Showing 943,521 - 943,530 of 949,375
The paper is concerned with instructions as a way of setting premises for subsequent decisions in models of teams à la Marschak-Radner, under information diversification. The paper suggests that instructions can bridge people's differences in knowledge: they do not require mutual understanding...
Persistent link: https://www.econbiz.de/10010312657
in the literature so far may be too high, as these estimates neglect the effect of relative price changes on the …
Persistent link: https://www.econbiz.de/10010312660
price instrument (tariff) and two quantity instruments (discount and import quota). All instruments restrict trade. The …
Persistent link: https://www.econbiz.de/10010312662
Although left-right items are a standard tool of public opinion research, there is little agreement about the optimal response format. Two disputes can be identified in the literature: (1) whether to provide respondents with a small or large number of answer categories, and (2) whether or not to...
Persistent link: https://www.econbiz.de/10010312796
This paper analyses the wage demands of a sector-level monopoly union facing internationally mobile firms. A simple two-country economic geography model is used to describe how firms relocate in function of international di erences in production costs and market size. The union sets wages in...
Persistent link: https://www.econbiz.de/10010313245
Following along the lines of a growing literature on the causal link between exporting and productivity this paper analyzes the existence of 'learning-by-exporting'in Slovenian manufacturing between 1994 and 2002. This paper asks whether in addition to good firms self-selecting into exports and...
Persistent link: https://www.econbiz.de/10010313260
This article analyses how credit market imperfections affect the impacts of subsidies by analyzing the effects of agricultural subsidies in the new Eastern Member States of the European Union with a partial equilibrium model which integrates credit and land market imperfections. We show that...
Persistent link: https://www.econbiz.de/10010313270
In an effort to stimulate a more exciting and entertaining style of play, the National Hockey Association (NHL) changed the rewards associated with the results of overtime games. Under the new rules, teams tied at the end of regulation both receive a single point regardless of the outcome in...
Persistent link: https://www.econbiz.de/10010313277
Many contributions to the literature on competition in banking use the Panzar and Rosse test (1987). This test encompasses a variety of market outcomes assuming firms maximize profits. However, when applied to the banking industry, this assumption may not be always valid as banks sometimes may...
Persistent link: https://www.econbiz.de/10010313280
This paper analyses the detfirminants of household firms?participation in land rental markets in transition countries and what affects their access to land through rental markets. We derive several theoretical hypotheses on the impact of households?management ability, land endowment, land...
Persistent link: https://www.econbiz.de/10010313289