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right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D:4D has been … bidding or profits. Yet, our study raises an issue of ethnic differences with respect to 2D:4D. …
Persistent link: https://www.econbiz.de/10010282073
D) of the right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D … correlation between 2D:4D on either bidding or profits. However, there might be racial differences in the correlation between 2D:4 …D and bidding and profits. …
Persistent link: https://www.econbiz.de/10010282098
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we collected information on the female participants' menstrual cycles. We find that women bid significantly higher than men in their menstrual and premenstrual phase but do not bid...
Persistent link: https://www.econbiz.de/10010282099
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 participants, we collected information on the female participants' menstrual cycles and the use of hormonal contraceptives. We find that naturally cycling women bid significantly...
Persistent link: https://www.econbiz.de/10010282102
projects. We find that the potential for longer-term relationships increases banks' preference for screening. This is because … screening provides information that can be used in evaluating future projects as well as the current ones. …
Persistent link: https://www.econbiz.de/10012143806
screening effort leads to unobservably higher-quality loans that are also sold with a longer delay. …In dynamic models of asset markets with asymmetric information and endogenous screening, the anticipation of signaling … positive relationship between screening effort and the delay of sale. We test this theoretical prediction using the mortgage …
Persistent link: https://www.econbiz.de/10015394122
This paper studies strategies pursued by banks in order to differentiate their services and soften competition. More specifically we analyse whether bank's ability to avoid losses, its capital ratio, or bank size can be used as strategic variables to make banks different and increase the...
Persistent link: https://www.econbiz.de/10012143586
We introduce a model analyzing how asymmetric information problems in a bank-loan market may evolve over the age of a borrowing firm. The model predicts a life-cycle pattern for banks' interest rate markup. Young firms pay a low or negative markup, thereafter the markup increases until it falls...
Persistent link: https://www.econbiz.de/10012143644
We derive empirical implications from a stylized theoretical model of bankborrower relationships. Banks' interest rate markups are predicted to follow a life-cycle pattern over the borrowing firms' age. Due to endogenous bank monitoring by competing banks, borrowing firms initially face a low...
Persistent link: https://www.econbiz.de/10012143669
Every year over 20 states offer sales tax holidays (STHs) on specific items like clothes, shoes and other items to encourage consumption, effecting over 100 million consumers. We use a unique dataset of credit cards transaction to study the spending response to these holidays. Using a...
Persistent link: https://www.econbiz.de/10010292191