The order of actions in contests may generate different psychological effects which, in turn, may influence contestants' probabilities to win. The Prouhet-Thue-Morse sequence in which the first 'n' moves is the exact mirror image of the next 'n' moves should theoretically terminate any advantage...

Using German establishment data, this paper examines the relationship between product market competition and the extent of employer provided training. We demonstrate that high product market competition is associated with increased training except when the competition is so severe as to threaten...

I introduce a reduced form two-sided market model to study prediction and identification in two-sided markets. The model generates the hallmark features of two-sided markets: potentially below cost or even negative prices to one side of the market, and the “see-saw” or “waterbed” effect...

In this paper, the author shows how the introduction of a bargaining game structure into a standard R&D endogenous growth model can be a potential source of local indeterminacy. He also shows that on a high-growth path, the government, by directly engaging in R&D activities and using R&D...

This paper presents and investigates a new data set of individual residential property transactions in England. The main novelty of the data is the record of all listing price changes and all offers made on a property, as well as all the visits by potential buyers for a subset of the properties....

In this paper, a fuzzy multiobjective mathematical programming model for operational transport planning in a supply chain is presented. The objectives of the proposed model are the minimization of the number of used trucks and the total inventory level, by considering vehicle capacities as a...

The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it does not include most market firms....

Economic analysis is used to compare different paradigms for understanding the marketplace for religions and religious ideas. The Sacred Canopy paradigm views it necessary for social stability to grant monopoly power to an official state religion. The New Paradigm views separation of Church and...

Die Produktion emissionsintensiver Grundstoffe wie Stahl, Aluminium und Zement ist für einen Großteil der CO2-Emissionen der europäischen Industrie verantwortlich. Da die Hersteller dieser Grundstoffe im internationalen Wettbewerb stehen und das CO2-Preissignal nur zu einem geringen Teil...

In the empirical literature on grocery retailing it is typically assumed that all consumers choose from the full set of products in the market. We develop an approach to formally test this assumption. Our test can be applied to individual-level purchase data. Unlike previous approaches it does...