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Information Theory and the Role of Intermediaries in Corporate Governance
Schmidt, Reinhard H.; Tyrell, Marcel - 2004
We investigate the connection between corporate governance system configurations and the role of intermediaries in the respective systems from a informational perspective. Building on the economics of information we show that it is meaningful to distinguish between internalisation and...
Persistent link: https://www.econbiz.de/10010263309
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Government-Mandated Discriminatory Policies
Fang, Hanming; Norman, Peter - 2001
This paper provides a simple explanation for why some minority groups are economically successful, despite being subject to government-mandated discriminatory policies. We study an economy with private and public sectors in which workers invest in imperfectly observable skills that are important...
Persistent link: https://www.econbiz.de/10010335097
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Political culture and discrimination in contests
Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel - 2010
objective of this study is to analyze the effect of political culture and of valuation asymmetry on discrimination between the … discrimination is an endogenous variable that characterizes the mechanism allocating the prize. We consider situations under which … effect of changes in the political culture and in valuation asymmetry on the designer's preferred discrimination between the …
Persistent link: https://www.econbiz.de/10010336030
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Socially-tolerable discrimination
Amegashie, J. Atsu - 2008
History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status … discrimination are not equally tolerable. For example, discrimination based on immutable or prohibitively unalterable characteristics … driven by either racial (gender or ethnic) discrimination or generational discrimination (i.e., young versus old). When the …
Persistent link: https://www.econbiz.de/10010264357
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Political culture and discrimination in contests
Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel - 2010
objective of this study is to analyze the effect of political culture and of valuation asymmetry on discrimination between the … discrimination is an endogenous variable that characterizes the mechanism allocating the prize. We consider situations under which … effect of changes in the political culture and in valuation asymmetry on the designer's preferred discrimination between the …
Persistent link: https://www.econbiz.de/10010274640
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Political Culture and Discrimination in Contests
Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel - 2010
objective of this study is to analyze the effect of political culture and of valuation asymmetry on discrimination between the … discrimination is an endogenous variable that characterizes the mechanism allocating the prize. We consider situations under which … effect of changes in the political culture and in valuation asymmetry on the designer's preferred discrimination between the …
Persistent link: https://www.econbiz.de/10010274763
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Discrimination in dynamic procurement design with learning-by-doing
Barbosa, Klenio; Boyer, Pierre C. - 2012
paper studies the long-run impact of procurement discrimination on market structure and future competition in industries …
Persistent link: https://www.econbiz.de/10010288456
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Bargaining and Strategic Discrimination
Björnerstedt, Jonas; Westermark, Andreas - 2006
In bargaining between two sellers and one buyer on prices and quantities, strategic inefficiencies arise. By reallocating between the last agreement and the first, the buyer can increase it's share of the surplus. With symmetric sellers producing substitutes, the quantities in the first...
Persistent link: https://www.econbiz.de/10010321645
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Tall or taller, pretty or prettier: Is discrimination absolute or relative?
Hamermesh, Daniel S. - In: IZA Journal of Labor Economics 1 (2012), pp. 1-17
Using microeconomic data sets from the United States and the Netherlands, this study considers how agents perceive characteristics that are discriminated against. It uses the examples of beauty and height to examine whether: 1) Absolute or relative differences in a characteristic affect...
Persistent link: https://www.econbiz.de/10010331913
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Can we test for bias in scientific peer-review?
Oswald, Andrew J. - 2008
fallacy - one seen in the popular press and the research literature - that to measure discrimination it is sufficient to study …
Persistent link: https://www.econbiz.de/10010268887