Search Results - isPartOf:"Working Paper Series in Economics"

Grönqvist, Erik (contributor) - 2006

, �Does Adverse Selection Matter? Evidence from a Natural Experi- ment�SSE/EFI Working Paper Series in Economics and Finance …(M)oral Hazard? Erik Gr�nqvist Stockholm School of Economics November, 2006 SSE/EFI Working Paper Series in … Economics and Finance No. 642 Abstract Would you go to the dentist more often if it were free? Observational data is here used …

Persistent link: https://www.econbiz.de/10003393203

Endogenous noise traders

Salomonsson, Marcus (contributor) - 2006

ENDOGENOUS NOISE TRADERS Marcus Salomonsson SSE/EFI Working Paper Series in Economics and Finance No 644 December 5 …

Persistent link: https://www.econbiz.de/10003393205

Efficiency, communication and honesty

DeMichelis, Stefano (contributor); … - 2006 - First draft February 1, 2006, This version: November 28, 2006

We here develop a model of pre-play communication that generalizes the cheap-talk approach by allowing players to have a lexicographic preference, second to the payoffs in the underlying game, for honesty. We formalize this by way of an honesty (or truth) correspondence between actions and...

Persistent link: https://www.econbiz.de/10003393210

Price competition and convex costs

Weibull, Jörgen W. (contributor) - 2006 - Rev. February 23, 2006

PRICE COMPETITION AND CONVEX COSTS Jörgen W. Weibull ∗ SSE/EFI Working Paper Series in Economics and Finance No 622 …

Persistent link: https://www.econbiz.de/10003279425

The market for melons : Cournot competition with unobserval qualities

Argenton, Cédric (contributor) - 2006 - Rev. version December 2005

Two firms produce different qualities at possibly different, constant marginal costs. They compete in quantities on a market where buyers only observe the average quality supplied. The model is a generalization of the standard Cournot duopoly, which corresponds to the special case where the two...

Persistent link: https://www.econbiz.de/10003254850

Producers bargaining over a quality standard

Argenton, Cédric (contributor) - 2006 - Rev. May 8, 2006

We study an asymmetric information model in which two firms are active on a market where buyers only observe the average quality supplied. Quantities and cost structures are exogenously given and firms compete in quality. Before choosing their qualities, they bargain over a perfectly enforcable...

Persistent link: https://www.econbiz.de/10003254854

The evolution of top incomes in an egalitarian society : Sweden, 1903 - 2004

Roine, Jesper (contributor); … - 2006

Waldenström g SSE/EFI Working Paper Series in Economics and Finance No. 625 April 6, 2006 Abstract: This study …

Persistent link: https://www.econbiz.de/10003307327

Regulierung des Netzmonopolisten durch Verbot von Peak-load Pricing?

Korunig, Jens (contributor) - 2006

University of Lüneburg Working Paper Series in Economics No. 36 …

Persistent link: https://www.econbiz.de/10003405222

Systemic risk spillovers in the European banking and sovereign network

Betz, Frank; Hautsch, Nikolaus; Peltonen, Tuomas A.; … - 2016

We propose a framework for estimating time-varying systemic risk contributions that is applicable to a high-dimensional and interconnected financial system. Tail risk dependencies and systemic risk contributions are estimated using a penalized two-stage fixed-effects quantile approach, which...

Persistent link: https://www.econbiz.de/10011414985

Beyond dimension two: A test for higher-order tail risk

Bormann, Carsten; Schaumburg, Julia; Schienle, Melanie - 2016

In practice, multivariate dependencies between extreme risks are often only assessed in a pairwise way. We propose a test for detecting situations when such pairwise measures are inadequate and give incomplete results. This occurs when a significant portion of the multivariate dependence...

Persistent link: https://www.econbiz.de/10011414987