Showing 1 - 10 of 36
as screening device, to increase green supply and curb pooling. Perverse reactions entail decreasing green supply …
Persistent link: https://www.econbiz.de/10010319327
We consider a model of international migration where skills of workers are imperfectly observed by firms in the host country and where information asymmetries are more severe for immigrants than for natives. There are two stages. In the first one, workers in the South decide whether to move and...
Persistent link: https://www.econbiz.de/10014532807
We consider a monopolistic supplier’s optimal choice of wholesale tariffs when downstream firms are privately informed about their retail costs. Under discriminatory pricing, downstream firms that differ in their ex ante distribution of retail costs are offered different tariffs. Under uniform...
Persistent link: https://www.econbiz.de/10010293910
This paper analyzes a model in which housing tenure choice serves as a means of screening households with different … acts as a screening device: consistent with empirical evidence, low-utilization households buy a house, while high …-utilization types rent. Otherwise, there is a pooling equilibrium. The reason why, contrary to standard screening models, a pooling …
Persistent link: https://www.econbiz.de/10010294725
policies act as a screening mechanism to mitigate the adverse selection problem. This perspective of short-time work as a …
Persistent link: https://www.econbiz.de/10013164119
a screening mechanism enabling donors to better assess the use that is made of the money they could contribute. We …
Persistent link: https://www.econbiz.de/10010283578
We consider a model of international migration where skills of workers are imperfectly observed by firms in the host country and where information asymmetries are more severe for immigrants than for natives. There are two stages. In the first one, workers in the South decide whether to move and...
Persistent link: https://www.econbiz.de/10010285980
In the presence of scarce shelf space, retail grocers face the proliferation of new products and high failure rates. Accurately predicting the demand for a new product becomes increasingly difficult for retailers as the number of product offerings increases. This study explores slotting...
Persistent link: https://www.econbiz.de/10014601261
What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show that his results are robust: For a small information...
Persistent link: https://www.econbiz.de/10011083449
We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice, consumers can determine the precision of a privately observed signal that is informative about their accident risk. The equilibrium effort is, depending on parameter values, either...
Persistent link: https://www.econbiz.de/10011084544