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Self-serving behavior in price-quality competition : conference paper

Bertini, Marco; Halbheer, Daniel; Koenigsberg, Oded - 2013

this phenomenon, and develop a model of price-quality competition that incorporates the empirical findings. In particular …

Persistent link: https://www.econbiz.de/10010341101

Regulatory competition in credit markets with capital standards as signals : conference paper

Haufler, Andreas; Maier, Ulf - 2013 - Preliminary and incomplete, February 2013

This paper studies regulatory competition in the banking sector in a model where banks are heterogeneous and taxpayers … strictly regulated country. In this model, regulatory competition in capital standards may lead to a `race to the top' for two …

Persistent link: https://www.econbiz.de/10010342193

Gender differences in competition and sabotage : conference paper

Dato, Simon; Nieken, Petra - 2013

We study the differences in behavior of males and females in a two-player tournament with sabotage in a controlled lab experiment. Implementing a real-effort design and a principal who is paid based on the agent s output, we find that males and females do not differ in their achievements in the...

Persistent link: https://www.econbiz.de/10010342814

Reference points, social norms, and fairness in contract renegotiations : conference paper

Bartling, Björn; Schmidt, Klaus M. - 2013

Do contracts provide reference points that affect ex post behavior? We address this question in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and economically important impact on...

Persistent link: https://www.econbiz.de/10010342843

Licensing with free entry : conference paper

Doganoglu, Toker; Inceoglu, Firat; Muthers, Johannes - 2013

The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Specifically, we find that when the patentee can employ...

Persistent link: https://www.econbiz.de/10010342889

Tax Competition for Foreign Direct Investments and the Nature of the Incumbent Firm

Amerighi, Oscar; De Feo, Giuseppe - 2012

In this paper we investigate tax/subsidy competition for FDI between countries of different size when a domestic firm … policy competition between the two governments seeking to attract FDI. We show that the country hosting the incumbent always … welfare-maximizer location. Finally, an efficiency-enhancing role of policy competition may only arise when the domestic …

Persistent link: https://www.econbiz.de/10010343825

Bank competition : when is it good?

Hainz, Christa - 2008

The effects of bank competition and institutions on credit markets are usually studied separately although both factors … are interdependent. We study the effect of bank competition on the choice of contracts (screening versus collateralized … effects of bank competition on collateralization, access to finance, and social welfare depend on the institutional …

Persistent link: https://www.econbiz.de/10010343924

The optimal prize structure of symmetric Tullock contests

Schweinzer, Paul; Segev, Ella - 2008

We show that the optimal prize structure of symmetric n-player Tullock tournaments assigns the entire prize pool to the winner, provided that a symmetric pure strategy equilibrium exists. If such an equilibrium fails to exist under the winner-take-all structure, we construct the optimal prize...

Persistent link: https://www.econbiz.de/10010343930

Contests with multi-tasking

Clark, Derek J.; Konrad, Kai A. - 2006

: simplicity. In this paper we propose an extension in which competition ensues in several dimensions and a competitor that wins a …

Persistent link: https://www.econbiz.de/10010343948

Contests with investment

Münster, Johannes - 2006

Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals devote resources to win some prize. In reality such contests are often preceded by investments of the contestants into their ability to fight in the contest. This paper studies a two...

Persistent link: https://www.econbiz.de/10010343949