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A standard justification for state intervention and regulation is the market failure known as public goods. Assuming the private market cannot appropriately react to the true demand for public goods, the regulator must decide which goods to supply and in what quantity. A regulator wishing to...
Persistent link: https://www.econbiz.de/10014219707
Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...
Persistent link: https://www.econbiz.de/10012963854
The research aim of this study was to explore brand manufacturers' perceived value of the 'triple pole' approach in bargaining for vertical cooperative sales promotion campaigns. Our research intention was to test seven (7) research hypotheses based on a survey (pilot study) of 32 marketing,...
Persistent link: https://www.econbiz.de/10013099694
We conducted an experiment on the nature of income sharing within 95 established couples in Germany. In a first step, the partners revealed their individual preferences by making consumption choices independently. In a second step, decisions were taken jointly over five different rounds with...
Persistent link: https://www.econbiz.de/10010491099
Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...
Persistent link: https://www.econbiz.de/10011602758
Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...
Persistent link: https://www.econbiz.de/10011607542
Pricing of IT products often becomes a huge challenge for most managers of product development teams, especially if the product is new to the specific category. This challenge arises since the potential clients on being contacted seldom is able calculate the returns on his investment on the...
Persistent link: https://www.econbiz.de/10012707406
In this chapter, I argue that to build an appropriate framework for understanding collaborative consumption in its contemporary form, we need to consider the deep and nuanced literature on human cooperation as well as work specific to modern sharing systems. Though it is beyond the scope of this...
Persistent link: https://www.econbiz.de/10014129729
This paper introduces a process of individual adjustment based on private local experiences and observation that allows for the emergence of a global social structure that is the equilibrium to the static follow-the-leader game of Goldbaum (2013). The setting rewards agents for being early...
Persistent link: https://www.econbiz.de/10014037989
allocate the cost savings obtained by ordering the jobs optimally? In this paper, PFS games are defined as cooperative games … associated to proportionate flow shop problems. It is seen that PFS games have a nonempty core. Moreover, it is shown that PFS … games are convex if the jobs are initially ordered in decreasing urgency. For this case an explicit expression for the …
Persistent link: https://www.econbiz.de/10014056823