Results 71 to 80 of about 5,277,294 (228)

The Decentralization of Liquor Policies in Texas During the Post‐Prohibition Era

International Economic Review, EarlyView.
ABSTRACT We examine the decentralization of liquor policies in Texas during the Post‐Prohibition era using newly collected historical legislative roll call data. By combining these data with local referendum vote shares, we analyze both legislators' and constituents' preferences on liquor policy.
Andrew Arnold, Holger Sieg
wiley   +1 more source

Inter‐disciplinary perspectives on sustainability in machinery manufacturing

International Journal of Management Reviews, EarlyView.
Abstract Perspectives on economic, social and environmental sustainability in machinery manufacturing are changing. These are predominantly driven by increased consumer, firm and public knowledge on the importance of sustainability and the role that machinery manufacturers can play to achieve sustainability outcomes.
Oluwaseun E. Olabode, Eleni Zantidou, Olaide F. Olabode, Afolakemi A. Jedidiah, Simon Fletcher, Andrew Longstaff   +5 more
wiley   +1 more source

We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny, Tianchi Li, Michel Tolksdorf   +2 more
wiley   +1 more source

Incentive and Signaling Effects of Bonus Payments: An Experiment in a Company

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is limited as their use may signal the prevalence of free‐riding among employees. This paper tests this hypothesis with an artefactual field experiment that assigns managers and employees from a large company to stylized roles ...
Marvin Deversi, Lisa Spantig
wiley   +1 more source

Pure self-confirming equilibrium [PDF]

In a Self-Confirming Equilibrium (Fudenberg and Levine, 1993A) every player obtains partial information about other players' strategies and plays a best response to some conjecture which is consistent with his information.
Azrieli, Yaron
core  

Evidence Gathering Under Competitive and Noncompetitive Rewards

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT Reward schemes may affect not only agents' effort but also their incentives to gather information in order to reduce the riskiness of the productive activity. In a laboratory experiment using a novel task, we find that the relationship between incentives and evidence gathering depends critically on the availability of information about peers ...
Philip Brookins, Jennifer Brown, Dmitry Ryvkin   +2 more
wiley   +1 more source

Make or Buy Decisions and Data Sharing

The Journal of Industrial Economics, EarlyView.
ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley   +1 more source

On the existence of Nash equilibrium in electoral competition [PDF]

This paper generalizes previous existence results on unidimensional electoral competition, by extending the traditional two-party electoral game to the case where parties have mixed motivations, in the sense that they are interested in winning the ...
Alejandro Saporiti
core  

Lurking Patent Claims and Strategic Royalty Contracts

The Journal of Industrial Economics, EarlyView.
ABSTRACT This paper analyzes optimal licensing contracts when a licensee faces the risk of future infringement claims by unknown patent holders. In a setting where a noncompeting licensor contracts with a monopolistic manufacturer, fixed‐fee licensing is optimal absent such claims.
Jay Pil Choi
wiley   +1 more source

Privatization Under Political Ties

The Journal of Industrial Economics, EarlyView.
ABSTRACT I study a product differentiation model with endogenous entry where a politically connected public firm competes with a private one. Consumers are heterogeneous in their willingness to pay. I argue that—because of political ties—the public firm may mimic the preferences of the consumer with the median willingness to pay.
Matteo Broso
wiley   +1 more source