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Charity auctions for the happy few
Bos, Olivier - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...
Persistent link: https://www.econbiz.de/10010264437
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Bidding among friends and enemies
Ettinger, David - 2003
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011591224
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Bidding among Friends and Enemies
Ettinger, David - 2003
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011325066
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Charity Auctions for the Happy Few
Bos, Olivier - CESifo - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...
Persistent link: https://www.econbiz.de/10005181374
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Charity Auctions for the Happy Few
Bos, Olivier - Staatswissenschaftliches Seminar, Wirtschafts- und … - 2010
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first-price and second-price winner-pay auctions outperform the first-price and second-price all-pay auction when bidders are sufficiently asymmetric. To prove it, we...
Persistent link: https://www.econbiz.de/10008615457
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Of coase, cattle, and crime : why the Becker model is compatible with a moral theory of criminal law
Miceli, Thomas J. - 2022
Persistent link: https://www.econbiz.de/10012887194
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Chapter 2 Liability for Accidents
Shavell, Steven - In: Handbook of law and economics : volume 1, (pp. 139-182). 2007
This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how much care to exercise (at what speed to travel) to...
Persistent link: https://www.econbiz.de/10014023514
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Chapter 11 Externalities and Growth
Klenow, Peter J.; Rodríguez-Clare, Andrés - 2005
Externalities play a central role in most theories of economic growth. We argue that international externalities, in … have international knowledge externalities. When calibrated, the hybrid model does a surprisingly good job of generating …
Persistent link: https://www.econbiz.de/10014023776
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Chapter 3. Property Rights, Public Goods and the Environment
Starrett, David A. - In: Handbook of environmental economics : volume 1, …, (pp. 97-125). 2003
We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...
Persistent link: https://www.econbiz.de/10014023942
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Chapter 51. Human Capital Externalities in Cities
Moretti, Enrico - In: Handbook of regional and urban economics : volume 4, …, (pp. 2243-2291). 2004
externalities that accrue to local geographic areas. The focus of the chapter is on the empirical issues that arise in identifying … these externalities and on the existing empirical evidence on their magnitude. …
Persistent link: https://www.econbiz.de/10014024011