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Social preferences such as altruism, reciprocity, intrinsic motivation and a desire to uphold ethical norms are essential to good government, often facilitating socially desirable allocations that would be unattainable by incentives that appeal solely to self-interest. But experimental and other...
Persistent link: https://www.econbiz.de/10009467887
Social preferences such as altruism, reciprocity, intrinsic motivation and a desire to uphold ethical norms are essential to good government, often facilitating socially desirable allocations that would be unattainable by incentives that appeal solely to self-interest. But experimental and other...
Persistent link: https://www.econbiz.de/10009468014
One lingering puzzle is why voluntary contributions to public goods decline over time in experimental and real-world settings. We show that the decline of cooperation is driven by individual preferences for imperfect conditional cooperation. Many people's desire to contribute less than others,...
Persistent link: https://www.econbiz.de/10009471595
Persistent link: https://www.econbiz.de/10011324349
neighbours are subject to similar environmental conditions, but the confounding influence of competition was also observed over …
Persistent link: https://www.econbiz.de/10009448357
Purpose - This paper evaluates the comparative progress of Asda in the UK since its surprise takeover by Wal-Mart in 1999. Wal-Mart expected to become the #1 retailer in the UK and many commentators saw massive problems ahead for local retailers. These expectations were not met; this paper...
Persistent link: https://www.econbiz.de/10009465849
We investigate the situation where a customer experiencing an inventory stockout at a retailer potentially leaves the firm's market. In classical inventory theory, a unit stockout penalty cost has been used as a surrogate to mimic the economic effect of such a departure; in this study, we...
Persistent link: https://www.econbiz.de/10009431041
The introduction of the European Markets in Financial Instruments Directive (MiFID) ended the quasi-monopoly of national exchanges in equity trading across Europe and enabled alternative platforms, so-called multilateral trading facilities (MTF), to compete for order flow. This thesis analyzes...
Persistent link: https://www.econbiz.de/10009434477
point to the real danger that theintent of Congress in passing the 1996 Act to promote competition intelecommunications will …
Persistent link: https://www.econbiz.de/10009435083
An important issue in economics is how market structure affects prices.While the standard view is that competition … access, with orwithout competition from a DSL provider, and using education dispersionand ethnic diversity as proxies for …, competition reduces prices. As preference becomes morediverse, the negative effect of competition on prices diminishes; andwhen …
Persistent link: https://www.econbiz.de/10009435113