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Trafficking in drugs and economic theory
Pandey, S.S.D. - Volkswirtschaftliche Fakultät, … - 1991
operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …
Persistent link: https://www.econbiz.de/10009422026
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Optimal Justice in a General Equilibrium Model with Non Observable Individual Productivities
Lasserre, Pierre; Soubeyran, Antoine - Centre Interuniversitaire de Recherche en Analyse des … - 1999
the proportion of aggregate production that fails to be appropriated, and the private incentives to choose productive …
Persistent link: https://www.econbiz.de/10005100938
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Norms, incentives and information in income insurance
Lindbeck, Assar; Persson, Mats - 2015
insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between … the interaction between norms and economic incentives. …
Persistent link: https://www.econbiz.de/10010482983
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Implicit contracts, incentive compatibility, and involuntary unemployment : thirty years on
MacLeod, William Bentley; Malcomson, James M. - 2023
"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...
Persistent link: https://www.econbiz.de/10013500553
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The false consensus effect disappears if representative information and monetary incentives are given
Engelmann, Dirk; Strobel, Martin - 1999
incentives for revealing the actual estimation of others' behavior. In each session and round sixteen subjects make a choice … provide information about other subjects' choices. There we find no false consensus effect. At an aggregate level, subjects … not provide information. …
Persistent link: https://www.econbiz.de/10009581106
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Unawareness and selective disclosure : the effect of school quality information on property prices
Haisken-DeNew, John P.; Hasan, Syed; Jha, Nikhil; … - 2017
The Australian Government launched the My School website in 2010 to provide standardised information about the quality … Victoria to estimate the effect of the publication of school quality information on property prices. We use a difference …-in-difference approach to estimate the causal effect of the release of information about high-quality and low-quality schools relative to …
Persistent link: https://www.econbiz.de/10011589131
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Unawareness and selective disclosure : the effect of school quality information on property prices
Haisken-DeNew, John P.; Hasan, Syed; Jha, Nikhil; … - 2016
The Australian Government launched the My School website in 2010 to provide standardised information about the quality … Victoria to estimate the effect of the publication of school quality information on property prices. We use a difference …-in-difference approach to estimate the causal effect of the release of information about high-quality and low-quality schools relative to …
Persistent link: https://www.econbiz.de/10011595222
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Uncertainty and Currency Crises: Evidence from Survey Data
Prati, Alessandro; Sbracia, Massimo - Volkswirtschaftliche Fakultät, … - 2010
This paper studies empirically how uncertainty affects speculation in the foreign exchange markets. We use the dispersion of survey forecasts of key macroeconomic variables to measure uncertainty about fundamentals. We find that uncertainty has a non-monotone effect on exchange rate pressures:...
Persistent link: https://www.econbiz.de/10008592942
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Unawareness and Selective Disclosure : The Effect of School Quality Information on Property Prices
Haisken-DeNew, John P. - 2017
The Australian Government launched the My School website in 2010 to provide standardised information about the quality … Victoria to estimate the effect of the publication of school quality information on property prices. We use a difference …-indifference approach to estimate the causal effect of the release of information about high-quality and low-quality schools relative to …
Persistent link: https://www.econbiz.de/10012965181
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Unawareness and Selective Disclosure : The Effect of School Quality Information on Property Prices
Haisken-DeNew, John P. - 2017
The Australian Government launched the My School website in 2010 to provide standardised information about the quality … Victoria to estimate the effect of the publication of school quality information on property prices. We use a difference …-in-difference approach to estimate the causal effect of the release of information about high-quality and low-quality schools relative to …
Persistent link: https://www.econbiz.de/10012966818