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Frey, Bruno S.; Osterloh, Margit - 2016

Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized, as they seemingly do not guarantee that all parts of the population have an adequate voice in the established political process. We suggest invigorating an old but nearly...

Persistent link: https://www.econbiz.de/10011571480

A probability approach to pharmaceutical demand and price setting : does the identity of the third-party payer matters for prescribing doctors?

Dalen, Dag Morten; Locatelli Biey, Marilena; Sorisio, Enrico - 2011

natural policy experiment in Norway, to what extent the price responsiveness of prescription choices is affected when the … structural model for the three drugs, covering demand and price setting, is estimated in a joint maximum likelihood approach. We …

Persistent link: https://www.econbiz.de/10009377790

A market for connections

Miettinen, Topi; Poutvaara, Panu - 2012

Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are delegated to decide upon. Even if bribing is ruled out,...

Persistent link: https://www.econbiz.de/10009535107

Supply function competition, private information, and market power : a laboratory study

Bayona, Anna; Brandts, Jordi; Vives, Xavier - 2016

In the context of supply function competition with private information, we test in the laboratory whether - as predicted in Bayesian equilibrium - costs that are positively correlated lead to steeper supply functions and less competitive outcomes than do uncorrelated costs. We find that the...

Persistent link: https://www.econbiz.de/10011509449

Welfare implications of supplier encroachment with consumer shopping costs

Caprice, Stéphane; Shekhar, Shiva - 2025

In this paper, we study supplier encroachment in competition with multi-product retailers and its effects on retail … retailer profits, as the retailer benefits from better consumer segmentation and price discrimination despite (weakly) higher … wholesale prices. The effect of encroachment on consumers is more nuanced: when the competitive product's value is high …

Persistent link: https://www.econbiz.de/10015339842

Where to look for the morals in markets?

Sutter, Matthias; Huber, Jürgen; Kirchler, Michael; … - 2016

competitiveness. While markets have been considered as detrimental for moral behavior, it has turned out a challenging task to …

Persistent link: https://www.econbiz.de/10011515418

Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences

Brakman, Steven; Marrewijk, Charles van; … - 2009

efficient firms are active. This is likely to lead to price increases, rather than decreases. …

Persistent link: https://www.econbiz.de/10003857130

Silent interests and all-pay auctions/ Kai A. Konrad

Konrad, Kai A. (contributor) - 2005

involved in the ownership relationship but without these negative efficiency effects. …

Persistent link: https://www.econbiz.de/10002856729

Inefficient group organization as optimal adaption to dominant environments

Kolmar, Martin; Wagener, Andreas - 2010

Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...

Persistent link: https://www.econbiz.de/10008653415

Highway to economic growth? : competition in public works tenders in the Democratic Republic of Congo

Galletta, Sergio; Jametti, Mario; Redonda, Agustin - 2012

The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of...

Persistent link: https://www.econbiz.de/10009689522