This paper investigates the role of social trust in determining one's willingness to compete in math competitions in school, observing how competitive occupational choices often require higher quantitative skills. Using the data of the PISA test in math, the empirical results highlight that a...

The digital revolution has reinvigorated the discussion about the problem how to consider innovation in the application of competition law. This raises difficult questions about the relationship between competition and innovation as well as what kind of assessment concepts competition...

This paper introduces a new measure to capture dynamic losses for exporting firms on markets that exhibit hysteresis on the supply side. This new indicator quantifies dynamic losses caused by sunk adjustment costs in case of exchange rate fluctuations. While the standard procedure in welfare...

A recent series of papers has introduced a fresh perspective on the problem of the evolution of human cooperation by suggesting an amendment to the concept of cooperation itself: instead of thinking of cooperation as playing a particular strategy in a given game, usually C in the prisoner's...

Firms sometimes violate competition laws by agreeing on increases of list prices. The economic effects of such list price collusion are far from clear because the cartel firms might deviate secretly from the elevated prices by granting their customers discounts. This article presents case...

An information exchange between two producers selling independent products to the same retailer can have ambiguous effects on market efficiency and surplus. When a retailer's costs are unobservable the producers may have an incentive to communicate about their negotiations with that retailer. If...

Environmental policies are increasingly informed by behavioral economics insights. 'Green nudges' in particular have been suggested as a promising new tool to encourage consumers to act in an environmentally responsible way, such as choosing renewable energy sources or saving energy. While there...

This paper contributes to the economics of examination rules. We show how rational students reallocate their learning effort as a response to a charge for the second exam attempt, a cap on the maximum resit mark, an adjustment of the passing standard, a variation of the time span between two...

Cybercrime is typically profiled as a skill-intensive crime committed by educated, young criminals. This observation raises the controversial question of whether advanced knowledge and skills are a pull factor of cybercrime. In this paper, the linkage between e-skills and cybercrime is...

Many meta-regression analyses that synthesize estimates from primary studies have now been published in economics. Meta-regression models attempt to infer the presence of genuine empirical effects even if the authors of primary studies select statistically significant and theory-confirming...