This paper investigates the different effects of competition and securitization on US bank efficiency between 2001 and 2019. Using Propensity Score Matching (PSM) and a two-step dynamic Generalized Method of Moments (GMM) estimation, we find that higher securitization increases banks’ cost...

The provision of social incentives in the workplace, where performance benefits a charitable cause, has been frequently used in modern organizations. In this paper, we quantify the impact of social incentives on performance under two incentive schemes: piece rate and a winner-take-all...

Previous research has drawn attention primarily to digital consumer platforms, yet ignoring the specificities of industrial settings. Hence, existing research findings may fall short regarding Industrial Internet-of-Things Platforms (IIoTP), leading to an incomplete understanding of digital...

We study personalized pricing (or first-degree price discrimination) in a general oligopoly model. In the short-run, when the market structure is fixed, the impact of personalized pricing hinges on the degree of market coverage (i.e., how many consumers buy). If coverage is high (e.g., because...

For centuries, European history was characterized by a fundamental asymmetry. While interpolity relations on the continent were often relatively balanced—without any dominant power being able to permanently establish a hierarchical relationship to the other major powers—the relations between...

In order to maintain the function of a decentralized financial system like Bitcoin, transaction fees are offered to engage miners in the transaction confirmation process. This paper investigates the effect of miner competition on the equilibrium transaction fees. We develop a game-theoretic...

The paper aims to discuss the competition issues in the aviation sector within the Indian jurisdiction. The paper seeks to address various entry barriers (price of fuel, Landing slots, Boarding gates etc) to the airline industry. Further, it discusses the predominant issue of cartel behavior and...

Problem definition: The success of a gig platform is crucially driven by its ability to retain service providers. However, gig workers are independent contractors whose working schedules are not fully controlled by the platform. To overcome this challenge, gig platforms have commonly relied on...

This study examines the policy effects adopted by the Ministry of Education, Culture, Sports, Science and Technology (MEXT), the regulatory authority, on Japanese higher education, the university. It analyze using data to analyse the effects of both regional development and the improvement of...