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Unionized Labor Market and Regulation of Monopoly
Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2009
In developing countries, empirical evidence suggests that labor unions entail a positive wage gap for unionized workers, in particular in monopolistic and publicly controlled firms. In this paper, we analyze how the presence of a labor union affects the regulation of a monopoly under asymmetric...
Persistent link: https://www.econbiz.de/10005089350
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Not so cheap talk: a model of advice with communication costs
Hertel, Jo; Smith, John - Volkswirtschaftliche Fakultät, … - 2009
identical for both sender and receiver. Additionally, the sender incurs a communication cost which is increasing in the … applied to the case where communication is costless but preferences diverge. Additionally, we model the competency of the … decreasing in the likelihood of the mistake. When the preferences between players diverge and when there are communication costs …
Persistent link: https://www.econbiz.de/10005109552
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Asymmetric information in the civil wars, the Colombian case
Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010
The aim of this paper is to interpret the relationships between information networks and the armed conflict in Colombia. Over a period of paramilitary violence networks of informants were used with a strategic purpose. In fact, the paramilitaries were preparing each slaughter counting...
Persistent link: https://www.econbiz.de/10009372512
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e-Communications: Investment and the Regulatory Framework
Jones, Siôn; Jones, Pau - Volkswirtschaftliche Fakultät, … - 2006
The EU regulatory framework for e-communications was adopted by the European Parliament and the Council in 2002, and became applicable from 2003. It has three primary objectives: (1) to promote competition; (2) to develop the single market; and (3) to promote citizens' rights. The European...
Persistent link: https://www.econbiz.de/10005789277
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On the fundamentals of winning virtuous strategies creation toward leveraged buyout transactions implementation during private equity investment in conditions of resonant absorption of discrete information in diffusion - type financial system with induced nonlinearities
Ledenyov, Dimitri O.; Ledenyov, Viktor O. - Volkswirtschaftliche Fakultät, … - 2014
The authors perform an original research on the fundamentals of winning virtuous strategies creation toward the leveraged buyout transactions implementation during the private equity investment in the conditions of the resonant absorption of discrete information in the diffusion - type financial...
Persistent link: https://www.econbiz.de/10011107335
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Modeling Health Insurance Choices in “Competitive” Markets
Keane, Michael - Volkswirtschaftliche Fakultät, … - 2004
This paper describes how state-of-the-art methods of choice modeling can be used to analyze consumer choice behavior in "competitive" health insurance markets. I use the insurance choices of senior citizens in the U.S. as an example. I then consider the issue of whether consumers benefit when we...
Persistent link: https://www.econbiz.de/10011108799
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Cross-Checking the Media
Rudiger, Jesper - Volkswirtschaftliche Fakultät, … - 2013
A characteristic of the news market is that consumers often cross-check information, i.e. observe several news outlets. At the same time, data on political media suggest that more partisan consumers are more likely to cross-check. We explore these phenomena by building a model of horizontal...
Persistent link: https://www.econbiz.de/10011109156
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Financial Experts, Asset Prices and Reputation
Rudiger, Jesper; Vigier, Adrien - Volkswirtschaftliche Fakultät, … - 2013
We analyze how financial experts influence asset prices in a sequential trading model. In the model, an expert of unknown ability sends a report about asset values to traders, who then observe a signal about the expert's type. All information about the expert's ability is private to traders and...
Persistent link: https://www.econbiz.de/10011110283
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On the fundamentals of winning virtuous strategies creation toward leveraged buyout transactions implementation during private equity investment in conditions of resonant absorption of discrete information in diffusion - type financial system with induced nonlinearities
Ledenyov, Dimitri O.; Ledenyov, Viktor O. - Volkswirtschaftliche Fakultät, … - 2014
The authors perform an original research on the fundamentals of winning virtuous strategies creation toward the leveraged buyout transactions implementation during the private equity investment in the conditions of the resonant absorption of discrete information in the diffusion - type financial...
Persistent link: https://www.econbiz.de/10011111186
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Do recruiters 'like' it? Online social networks and privacy in hiring: a pseudo-randomized experiment
Manant, Matthieu; Pajak, Serge; Soulié, Nicolas - Volkswirtschaftliche Fakultät, … - 2014
With the advance of online social networks, the screening of applicants during hiring can extend beyond the usual application material. Although browsing the online profile of an applicant raises ethical issues, this practice potentially improves the job matching, at virtually no cost to the...
Persistent link: https://www.econbiz.de/10011111752