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Everyone remembers a plot where a disadvantaged individual facing the prospect of failure, spends more effort, turns around the game and wins unexpectedly. Most tournament theories, however, predict the opposite pattern and see the disadvantaged agent investing less effort. We show that 'turn...
Persistent link: https://www.econbiz.de/10011430528
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
Persistent link: https://www.econbiz.de/10011433008
We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011436067
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Gavosto, Venturini, Villosio (1999) find that the impact of foreign workers on the wage of natives was positive. Such a result was partly to be expected, and therefore the effect of immigrants on native employment is analyzed here. Two aspects of the unemployment experience are taken into...
Persistent link: https://www.econbiz.de/10011410707
We use laboratory experiments to study the causal effects of favorable and unfavorable competitive market experience on cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral spillovers between different spheres of...
Persistent link: https://www.econbiz.de/10011414636
competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
Persistent link: https://www.econbiz.de/10011498116
Much of the current policy and scientific debate regarding territorial development focuses on territorial competition …, which is a result of the outspread of competition (the centerpiece in classical and neoclassical political economy) over … many aspects of other disciplines except economics, including geographical science. Territorial competition as a concept …
Persistent link: https://www.econbiz.de/10011507848