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Multiple economic experiments suggest that the moral context of consumption and/or production influences willingness-to-pay and willingness-to-accept. Precisely how this influence should be modeled from a theoretical perspective, however, remains understudied. The prevailing view is that moral...
Persistent link: https://www.econbiz.de/10005416877
Conventional two-sided matching game is a one-period game. In this note, we contribute to the existing literature by examining a multi-period two-sided matching problem allowing for the possibility of a divorce. We assume that the matching game is played repeatedly and the payoff matrix changes...
Persistent link: https://www.econbiz.de/10005416899
the NCAA is serving a demand for team heterogeneity in selecting for the NCAA Men''s Basketball Tournament. …
Persistent link: https://www.econbiz.de/10005416923
structure of mean demand. This paper investigates the effect of aggregation on the magnitude of behavioral heterogeneity if we …
Persistent link: https://www.econbiz.de/10005416946
This note describes the effects on human capital formation of rank-order tournaments offering identical prizes to a given number of the ranked contestants. This compensation scheme is thought to resemble the selection processes in different areas of the public administration, particularly in...
Persistent link: https://www.econbiz.de/10011199676
Persistent link: https://www.econbiz.de/10011208225
A ranking over opportunity sets is justifiable if there exists a binary relation on the set of alternatives, such that one opportunity set is at least as good as the second, if and only if there exists at least one alternative in the first set which is at least as good as any alternative of the...
Persistent link: https://www.econbiz.de/10010891618
A frequently observed phenomenon in professional sports is apparent underpricing of tickets. The concept of social identity may explain this pricing behavior without giving up the assumption of profit-maximizing behavior. Repeated match attendance increases spectators' identification with the...
Persistent link: https://www.econbiz.de/10011039040
A frequently observed phenomenon in professional sports is apparent underpricing of tickets. The concept of social identity may explain this pricing behavior without giving up the assumption of profit-maximizing behavior. Repeated match attendance increases spectators' identification with the...
Persistent link: https://www.econbiz.de/10011039046
To extend the empirical research on Gibrat's law in developing countries, this article uses a linear-in-means model to test how inter-firm interactions can affect the growth of small manufacturing firms in Tunisia. More specifically, we distinguish between the effects of own firm's...
Persistent link: https://www.econbiz.de/10010747092