We analyze aggressive bidding, used as a strategy to intimidate auction competitors, with regards to its impact on the likelihood of winning an online auction. To answer our research question, we use a dataset containing actual market transaction records for approximately 7,000 online...

It is well known that consumer ratings play a major role in the purchase decisions of online shoppers. To examine the effect of the variance of these ratings on future product pricing and sales we propose an analytical model which considers products where the variance of consumer ratings results...

Climate change is one of the biggest problems humankind is currently facing. Therefore, there have recently been a rising number of studies which analyze the economic components of climate change. Especially experimental economics offer a promising way to circumvent the missing data problem and...

We investigate wage effects of deviations from peer group body mass index (BMI) to evaluate the influence of social norms on wages. Our approach allows to show the existence of the influence of the social norm and to disentangle it from any (anticipated) productivity effects associated with...

This study applies event study methodology to the outcomes of the 2005 election of the German Bundestag. Results are compared to those of Goldman, Rocholl and So (2009) who found that following the 2000 presidential election in the US, value effects were positive for firms connected to the...

We empirically evaluate the job performance effects of a 6 month part-time training program in a large retail chain, in which participants received feedback on their training success based on a final exam. The data's quasi-experimental structure allows comparison of sales revenue of trained and...

We econometrically evaluate the performance effects of a six month eâ€learning programme in a large retail chain with monthly data on organizational level sales revenue, for four years using panel regressions. Members of initiating cohorts show positive performance effects during training...

We empirically evaluate wage returns to company training using representative individual-level cross-sectional data for the years 2000, 2003, and 2007. A comparison group approach allows comparing wages of participants with non-participants, who were willing to participate in training, yet were...

Research on the process of training evaluation has progressed in many independent fields. In our study, we combine the unique views on training, and training evaluation from the fields of psychology, education, economics, and econometrics. Psychology and education provide knowledge on how to...

Suppose some individuals are allowed to engage in different groups at the same time and they generate a certain welfare by cooperation. Finding appropriate ways for distributing this welfare is a non-trivial issue. The purpose of this work is to analyze two-stage allocation procedures where...