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Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly,they are also applied in internet trading. In these auctions the lowest single (unique)bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize,bidding cost and...
Persistent link: https://www.econbiz.de/10005868395
services market with respect to comparison shopping. Overall, the results suggest thatissues like branding, trust, and retailer …
Persistent link: https://www.econbiz.de/10005868546
Persistent link: https://www.econbiz.de/10014288679
We provide the first quantitative synthesis of the literature on how financial markets react to the disclosure of financial crimes committed by listed firms. While consensus expects negative stock price returns, the exact size of the effect is far from clear. We survey 111 studies published over...
Persistent link: https://www.econbiz.de/10014307133
Persistent link: https://www.econbiz.de/10009501196
If a lack of trust causes investors to discount the information in accounting numbers, then the stock price will tend … to under-react to earnings surprises. Using survey measures of interpersonal trust across regions of the United States …, we find greater stock price reactions to earnings surprises for firms located in high trust regions. Their counterparts …
Persistent link: https://www.econbiz.de/10013044772
trust. Focusing on second generation immigrants in Australia and the United States, we exploit the variation in the home and … individual trust. Our results indicate that trust in the home country contributes to the trust of second generation immigrants in … crime rate, economic inequality, race inequality and segregation by country of origin, also affect trust. Evidence for first …
Persistent link: https://www.econbiz.de/10010293233
We examine gender differences in trust in another party's cooperation (CC) or its ability (AC). While men and women do … not differ concerning trust in cooperation, gender has a strong influence when trust in another subject's ability is …
Persistent link: https://www.econbiz.de/10010293426
This paper analyzes the effectiveness of social capital in reducing the negative externalities associated with stress, as well as the physical and psychological strain indicators among police officers. Despite the fact that there is a large multidisciplinary literature on stress or on social...
Persistent link: https://www.econbiz.de/10010294804
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise … to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert …
Persistent link: https://www.econbiz.de/10010294816