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This paper considers competitive search equilibrium in a market for a good whose quality differs across sellers. Each seller knows the quality of the good that he or she is offering for sale, but buyers cannot observe quality directly. We thus have a "market for lemons" with competitive search...
Persistent link: https://www.econbiz.de/10015050844
As the not-so-new-now coronavirus pandemic has affected all walks of life, education has not been an exemption; what is more, it is one of the most severely hit sectors. The unknown crisis created unprecedented circumstances for all participants in the education process, and school leaders have...
Persistent link: https://www.econbiz.de/10013336945
When managing any commercial, professional, scientific, or other project, it is necessary to plan all segments to integrate the various components and achieve the set plans. Nowadays, tasks such as drawing Gantt charts, network diagrams, and creating project reports are unthinkable without...
Persistent link: https://www.econbiz.de/10013488674
This paper presents new evidence on the question: Why don’t consumers switch electricity contracts? By conducting a large-scale survey experiment with 3% of the Danish working-age population, I have gathered data on respondents’ factual knowledge of the retail electricity market, their...
Persistent link: https://www.econbiz.de/10014550939
In a labor market model with cheap talk, employers can send messages about their willingness to pay for higher-ability workers, which job-seekers can use to direct their search and tailor their wage bid. Introducing such messages leads—under certain conditions—to an informative separating...
Persistent link: https://www.econbiz.de/10014556614
The productivity of Indonesian agri-food, especially rice, has been declining over the last decade. A decreasing emphasis on technology innovation and dissemination has been cited as a possible cause of this problem. Information and communication technologies (ICTs) can play a crucial role in...
Persistent link: https://www.econbiz.de/10015051869
We present key results from the 2023 Methods-of-Payment (MOP) Survey, including updated payment shares based on a three-day shopping diary. Results show that measures of cash management and use have remained fairly stable since 2020, along with the estimated share of payments made online. In...
Persistent link: https://www.econbiz.de/10015051884
Dairycalf welfare is receiving increasing public attention. To ensure optimal practices, farmers need to engage and be mindful of unethical behavior. However, avoiding information on animal welfare is common and often driven by willful ignorance. We conduct an exploratory analysis on survey data...
Persistent link: https://www.econbiz.de/10015053866
This paper investigates the value of recommendations for disseminating economic information, with a focus on frictions resulting from preference heterogeneity. We consider Bayesian expected-payoff maximizers who receive non-strategic recommendations by other consumers. The paper provides...
Persistent link: https://www.econbiz.de/10015051633
Facing climate change, seasonal forecasts, and weather warnings are increasingly important to warn the public of the risk of extreme climate conditions. However, being confronted with inaccurate forecast systems may undermine individuals' responsiveness in the long run. Using an online...
Persistent link: https://www.econbiz.de/10015053857