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Assortative matching by lottery contests

Cohen, Chen; Rabi, Ishay; Sela, Aner - In: Games 13 (2022) 5, pp. 1-20

We study two-sided matching contests with two sets, A and B, each of which includes a finite number of heterogeneous …

Persistent link: https://www.econbiz.de/10014418053

The political economy of Kazakhstan : a case of good economics, bad politics?

Commander, Simon; Prieskienyte, Ruta - In: Russian journal of economics 8 (2022) 2, pp. 122-158

investment? Can "good economics" somehow offset the effects of "bad" politics? Kazakhstan is a case where an autocratic regime … has actively projected market-friendly policies and attracted significant amounts of incoming investment. These policies … investment disputes that question the attachment to the rule of law. Moreover, the political regime has remained strongly …

Persistent link: https://www.econbiz.de/10015394232

The political economy of stranded assets : climate policies, investments and the role of elections

Hagen, Achim; Kollenbach, Gilbert - 2024

model, where elections determine carbon taxation and green investment subsidies, and individuals make investments into … carbon taxation and energy generation completely relies on renewables in the latter case. Green investment subsidies can be … probability, we show that this party can also use investment subsidies strategically to influence the elections. The party that …

Persistent link: https://www.econbiz.de/10014486660

Experimentation in organizations

Moroni, Sofia - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 3, pp. 1403-1450

We consider a moral hazard problem in which a principal provides incentives to a team of agents to work on a risky project. The project consists of two milestones of unknown feasibility. While working unsuccessfully, the agents' private beliefs regarding the feasibility of the project decline....

Persistent link: https://www.econbiz.de/10013327131

Conflicts with momentum

Boudreau, James W.; Mathews, Timothy; Sanders, Shane; … - In: Games 13 (2022) 1, pp. 1-12

more rent-dissipative than innate/uncontestable advantage. Therefore, Pyrrhic victories should be more common for contests …

Persistent link: https://www.econbiz.de/10013171901

Asymmetric all-pay auctions with spillovers

Betto, Maria; Thomas, Matthew W. - In: Theoretical economics : TE ; an open access journal in … 19 (2024) 1, pp. 169-206

When opposing parties compete for a prize, the sunk effort players exert during the conflict can affect the value of the winner's reward. These spillovers can have substantial influence on the equilibrium behavior of participants in applications such as lobbying, warfare, labor tournaments,...

Persistent link: https://www.econbiz.de/10014468067

Gebotskostenförderung in Windenergie-Auktionen

Wauer, Niels; Lehmann, Paul; Maurer, Christoph - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 103 (2023) 2, pp. 112-117

Deutschland steht vor der Herausforderung sich zügig aus der Abhängigkeit der fossilen Energien zu lösen. Dazu ist ein umfassender Umbau des Energiesystems notwendig. Die Windenergie an Land gehört zu den wichtigsten Erzeugungsquellen, die in großem Maßstab entwickelt werden müssen, um...

Persistent link: https://www.econbiz.de/10014233711

Reconciliaciones y estrategias de oferta en el mercado mayorista de electricidad de Colombia

Carabalí, Jaime; Pérez, Alex; Meneses Cerón, Luis Ángel - In: Revista de métodos cuantitativos para la economía y … 35 (2023), pp. 57-79

In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...

Persistent link: https://www.econbiz.de/10014340297

Optimierung des Verhandlungsgebots auf dem Telekommunikationsmarkt

Gretschko, Vitali; Ockenfels, Axel; Wambach, Achim - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 104 (2024) 11, pp. 794-799

The Federal Network Agency plans to extend the frequency usage rights of the established mobile network operators until 2030, combined with a negotiation requirement for 1&1's access to frequencies below 1 GHz. This analysis identifies key weaknesses of the negotiation bid: lack of clarity...

Persistent link: https://www.econbiz.de/10015164404

(Mal-)practices of auctioneering on the English property market during the 19th century

Fasold, Stephan - In: Jahrbuch für Wirtschaftsgeschichte 63 (2022) 1, pp. 55-81

In the 19 th century, auctions became a widespread form of transaction for real estate in England. Contemporaries viewed auctioning as an effective method for the transaction of land, in terms of price determination and transparency. Contrary to these theoretical assumptions, the article shows...

Persistent link: https://www.econbiz.de/10013262919