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impatient, a sequential sale can still be more profitable for the seller as it stimulates competition among forward …-looking bidders. This result depends on: (1) the "intensity of competition", which is characterized by the number of items available …
Persistent link: https://www.econbiz.de/10014064953
In this paper I contrast the impact of precision, i.e., the level of accuracy with which workers' performance is assessed, on wage costs in U- and J-type tournaments. In U-type tournaments prizes are fixed. In J-type tournaments only an overall wage sum is specified. The principal can increase...
Persistent link: https://www.econbiz.de/10014065088
This work presents experimental results on a coordination game in which agents must repeatedly choose between two sides, and a positive fixed payoff is assigned only to agents who pick the minoritarian side. We conduct laboratory experiments in which stationary groups of five players play the...
Persistent link: https://www.econbiz.de/10014065544
systematically related to the economic and regulatory environment in which the union operates. Product market competition encourages …
Persistent link: https://www.econbiz.de/10014065660
when there are social ties between consumers and competition between firms. The existence of social ties or competition …
Persistent link: https://www.econbiz.de/10014065817
increases competition and induces both groups to invest more in educational attainment. When the weaker group is in the minority …
Persistent link: https://www.econbiz.de/10014066022
indicates a choice effect near zero. There is thus little evidence that schools respond to Tiebout competition by raising …
Persistent link: https://www.econbiz.de/10014066075
Persistent link: https://www.econbiz.de/10014066252
Recent research and policy discussions have noted that the potentially increased competition among firms since the 1990 … Calvo price-setting assumptions imply the same reduced-form New Keynesian Phillips Curve (NKPC). Increased competition among … concerns about potential loss of market share. These effects are further dampened in an environment of more intense competition …
Persistent link: https://www.econbiz.de/10014066736
Vermeersch and Kremer examine the effects of subsidized school meals on school participation, educational achievement, and school finance in a developing country setting. They use data from a program that was implemented in 25 randomly chosen preschools in a pool of 50. Children's school...
Persistent link: https://www.econbiz.de/10014066855