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vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …, increases the likelihood the object remains unsold, and increases expected revenue conditional on sale. Reserve price effects …
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During the recent period of economic crisis, many countries have introduced scrappage schemes to boost the sale and production of vehicles, particularly of vehicles designed to pollute less. In this paper, we analyze the impact of a particular scheme in Spain (Plan2000E) on vehicle prices and...
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We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …
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price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria’s Fuel …
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publicly report their charge prices. Our study evaluates the heterogeneous effects of this price transparency policy. We use a … synthetic control method that allows for heterogeneous treatment effects. We find that the price transparency policy not only …) hospitals’ past charge prices prior to adopting the price transparency law, that is, high-price hospitals reduce charge and …
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