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Growth challenges for the business services industry - international comparison and policy issues

Kox, Henk L.M. - EconWPA - 2003

This report summarises the findings of a study on the growth factors and growth prospects of the business services (BS)industry, applying an internationally comparative perspective. The report untangles factors behind the extraordinary growth of the BS industry during last decade,comparing it...

Persistent link: https://www.econbiz.de/10005134465

The Inequality of Influence

Hellman, Joel; Kaufmann, Daniel - EconWPA - 2003

resulting inequality as crony bias in the political system that can be measured at both the firm and country level. We examine … the impact of crony bias at both the firm and country levels on three indicators of institutional subversion: 1 … ultimately affects the behavior of firms towards those institutions. Crony bias at both the firm and the country levels is …

Persistent link: https://www.econbiz.de/10005407672

Far From Home: Do Foreign Investors Import Higher Standards of Governance in Transition Economies?

Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel - EconWPA - 2003

Based on the Business Environment and Enterprise Performance Survey (BEEPS) of firms in transition countries, which unbundles corruption to measure different types of corrupt transactions and provide detailed information on the characteristics and performance of firms, we find that: i)...

Persistent link: https://www.econbiz.de/10005407674

Is Perfect Price Discrimination Really Efficient? An Analysis of Free Entry Equilibria

Bhaskar, V.; To, Ted - EconWPA - 2000

We analyze models of product differentiation with perfect price discrimination and free entry. Although perfect price discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the choice of product characteristics. More...

Persistent link: https://www.econbiz.de/10005076900

Structure, Behavior, and Market Power in an Evolutionary Labor Market with Adaptive Search

Tesfatsion, Leigh - EconWPA - 2000

This study uses an agent-based computational labor market framework to experimentally study the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to potential work offers, and job concentration is measured by...

Persistent link: https://www.econbiz.de/10005561498

Hysteresis in an Evolutionary Labor Market with Adaptive Search

Tesfatsion, Leigh - EconWPA - 2000

This study undertakes a systematic experimental investigation of hysteresis (path dependency) in an agent-based computational labor market framework. It is shown that capacity asymmetries between work suppliers and employers can result in two distinct hysteresis effects, network and behavioral,...

Persistent link: https://www.econbiz.de/10005561506

Market Power and Efficiency in a Computational Electricity Market with Discriminatory Double-Auction Pricing

Nicolaisen, James; Petrov, Valentin; Tesfatsion, Leigh - EconWPA - 2000

This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is determined by means of a clearinghouse double auction...

Persistent link: https://www.econbiz.de/10005412999

Workplace location and travel effects from teleworking

Lim, H.N. - EconWPA - 2002

Travel time losses in the Netherlands are likely to get worse in the years ahead if capacity is not added to cope with the demand. This particularly creates problems for business travel, which is characterized by a high “value of time”. In the Netherlands, policy makers have a long-standing...

Persistent link: https://www.econbiz.de/10005408329

Cognitive Uncertainty in Games - A Note on Limited Information Processing and Backward Induction

Clausing, Thorsten - EconWPA - 2000

A notion of cognitive uncertainty is introduced as an agent's uncertainty about the validity of the results of his own information processing. In order to analyze this notion, a formal model of the agent's information processing is presented. It is shown how cognitive uncertainty may prevent a...

Persistent link: https://www.econbiz.de/10005118647

Personal Income Tax Reform and Revenue Potential in Transition

Bogetic, Zeljko; Hassan, Fareed - EconWPA - 2005

The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can benefit from a much lower and simpler income tax rate...

Persistent link: https://www.econbiz.de/10005560954

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