Showing 1 - 10 of 11,233
. -- economics of gender and minorities ; customer discrimination ; product …
Persistent link: https://www.econbiz.de/10003189635
We consider an exchange economy in which a seller can trade an endowment of a divisible good whose quality she privately knows. Buyers compete in menus of non-exclusive contracts, so that the seller may choose to trade with several buyers. In this context, we show that an equilibrium always...
Persistent link: https://www.econbiz.de/10014199733
Rothschild and Stiglitz (1976) show that there need not exist a competitive equilibrium in markets with adverse selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a contract depends on the average type attracted by the...
Persistent link: https://www.econbiz.de/10003831629
In markets with asymmetric information, where equilibria are often inefficient, bargaining can help promote welfare. We design an experiment to examine the impact of competition and price transparency in such settings. Consistent with the theoretical predictions, we find that competition...
Persistent link: https://www.econbiz.de/10012854487
Rothschild and Stiglitz (1976) show that there need not exist a competitive equilibrium in markets with adverse selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a contract depends on the average type attracted by the...
Persistent link: https://www.econbiz.de/10012763924
In the labor market, statistical discrimination occurs when employers' beliefs about workers' behavior induce different … statistical discrimination occurs. We confirm the experimental results of Fryer, Goeree and Holt (2005) who do not find systematic … evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce …
Persistent link: https://www.econbiz.de/10013037417
Persistent link: https://www.econbiz.de/10010191077
This paper studies the effect of competition on ethnic discrimination by carrying out a field experiment in the context … and survey information indicate that local and wholesale buyers do not have different tastes for discrimination. This … suggests that market competition can eliminate the discrimination of wholesale buyers. …
Persistent link: https://www.econbiz.de/10012226442
Becker (1957) famously postulated that taste-based discrimination should disappear in the long run if the market … local and wholesale buyers do not have different tastes for discrimination. This suggests that market competition can … eliminate the discrimination of wholesale buyers …
Persistent link: https://www.econbiz.de/10014098830
This paper analyzes the impact of market liberalization on gender earnings differentials and discrimination against … loosening of the government's egalitarian wage setting policies, leaving more space for discrimination in state …
Persistent link: https://www.econbiz.de/10014069065