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The Effect of Deceptive Advertising on Consumption of the Advertised Good and its Substitutes: The Case of Over-the-Counter Weight Loss Products

Cawley, John; Avery, Rosemary; Eisenberg, Matthew - Institute for the Study of Labor (IZA) - 2013

This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised … advertising is rampant and products are generally ineffective with potentially serious side effects. We control for the targeting … exposure to deceptive advertising is associated with a lower probability that women, and a higher probability that men, consume …

Persistent link: https://www.econbiz.de/10010630728

Men Vote in Mars, Women Vote in Venus: A Survey Experiment in the Field

Galasso, Vincenzo; Nannicini, Tommaso - Institute for the Study of Labor (IZA) - 2013

of a bundle of advertising tools (videos, texts, slogans). Stark gender differences emerge. Negative advertising … reconcile the conflicting evidence on the effect of negative vs. positive advertising, as the average impact may wash out when …

Persistent link: https://www.econbiz.de/10010700692

Paintings and Numbers: An Econometric Investigation of Sales Rates, Prices and Returns in Latin American Art Auctions

Campos, Nauro F.; Leite Barbosa, Renata - Institute for the Study of Labor (IZA) - 2008

This paper uses a unique data set of Latin American paintings auctioned by Sotheby's between 1995 and 2002 to investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the provenance of the artwork, omitted variables in most...

Persistent link: https://www.econbiz.de/10005566449

The Economics of College Sports: Cartel Behavior vs. Amateurism

Kahn, Lawrence M. - Institute for the Study of Labor (IZA) - 2006

This paper studies intercollegiate athletics in the context of the theory of cartels. Some point to explicit attempts by the National Collegiate Athletic Association (NCAA) to restrict output and payments for factors of production as evidence of cartel behavior. Others argue that such limits...

Persistent link: https://www.econbiz.de/10005566657

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005762377

When the Baby Cries at Night: Inelastic Buyers in Non-Competitive Markets

Calzolari, Giacomo; Ichino, Andrea; Manaresi, Francesco; … - Institute for the Study of Labor (IZA) - 2014

We investigate empirically how sellers react to changes in the population of their consumers, identifying the effects of demand composition and demand size with limited information on costs. We show how pharmacists in Italy selectively increase the price of some products when they observe in...

Persistent link: https://www.econbiz.de/10010959741

Product and Labor Market Imperfections and Scale Economies: Micro-Evidence on France, Japan and the Netherlands

Dobbelaere, Sabien; Kiyota, Kozo; Mairesse, Jacques - Institute for the Study of Labor (IZA) - 2013

Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of...

Persistent link: https://www.econbiz.de/10011276087

Temporary Contracts and Monopsony Power in the UK Labour Market

Tabasso, Domenico - Institute for the Study of Labor (IZA) - 2011

This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the labour market is directly questioned and a model is developed in which the labour market is...

Persistent link: https://www.econbiz.de/10009216292

Bonus Culture: Competitive Pay, Screening, and Multitasking

Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013

This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...

Persistent link: https://www.econbiz.de/10010635587

Learning of General Equilibrium Effects and the Unemployment Trap

Gersbach, Hans; Schniewind, Achim - Institute for the Study of Labor (IZA) - 2001

We examine wage bargaining when employers and labor unions do not always take all general equilibrium effects into account but learn a steady state. If agents do hardly consider general equilibrium effects, low real wages and low unemployment results. With an intermediate view, when partial...

Persistent link: https://www.econbiz.de/10005703472