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Experiments are reported that add to the growing literature on the voluntary provision of public goods. Information conditions are manipulated to address whether early findings of above-equilibrium contributions to a public good are a result of complete information regarding the symmetry of the...
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It is widely believed that higher education academic salaries are too low, and that this may lead to a 'brain drain' and also lower quality in higher education, as universities fail to attract the 'brightest and the best'. We compare the salaries of higher education teaching professionals in the...
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Across many forms of rent seeking contests, the impact of risk aversion on equilibrium play is indeterminate. We design an experiment to compare individuals’ decisions across three contests which are isomorphic under risk-neutrality, but are typically not isomorphic under other risk...
Persistent link: https://www.econbiz.de/10005163061
The Domesday Survey provides the first comprehensive national survey of any economy. The availability of two complementary data sources allows a direct estimate of Tenant-in-Chief’s lands from the Survey. By providing a means to identifying the extent of arable activity outside the demesne, as...
Persistent link: https://www.econbiz.de/10005178177
Department stores represented one of the most advertising-intensive sectors of American inter-war retailing. Yet it has been argued that a competitive spiral of high advertising spending, to match the challenge of other local department stores, contributed to a damaging inflation of costs that...
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We show that hedonic price indices that omit model-specific unobservable product attributes are subject to considerable bias. We utilize a complete panel of new car versions marketed in the UK over 1971-98 which incorporates over 100 observable product characteristics, sales weighting to capture...
Persistent link: https://www.econbiz.de/10005195448
The recent industrial action taken by the Association of University Teachers (AUT) has given the issue of academic pay high prominence in the UK press. There appears to be a remarkable consensus that higher education academic salaries are too low, relative to other groups of workers in the UK,...
Persistent link: https://www.econbiz.de/10010746042