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1
Homogenous goods markets: an empirical study of price dispersion on the internet
Warin, Thierry
;
Leiter, Daniel
- In:
International Journal of Economics and Business Research
4
(
2012
)
5
,
pp. 514-529
This paper presents the results of an empirical study of price dispersion in homogenous goods markets. Modern economic theory suggests that markets will inevitably have information asymmetries resulting in equilibriums with price dispersion even when goods are perfectly homogenous. Earlier...
Persistent link: https://www.econbiz.de/10010669665
Saved in:
2
Warranties as Signals Under Consumer Moral Hazard
Lutz, Nancy A.
-
Cowles Foundation for Research in Economics, Yale University
-
1988
In this paper, I examine whether and how warranties serve as signals of product quality in an environment where there are opportunities for consumer moral hazard. My model is very similar to Grossman's. A risk neutral monopolist produced a good of fixed and exogenous quality. This product is...
Persistent link: https://www.econbiz.de/10005463971
Saved in:
3
Price Signals Quality. The Case of One-Sided Asymmetric Information
Ellingsen, Tore
-
Economics Institute for Research (SIR), …
-
1995
The paper considers the pricing decision by a seller who has private information about quality. It is shown that, contrary to widespread belief, high quality products may be sold with positive probability even when buyers have no private information. The separating equilibria have a very simple...
Persistent link: https://www.econbiz.de/10005649431
Saved in:
4
Strategic R%D in systems industry - a network externality-based theory
Sarkar, Sumit
- In:
International Journal of Management and Network Economics
2
(
2012
)
3
,
pp. 236-256
The existing literature suggests that an incumbent monopolist supplier of a system component can successfully deter entry by increasing its installed base, which plays a role similar to that of the commitment value of investment in capacity. In this paper, we consider a systems market with...
Persistent link: https://www.econbiz.de/10010817121
Saved in:
5
The Informational Role of the Arbitration Clause
Chappe, Nathalie
- In:
European Journal of Law and Economics
13
(
2002
)
1
,
pp. 27-34
Persistent link: https://www.econbiz.de/10005674370
Saved in:
6
Student Selection and
Incentives
Eisenkopf, Gerald
-
Thurgauer Wirtschaftsinstitut an der Universität Konstanz
-
2008
The paper discusses the impact of performance based selection in secondary education on student
incentives
. The … measure the efficiency of selective systems as long as these tests provide no information about a student’s
incentives
and …
Persistent link: https://www.econbiz.de/10005051704
Saved in:
7
Sharing Information through Delegation and Collaboration
Swank, Otto H.
;
Visser, Bauke
-
Tinbergen Institute
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10005450795
Saved in:
8
Self-Confidence & Social Interactions
Bénabou, Roland
;
Tirole, Jean
-
C.E.P.R. Discussion Papers
-
2000
, people who derive benefits from his performance (parent, spouse, friend, teacher, manager, etc.) have
incentives
to …
Persistent link: https://www.econbiz.de/10005656299
Saved in:
9
Sharing Information through Delegation and Collaboration
Swank, Otto H.
;
Visser, Bauke
-
Tinbergen Instituut
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10011257452
Saved in:
10
Quality, pricing and success in electronic retailing – what makes an e-shop successful?
Hofmann, Georg Rainer
- In:
World Review of Entrepreneurship, Management and …
7
(
2011
)
2
,
pp. 155-173
The article addresses the question 'What makes an e-shop successful?' by providing various reference models. These reference models are for the obvious retail evolution, for quality and retail sales, for pricing and quality of products, and for pricing and quality of the sales process (i.e.,...
Persistent link: https://www.econbiz.de/10009353079
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