Showing 1 - 10 of 10,446
This essay considers the role of reputational information in our marketplace. It explains how well-functioning marketplaces depend on the vibrant flow of accurate reputational information, and how misdirected regulation of reputational information could harm marketplace mechanisms. It then...
Persistent link: https://www.econbiz.de/10014044069
-off between broker level competition for reputation and market liquidity. Broker level competition checks manipulation, but it …
Persistent link: https://www.econbiz.de/10011760237
Persistent link: https://www.econbiz.de/10008907299
Persistent link: https://www.econbiz.de/10003623573
Persistent link: https://www.econbiz.de/10003987192
Persistent link: https://www.econbiz.de/10009244361
Persistent link: https://www.econbiz.de/10009767160
observable and unobservable private precautions against crime. An analysis of welfare implications determines that a setting in …
Persistent link: https://www.econbiz.de/10010202896
Persistent link: https://www.econbiz.de/10001690693
This paper analyzes private precautions against crime when the value of the property to be protected is private … information. Within a framework in which potential criminals can choose between various crime opportunities, we establish that …
Persistent link: https://www.econbiz.de/10013315885