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Communication, cooperation and collusion in team tournaments - An experimental study

Sutter, Matthias; Strassmair, Christina - 2007

We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing communication in such situations may have ambiguous...

Persistent link: https://www.econbiz.de/10010427509

Equal Sharing Rules in Partnerships

Bartling, Björn; Siemens, Ferdinand von - 2007

Partnerships are the prevalent organizational form in many industries. Most partnerships share profits equally among the partners. Following Kandel and Lazear (1992) it is often argued that ``peer pressure'' mitigates the arising free-rider problem. This line of reasoning takes the equal sharing...

Persistent link: https://www.econbiz.de/10010427510

Why were FIFA World Cup Tickets so cheap? Monopoly Pricing, Demand Quality and Two-Sided Markets

Eichhorn, Christoph; Sahm, Marco - 2007

We examine the pricing decision of a multi-product monopolist in a two-sided market where the type structure of buyers on one side of the market is an important determinant of profit on the other side. In this situation it might be optimal to set prices below the maximum sellout price and to...

Persistent link: https://www.econbiz.de/10010427511

Dichotomous preferences and power set extensions

Arlegi, Ritxar; Dimitrov, Dinko - 2008

This paper is devoted to the study of how to extend a dichotomous partition of a universal set X into good and bad objects to an ordering on the power set of X. We introduce a family of rules that naturally take into account the number of good objects and the number of bad objects, and provide...

Persistent link: https://www.econbiz.de/10010427514

Trend Extraction From Time Series With Structural Breaks and Missing Observations

Schlicht, Ekkehart - 2008

Trend extraction from time series is often performed by using the filter proposed by Leser (1961), also known as the Hodrick-Prescott filter. Practical problems arise, however, if the time series contains structural breaks (as produced by German unification for German time series, for instance),...

Persistent link: https://www.econbiz.de/10010427520

Unionisation triggers tax incentives to attract foreign direct investment

Haufler, Andreas; Mittermaier, Ferdinand - 2008

This paper analyses tax competition between a unionised and a non-unionised country for the location of an outside firm. We show that unionisation offers an extra incentive for the government to attract a foreign competitor to a concentrated domestic market, in order to affect the behaviour of...

Persistent link: https://www.econbiz.de/10010427522

Consistency in Organization

Schlicht, Ekkehart - 2008

modern compensation theory, but has not been extended to organization theory. The idea is developed by starting from … Williamson's discussion of idiosyncratic exchange. The perspective sheds new light on several topics in the theory of the firm … of incentives, or the role of routines. It implies a “perceptional” theory of the firm that is “realistic” in the sense …

Persistent link: https://www.econbiz.de/10010427523

The Optimal Regulation of Credit Rating Agencies

Forster, Josef - 2008

Credit rating agencies (CRAs) very often have been criticized for announcing inaccurate credit ratings and are suspected of being exposed to conflicts of interest. Despite these objections CRAs remained largely unregulated. Based on Pagano & Immordino (2007), we study the optimal regulation of...

Persistent link: https://www.econbiz.de/10010427528

Group versus Individual Lending in Microfinance

Lehner, Maria - 2008

Microfinance is typically associated with joint liability of group members. However, a large part of microfinance institutions rather offers individual instead of group loans. We analyze the incentive mechanisms in both individual and group contracts. Moreover, we show that microfinance...

Persistent link: https://www.econbiz.de/10010427529

A Model of Vertical Oligopolistic Competition

Reisinger, Markus; Schnitzer, Monika - 2008

This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...

Persistent link: https://www.econbiz.de/10010427530