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A common-value auction with state-dependent participation

Lauermann, Stephan; Wolinsky, Asher - In: Theoretical Economics 17 (2022) 2, pp. 841-881

This paper analyzes a common-value, first-price auction with state-dependent participation. The number of bidders, which is unobservable to them, depends on the true value. For participation patterns with many bidders in each state, the bidding equilibrium may be of a "pooling" type---with high...

Persistent link: https://www.econbiz.de/10014536902

Asset bubbles and product market competition

Queirós, Francisco - In: Theoretical Economics 19 (2024) 1, pp. 325-364

This paper studies the interplay between asset bubbles and product market competition. It offers two main insights. The … first is that imperfect competition creates a wedge between interest rates and the marginal product of capital. This makes … subsidy, bubbles stimulate competition and reduce monopoly rents. I show that bubbles can destroy efficient investment and …

Persistent link: https://www.econbiz.de/10014537011

Gender, competition, and performance: Evidence from chess players

Backus, Peter; Cubel, Maria; Guid, Matej; … - In: Quantitative Economics 14 (2023) 1, pp. 349-380

This paper studies gender differences in performance in a male-dominated competitive environment chess tournaments. We find that the gender composition of chess games affects the behaviors of both men and women in ways that worsen the outcomes for women. Using a unique measure of within-game...

Persistent link: https://www.econbiz.de/10014537017

Strategies of capital accumulation in times of land scarcity. : a field perspective on social housing construction in Vienna

Altreiter, Carina; Litschauer, Katharina - In: Forum for social economics 53 (2024) 2, pp. 216-232

Persistent link: https://www.econbiz.de/10014532079

Evil customers, an angel boss and coopetitive coworkers : burnout of frontline employees

Yang, Fiona X.; Lau, Virginia Meng-Chan - In: International journal of hospitality management 83 (2019), pp. 1-10

Persistent link: https://www.econbiz.de/10012121888

Does online fundraising increase charitable giving? : a nationwide field experiment on Facebook

Adena, Maja; Hager, Anselm - 2024

inappropriate proxy for donations and recommend that managers use careful experimental designs that can plausibly evaluate the …

Persistent link: https://www.econbiz.de/10014478191

The perceived impact of immigration on native workers' labour market outcomes

Hayo, Bernd; Roth, Duncan - 2024

socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the … competitors on the labour market. (iii) The perception of potential competition from migrants strongly predicts fear of job loss …

Persistent link: https://www.econbiz.de/10014540118

Inequality and Market Concentration: New Evidence from Australia

Hotchin, Lachlan; Leigh, Andrew - 2024

Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...

Persistent link: https://www.econbiz.de/10014533863

Tax Incidence in Heterogeneous Markets: The Pass-through of Air Passenger Taxes on Airfares

Wozny, Florian - 2024

incidence increases with competition but decreases with lower demand elasticity. Furthermore, the air passenger tax reduces …

Persistent link: https://www.econbiz.de/10014533931

Do Women Fare Worse When Men Are Around? Quasi-Experimental Evidence

Gomez-Ruiz, Marcela; Cervini-Plá, María; Ramos, Xavier - 2024

We investigate the impact of a change in the gender composition of the pool of candidates on the academic performance of women in an entrance exam. We use data from a natural experiment that altered the gender composition of the candidates for a nation-wide admission exam to a coding educational...

Persistent link: https://www.econbiz.de/10014533959