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Would You Like to Be a Prosumer? Information Revelation, Personalization and Price Discrimination in Electronic Markets

Bandulet, Martin; Morasch, Karl - 2003

Electronic commerce and flexible manufacturing allow personalization of initially standardized products at low cost. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of information revealed, we analyse how his decision...

Persistent link: https://www.econbiz.de/10010270920

Entrepreneurial human Capital, complementary assets, and takeover probability

Braun, Thorsten V.; Krispin, Sebastian; Lehmann, Erik E. - 2009

firm's assets in the spirit of the Grossman-Hart-Moore incomplete contracts theory of the firm. This approach highlights …

Persistent link: https://www.econbiz.de/10010271448

The economics of regional demarcation in banking

Raab, Simone; Welzel, Peter - 2010

Cooperation among savings and cooperative banks was criticized by the European Commission because of potentially anti-competitive effects. In an industrial economics model of banks taking deposits and giving loans we look at regional demarcation as one of such cooperative practices. There are...

Persistent link: https://www.econbiz.de/10010271449

A further note on a new class of solutions to dynamic programming problems arising in economic growth

Antony, Jürgen; Maußner, Alfred - 2008

This note extends the finding of Benhabib and Rusticchini (1994) who provide a class of SDGE models, whose solution is characterized by a constant savings rate. We show that this class of models may be interpreted as a standard representative agent SDGE model with costly adjustment of capital...

Persistent link: https://www.econbiz.de/10010275810

Market dynamics, dynamic resource management and environmental policy in the context of (strong) sustainability

Klarl, Torben - 2010

In this paper, we investigate the relationship between market dynamics, dynamic resource management and environmental policy. In contrast to static market entry games, this paper draws attention to the effects of market dynamics on resource dynamics et vice versa, because (1) we show that...

Persistent link: https://www.econbiz.de/10010291746

Regulation, credit risk transfer, and bank lending

Pausch, Thilo; Welzel, Peter - 2011

behavior and risk sensitivity of a risk-neutral bank. The bank is exposed to credit risk and may use credit default swaps (CDS …) for hedging purposes. Regulation is found to induce the risk-neutral bank to behave in a more risk-sensitive way: Compared … trading is found to interact with the former effect when regulation accepts CDS as an instrument to mitigate credit risk …

Persistent link: https://www.econbiz.de/10010291748

Policy diffusion in a simple Stackelberg game

Michaelis, Peter; Ziesemer, Thomas - 2010

Strategic environmental policy games are usually based on simultaneous decision making and reach the conclusion that the policy choices are strategic substitutes. Empirical evidence, however, shows that the introduction of a regulatory instrument usually follows a consecutive pattern that is...

Persistent link: https://www.econbiz.de/10010291749

The analytics of New Keynesian Phillips curves

Maußner, Alfred - 2010

This paper introduces the reader into the apparatus behind the popular New Keynesian Phillips (NKPC) curve. It derives several log-linear versions of this curve and recursive formulations of the Calvo-Yun price staggeringmodel that is behind this curve. These formulations can be used for...

Persistent link: https://www.econbiz.de/10010291750

Foundational economy and foundational politics

Earle, Joe; Froud, Julie; Johal, Sukhdev; Williams, Karel - In: Welsh Economic Review (WER) 26 (2018), pp. 38-45

Persistent link: https://www.econbiz.de/10015334863

Theorien sozialer Strukturen : Ansätze und Probleme

Blau, Peter Michael (ed.); Stehr, Nico (contributor) - 1978 - 1. Aufl.

Persistent link: https://www.econbiz.de/10000065203