Showing 1 - 10 of 51
(OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night’s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …
Persistent link: https://www.econbiz.de/10005504667
This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions …. The data record all transactions between vessels and wholesalers that occur on local fish markets in France during the … year 2007. Spatial disparities in fish prices are sizable, even after fish quality, time, seller and buyer unobserved …
Persistent link: https://www.econbiz.de/10011083488
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10005036234
-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these … products. The high level of differentiation in the Fulton fish market and the institutional structure at the Fulton market has …
Persistent link: https://www.econbiz.de/10005136669
Trading relations in Vietnam's emerging private sector are shaped by two market frictions: the difficulty of locating …
Persistent link: https://www.econbiz.de/10005504446
Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence …
Persistent link: https://www.econbiz.de/10005014568
Using data from five waves of the Vietnam Household Living Standard Survey, we find evidence of significant urban …
Persistent link: https://www.econbiz.de/10008554227
This paper investigates how start-up firms in Vietnam operate in the face of two significant market frictions: a poorly …
Persistent link: https://www.econbiz.de/10005124318
Recent empirical work suggests a strong connection between the incentives money managers are offered and their risk … not only effort exertion but also risk taking behavior. The moral hazard problem with risk taking involves an incentive …-compatibility constraint on risk, which we characterize. We distinguish between one period and several periods. In the former case, under mild …
Persistent link: https://www.econbiz.de/10005504241
choice of performance measures and incentives depends on the agent’s knowledge, environmental risk, technological uncertainty …
Persistent link: https://www.econbiz.de/10005504471