimes another email address is sufficient. By becoming anonymous,...

Die Liberalisierung der Elektrizitätsmärkte in Europa hat zu einem deutlichen Strukturwandel der Energiewirtschaft geführt; Überkapazitäten und Wettbewerbsdruck bewirkten eine erhebliche Umorientierung in den Energieversorgungsunternehmen. Durch die zunehmende Liquidität des kurzfristigen...

This paper evaluates how efficiently farm households allocate labor between farm and off-farm activities. It estimates farm and off-farm labor supply functions to determine the factorsthat influence labor allocation. Both the shadow wage and the off-farm wage rate are includedas regressors in...

Presented at: NATIONAL AUTONOMUOS UNIVERSITY OF NICARAGUA, LEONINVESTIGATION VICERECTOR, POSTPGRADUATE AND SOCIAL PROJECTION2th SCIENTIFIC CONGRESS¨THE INVESTIGATION A WAY TO THE KNOWLEGE AND DEVELOPMENT¨17 NOVIEMBRE 2009

The principal aim of this paper is to measure the amount by which the profit of a multi-input, multi-output firm deviates from maximum short-run profit, and then to decompose this profit gap into components that are of practical use to managers. In particular, our interest is in the measurement...

The method of elicitation has an important effect on valuations. We investigate the effect of perspective on decision makers' elicited values. We conduct experimental sessions in which participants act as sellers or buyers, and replicate the disparity between willingness to accept and...

Cada año se invierte una significativa cantidad de recursos en mejorar las infraestructuras de transporte de los países en desarrollo. En este artículo investigamos los efectos de un gran proyecto de este tipo: el Golden Quadrilateral de la India. Para ello, utilizamos un modelo de comercio...

We develop an analytical framework to investigate the competitiveimplications of personalized pricing and quality allocation (PPQ),whereby rms charge di¤erent prices and o¤erdi¤erent qualities to di¤erent consumers, based on theirwillingness to pay. We embed PPQ in a model of...

As Internet-based commerce becomes increasingly widespread, large datasets about the demand for and pricing of a wide variety of productsbecome available. These present exciting new opportunities for empiricaleconomic and business research, but also raise new statistical issuesand challenges. In...

This paper analyzes the optimal choice of pricing schedules andtechnological deterrence levels in a market with digital piracy wheresellers can influence the degree of piracy by implementing digitalrights management (DRM) systems. It is shown that a monopolist’soptimal pricing schedule can be...