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Monopolistic screening under learning by doing
Gärtner, Dennis - 2007
all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …
Persistent link: https://www.econbiz.de/10003892452
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Regulating Markets with Advice : An Experimental Study
Gottschalk, Felix - 2020
regulation measures -- disclosure and fines for unsuitable advice -- reduce commission payments and improve advice. None of the … regulation measures result in lower commissions and more suitable advice, however, and advice is equally biased in all treatments …
Persistent link: https://www.econbiz.de/10012852983
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Monopolistic screening under learning by doing
Gärtner, Dennis - 2007
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315563
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Asymétries d'information et richesse immatérielle de l'entreprise
Gagnepain, Philippe; Ivaldi, Marc - In: Revue française d'économie : RFE 16 (2002) 3, pp. 129-153
Persistent link: https://www.econbiz.de/10001711797
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Endogenizing private information: Incentive contracts under learning by doing
Gärtner, Dennis - 2004
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315554
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Mergers between regulated firms with unknown efficiency gains
Fiocco, Raffaele; Guo, Gongyu - 2014
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10010358241
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Regulation of Europe's network industries : the perspective of the new economic theory of federalism
Bickenbach, Frank - 2000
economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … transaction-cost-political approaches. There has been some progress in recent years in developing such a "new economic theory of … federalism". Basic ideas and some insights of this theory are discussed with regard to the appropriate "federal" allocation of …
Persistent link: https://www.econbiz.de/10011491086
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Endogenizing private information : incentive contracts under learning by doing
Gärtner, Dennis (contributor) - 2004 - [Elektronische Ressource]
all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …
Persistent link: https://www.econbiz.de/10002521609
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Comparing Certification and Self-Regulation
Mysliveček, Jan - 2009
I compare certification and self-regulation, two widely used quality assurance mechanisms in markets where consumers do … certification fee. Self-regulation is a mechanism in which a club of firms in the industry adhere (or not) to a self-imposed code of …
Persistent link: https://www.econbiz.de/10014203148
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The Regulation of Reputational Information
Goldman, Eric - 2011
-functioning marketplaces depend on the vibrant flow of accurate reputational information, and how misdirected regulation of reputational … information could harm marketplace mechanisms. It then explores some challenges created by the existing regulation of reputational …
Persistent link: https://www.econbiz.de/10014044069