Showing 1 - 10 of 1,249
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10010298081
This paper examines how quality incentives are related to the interoperability of competing platforms. Platforms choose whether to operate standardised or exclusively, prior to quality and subsequent price competition. We find that platforms choose a common standard if they can coordinate their...
Persistent link: https://www.econbiz.de/10010333982
hiring standards in response to changes in market conditions has been emphasized in a classical contribution by Reder and …, suggesting that market clearing in labor markets is achieved by a combination of wage adjustments and changes in hiring standards. …
Persistent link: https://www.econbiz.de/10010427507
A model of two-sided market (for credit cards) is introduced and discussed. In this model, agents can join none, one, or more than one platform (multihoming), depending on access prices and the choices made by agents on the opposite market side. Although emerging multihoming patterns are,...
Persistent link: https://www.econbiz.de/10010312541
This paper presents a political economy model of public standards in an open economy model. We use the model to derive …-standardization?or `over-standardization?results, and which standards can be labeled as (producer)protectionist measures. …
Persistent link: https://www.econbiz.de/10010313360
This paper examines how quality incentives are related to the interoperability of competing platforms. Platforms choose whether to operate standardised or exclusively, prior to quality and subsequent price competition. We find that platforms choose a common standard if they can coordinate their...
Persistent link: https://www.econbiz.de/10003848849
hiring standards in response to changes in market conditions has been emphasized in a classical contribution by Reder and …, suggesting that market clearing in labor markets is achieved by a combination of wage adjustments and changes in hiring standards. …
Persistent link: https://www.econbiz.de/10003470514
Many high technology goods are based on standards that require several essential patents owned by different IP holders …
Persistent link: https://www.econbiz.de/10003909249
This paper discusses the design, implementation and use of standards from the perspective of transaction costs … economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which … shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …
Persistent link: https://www.econbiz.de/10011373830
Persistent link: https://www.econbiz.de/10011309181