Showing 1 - 10 of 40
Persistent link: https://www.econbiz.de/10011820584
This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a foreign volatility innovation on a conditional...
Persistent link: https://www.econbiz.de/10010341118
Informed decisions are the cornerstone of a functioning democracy. The goal of this paper is twofold. First, to explore who is good at distinguishing between true and false, and, second, to learn something about mechanisms to debunk false news stories. In an experimental study, subjects were...
Persistent link: https://www.econbiz.de/10012436189
Persistent link: https://www.econbiz.de/10010366238
Winning bidders in online auctions frequently fail to complete the transaction. Because enforcing bids usually is too … else equal, the availability of second-chance offers reduces amounts bid in auctions where there is a probability that a … to the idea of creating a deterrent against such behavior. Actual bidding in experimental auctions support these …
Persistent link: https://www.econbiz.de/10012438089
We investigate the effects of alternative open access regimes on market performance. In particular, by means of an economic laboratory experiment we compare the market outcomes under unregulated wholesale competition, under a price-fixing rule (where firms must maintain their wholesale price for...
Persistent link: https://www.econbiz.de/10011445891
Persistent link: https://www.econbiz.de/10010418039
Persistent link: https://www.econbiz.de/10010482955
Persistent link: https://www.econbiz.de/10010483002
Persistent link: https://www.econbiz.de/10010483007