Showing 1 - 10 of 547
whether utility regulators should broaden their consider include positive externalities from electric vehicles such as …
Persistent link: https://www.econbiz.de/10014156522
We consider information markets where its consumers care about some unknown state of fundamentals and about coordinating with others. Moreover, information consumes attention while being consumed and attention can be monetized, so that information suppliers compete for it. We examine how the...
Persistent link: https://www.econbiz.de/10012967731
Local network externalities are present when the network externalities associated with entering a certain network … the consequences of local network externalities within a framework where two networks compete on the Hotelling circle. We … first show that local network externalities, in contrast to global network externalities, do not sharpen competition. Then …
Persistent link: https://www.econbiz.de/10013160176
heterogeneity in competition is easily measured. I develop and estimate a matching model with externalities, where the value of a …
Persistent link: https://www.econbiz.de/10012943206
Economists typically locate the origins of the theory of externalities in A.C. Pigou's The Economics of Welfare (1920 … Economics of Welfare, economists largely stopped writing about externalities. On the rare occasions when externalities were … note that externalities were an impediment to the attainment of the optimum. When economists once again began to take up …
Persistent link: https://www.econbiz.de/10012913800
Everyone remembers a plot where a disadvantaged individual facing the prospect of failure, spends more effort, turns around the game and wins unexpectedly. Most tournament theories, however, predict the opposite pattern and see the disadvantaged agent investing less effort. We show that 'turn...
Persistent link: https://www.econbiz.de/10011430528
A dramatic surge in revenues from TV broadcasting and brand-selling forced modern football clubs, simultaneously involved in domestic and European competitions, to operate in a new environment. In response, the Union of European Football Associations introduced the Financial Fair Play...
Persistent link: https://www.econbiz.de/10012911867
disadvantage. -- Contest ; externalities ; recruiting ; wage policy …
Persistent link: https://www.econbiz.de/10009126097
Persistent link: https://www.econbiz.de/10010411533
Charness and Dufwenberg (Am. Econ. Rev. 101(4):1211–1237, <CitationRef CitationID="CR10">2011</CitationRef>) have recently demonstrated that cheap-talk communication raises efficiency in bilateral contracting situations with adverse selection. We replicate their main finding and extend their design to include competition between agents....</citationref>
Persistent link: https://www.econbiz.de/10010988995