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Managers, administrators of research institutions, and policy makers need a greater understanding of the factors that drive return migration decisions of foreign STEM (science, technology, engineering, and mathematics) doctoral graduates of U.S. universities. To address this need, we conducted a...
Persistent link: https://www.econbiz.de/10014044305
We analyze price and quality competition in a vertically differentiated duopoly in which consumers have a preference for variety. The variety-seeking preferences are a consequence of diminishing marginal utility for repeated consumption experiences of the same product. We find that...
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This paper presents five empirical tests of the popular modeling abstraction that assumes bids from online auctions with proxy bidding can be analyzed “as if” they were bids from a second price sealed-bid auction. The tests rely on observations of the magnitudes and timings of the top two...
Persistent link: https://www.econbiz.de/10014048173
This paper models sequential auctioning of two perfect substitutes by a strategic seller, who learns about demand from the first-auction price. The seller holds the second auction only when the remaining demand is strong enough to cover her opportunity cost. Bidding in anticipation of such a...
Persistent link: https://www.econbiz.de/10014222889
We examine the effect of a U.S. Supreme Court decision regarding abortion laws on Americans’ preferences for political candidates. The decision was leaked in advance of the official announcement, and we track the evolution of political preferences from before the leak to after the leak, and...
Persistent link: https://www.econbiz.de/10014077036
Driven by the low transaction costs and interactive nature of the internet, customer participation in the price-setting process has increased. Today, platforms such as eBay have popularized online auctions on a global scale, Priceline has made headlines with its name-your-own-price (NYOP)...
Persistent link: https://www.econbiz.de/10012963717