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defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … our theory and find support. Monopolistic insurer-subjects in non-insurance markets increase loss sizes to establish …
Persistent link: https://www.econbiz.de/10011456744
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011518078
Persistent link: https://www.econbiz.de/10012622301
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We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10011825236
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We run a market experiment where firms can choose not only their price but also whether to present comparable offers …
Persistent link: https://www.econbiz.de/10010433911
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