Showing 1 - 10 of 27
environments, ranging from American students facing punishment in laboratory experiments, to Israeli parents facing fines for …
Persistent link: https://www.econbiz.de/10009441131
Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...
Persistent link: https://www.econbiz.de/10009467788
In this paper we report the results of an experiment designed to examine the properties of a hybrid auction - a Dutch-Vickrey auction, that combines a sealed bid first-price auction with a sealed bid second-price auction. This auction mechanism shares some important features with that used in...
Persistent link: https://www.econbiz.de/10009451730
This paper reports a preliminary laboratory experiment in which traders make investments to increase the reliability of tradable instruments that represent greenhouse gas emissions allowances. In one half of the sessions these investments are unobservable, while in the other half traders can...
Persistent link: https://www.econbiz.de/10009430680
In theory, competitive emission permit markets minimise total abatement cost for any emissionceiling. Permit markets are often imperfectly competitive, however, if they are thin anddominated by large firms. The dominant firm(s) could exercise market power and increase otherfirms’ costs of...
Persistent link: https://www.econbiz.de/10009445935
Financial markets in less developed countries suffer from financial dualism, a situation in which a large informal sector coexists alongside a formal one. Contemporary financial market theories are not able to incorporate an understanding of the informal sector and are, therefore, only...
Persistent link: https://www.econbiz.de/10009468279
In the first chapter of this dissertation, I estimate the wage elasticity of working in the day labor market in rural Malawi using panel data from a unique field experiment. Though employment in daily wage markets is important to individuals and governments in developing countries, there is...
Persistent link: https://www.econbiz.de/10009477404
study clearly demonstrates that ethics cannot be ignored in the classroom. For corporate strategists, examining their …
Persistent link: https://www.econbiz.de/10009434952
dilemma, asking what insight business ethics research can provide for those who might wonder about the purpose of their firms … organizational theories of evolution, to the study of career trajectories, and to a life-cycle approach to business ethics. …
Persistent link: https://www.econbiz.de/10009438634
in managing ethics. Design/methodology/approach – Three levels of ethics are identified and discussed in the paper in the … context of three international strategies. Findings – The study finds that an organisation’s approach to ethics depends on its … level of ethics and the type of international strategy adopted. These two dimensions have the potential to create …
Persistent link: https://www.econbiz.de/10009441636