market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand … case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …

A recent debate raises the question whether market interaction erodes social responsibility. In an experiment, we … disentangle three major characteristics of market interaction, diffusion of responsibility, social information, and market framing … larger extent if the economic transaction is framed as a market. In contrast, social information increases social …

be explained by labor market constraints among the low skilled and underemployment among low-educated single mothers … work preferences and the extent to which actual choices are constrained on the labor market …

In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of … buyer is the efficient outcome if and only if meetings are bilateral. In contrast, a single market with all agents is …

It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure … with one part of it being competitive to the formal sector and another part being the result of market segmentation. To … results for the urban labor market in Côte d'Ivoire indeed show existence of both competitive and segmented employment in the …

this fact, we develop a two-stage wage-posting game with market imperfections and segmented markets, the solution to which … potentially affect the magnitude of the firm-size wage gaps. The second explanation features a market-based framework with …