Similar Search Results

Prummer, Anja - 2020

competition. If value is redistributed, the reduction in information rent outweighs the loss in competitiveness, making …

Persistent link: https://www.econbiz.de/10012243271

Mergers between regulated firms with unknown efficiency gains

Fiocco, Raffaele; Guo, Gongyu - 2014

informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …

Persistent link: https://www.econbiz.de/10010358241

Existence of a pure-strategy Bayesian Nash equilibrium in imperfectly discriminating contests

Wasser, Cédric - 2010

We consider a general class of imperfectly discriminating contests with privately informed players. We show that findings by Athey (2001) imply the existence of a Bayesian Nash equilibrium in monotone pure strategies.

Persistent link: https://www.econbiz.de/10008822063

Can a bonus overcome moral hazard? : experimental evidence from markets for expert services

Angelova, Vera; Regner, Tobias - 2018

factors could improve advice quality. Besides advisor competition and identifiability, we add the possibility for clients to … make a voluntary payment, a bonus, after observing advice quality. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation …

Persistent link: https://www.econbiz.de/10011881706

Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services

Angelova, Vera; Regner, Tobias - 2017

factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to have …

Persistent link: https://www.econbiz.de/10011697162

Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services

Angelova, Vera; Regner, Tobias - 2016

factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …-telling under competition. …

Persistent link: https://www.econbiz.de/10011530053

Competition for a prize

Noll, Rob van der - 2006

I present a model in which individuals compete for a prize by choosing to apply or not. Abilities are private information and in attempt to select the best candidate, the committee compares applicants with an imperfect technology. The choice of application cost, size of the prize and use of...

Persistent link: https://www.econbiz.de/10011348717

Crowdfunding in a competitive environment

Miglo, Anton - In: Journal of risk and financial management : JRFM 13 (2020) 3/39, pp. 1-38

) Competition increases the chances of using crowdfunding compared to the monopoly case; (5) A non-monotonic relationship exists …

Persistent link: https://www.econbiz.de/10012174171

The curse of knowledge increases self-selection into competition : experimental evidence

Danz, David - 2014 - Rev.

overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of …

Persistent link: https://www.econbiz.de/10010403249

Innovation under financial restrictions

Neff, Cornelia - 1998

How do financial constraints influence innovative activities of firms? In a two-period model of price competition with … and might even become a monopolist in the second period of competition. If we finally assume that both firms are …

Persistent link: https://www.econbiz.de/10010405872