Results 131 to 140 of about 63,609 (288)

Search and Competition in Expert Markets

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT We analyze a model where consumers sequentially search experts for treatment recommendations and prices, facing either zero or a positive search cost, whereas experts simultaneously compete in these two dimensions. In equilibrium, experts may “cheat” by overstating the severity of a consumer's problem and recommending an unnecessary treatment,
Yiran Cao   +3 more
wiley   +1 more source

Full Discretion is Inevitable

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT This article studies a dynamic project‐selection game between a Principal and an Agent with conflicting interests. Only the Agent knows what projects are feasible. In each period before a project is selected, the Principal imposes a restriction set. The Agent can select any feasible project within this set, thereby ending the game.
Wenhao Li
wiley   +1 more source

Audit Quality From a Service Perspective: A Systematic Literature Review

open access: yesAccounting Perspectives, EarlyView.
ABSTRACT Audit quality is a multidimensional and latent construct that researchers struggle to evaluate and interpret. This paper follows an interdisciplinary approach by systematically reviewing the literature on audit quality evaluation from a service quality perspective.
Lise Muriel Botha   +3 more
wiley   +1 more source

Measuring the time‐varying market efficiency in the prewar and wartime Japanese stock market, 1924–1943

open access: yesAsia‐Pacific Economic History Review, Volume 65, Issue 1, Page 131-159, March 2025.
Abstract This study examines the adaptive market hypothesis in the prewar and wartime Japanese stock market using a new market capitalization‐weighted price index. First, we find that the degree of market efficiency varies over time and with major historical events. This implies that the hypothesis is supported in this market.
Kenichi Hirayama, Akihiko Noda
wiley   +1 more source

Farmers' pro‐social motivations and willingness‐to‐accept in markets with public goods

open access: yesAmerican Journal of Agricultural Economics, EarlyView.
Abstract To explain how some farmers' decisions may diverge from profit‐maximization, we incorporate proactive social preferences for public goods in an expected utility framework, in addition to reactive risk preferences to uncertainty. We offer empirical evidence that proactive preferences influence farmers' decisions alongside reactive preferences ...
Jill Fitzsimmons   +2 more
wiley   +1 more source

PUTTING THE "ECON" INTO ECONOMETRICS [PDF]

open access: yes
Should econometricians always incorporate economic theory in their models or only when unrestricted estimators are found to violate an inviolable theory?
Dorfman, Jeffrey H.   +1 more
core   +1 more source

Understanding cooperative membership and maize market participation in Rwanda: A Bayesian triple‐hurdle analysis

open access: yesAnnals of Public and Cooperative Economics, EarlyView.
Abstract Smallholder market participation studies often focus narrowly on selling decisions, overlooking the institutional role of agricultural cooperatives, particularly in contexts like Rwanda, where cooperatives underpin agricultural policy. Consequently, empirical evidence on how cooperative membership shapes farmers’ commercialization across ...
John N. Ng'ombe   +3 more
wiley   +1 more source

Parents' legal status and children's health insurance: Evidence from DACA

open access: yesContemporary Economic Policy, EarlyView.
Abstract Fear of immigration enforcement may deter undocumented parents from enrolling their US‐born children in public health insurance. This paper examines the effect of providing legal status to parents through the Deferred Action for Childhood Arrivals (DACA) program on health insurance among US‐born children.
Nhan Tran
wiley   +1 more source

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

open access: yesEconomic Inquiry, EarlyView.
Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley   +1 more source

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