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Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare …. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact …, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase …
Persistent link: https://www.econbiz.de/10011515418
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare …. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact …, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase …
Persistent link: https://www.econbiz.de/10011518078
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10011404392
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10011405188
There is a heated debate on whether markets erode social responsibility and moral behavior. However, it is a … challenging task to identify and measure moral behavior in markets. Based on a theoretical model, we examine in an experiment the … relation between trading volume, prices and moral behavior by setting up markets that either impose a negative externality on …
Persistent link: https://www.econbiz.de/10011924784
. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular … competition in platform markets. Second, we analyse competition policy issues and discuss how rules designed for standard markets …We propose an analysis of platform competition based on the academic literature with a view towards competition policy …
Persistent link: https://www.econbiz.de/10012258099
Persistent link: https://www.econbiz.de/10012250674
This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
Persistent link: https://www.econbiz.de/10011962798
Everyone remembers a plot where a disadvantaged individual facing the prospect of failure, spends more effort, turns around the game and wins unexpectedly. Most tournament theories, however, predict the opposite pattern and see the disadvantaged agent investing less effort. We show that 'turn...
Persistent link: https://www.econbiz.de/10011430528
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
Persistent link: https://www.econbiz.de/10011433008