One reason for firms to voluntarily increase their environmental or social production standards is to prevent consumers from lobbying for stricter mandatory standards. In this sense, voluntary overcompliance serves as a Greek gift, as consumers might be worse off in the end. Strategically, a...

4 Z3 4 Fraunhofer-Institut für System- und Innovationsforschung ISI ISI-Schriftenreihe »Innovationspotenziale« Marianne Kulicke, Carsten Becker, Herbert Berteit, Miriam Hufnagl, Tim Grebe, Matthias Kirbach, Tasso Brandt, Thorsten Lübbers Evaluierung des Programmstarts und der...

Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows sellers to post prices at which buyers can purchase a...

In this paper we introduce a new type of experiment that combines the advantages of lab and field experiments. The experiment is conducted in the lab but using an unchanged market environment from the real world. Moreover, a subset of the standard subject pool is used, containing those subjects...

This paper evaluates how R&D subsidies to the business sector are typically awarded. We identify two sources of ineffciency: the selection based on a ranking of individual projects, rather than complete allocations, and the failure to induce competition among applicants in order to extract and...

Der Berufspsychologische Service (BPS) der Bundesagentur für Arbeit hat vier neue Dienstleistungen zur Kompetenzfeststellung (K-DL) entwickelt, die den Vermittlungs- und Integrationsfachkräften der Agenturen für Arbeit und Jobcentern in Form der gemeinsamen Einrichtungen (gE) zur...

In eBay s Buy-it-Now auctions sellers can post prices at which buyers can purchase a good prior to an auction. We study how sellers set Buy-it-Now prices when buyers have independent private values for a single object for sale. We test the predictions of a model by combining the real auction...

We study experimentally the effect of bargaining power in sequential trading mechanisms that offer the possibility to trade at a fixed price before an auction. In the "Buy-It-Now" format, the seller offers a price prior to the auction; whereas in the "Sell-It-No" format, it is the buyer. Both...