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FUZZY PREFERENCES AND SOCIAL CHOICE*
In: Bulletin of economic research, Band 46, Heft 3, S. 263-269
ISSN: 1467-8586
Corruption in Organizations: Some General Formulations and (In-)Corruptibility Results
In: Homo oeconomicus: HOE ; journal of behavioral and institutional economics, Band 38, Heft 1-4, S. 49-57
ISSN: 2366-6161
Cultural differences between Tibetans and ethnic Han Chinese in ultimatum bargaining experiments
In: European Journal of Political Economy, Band 25, Heft 1, S. 78-84
Cultural differences between Tibetans and ethnic Han Chinese in ultimatum bargaining experiments
In: European journal of political economy, Band 25, Heft 1, S. 78-84
ISSN: 1873-5703
We compare ultimatum bargaining behaviour between Tibetans in Lhasa and ethnic Han Chinese in Xiamen with a focus on identifying how cultural traits and religious beliefs affect behaviour. A control group in Singapore was used to account for possible non-cultural explanations for the observed behavioural differences. It was found that, compared to Han Chinese, Tibetans are more likely to accept offers in the ultimatum game and that their decisions are unrelated to the actual offer size. [Copyright Elsevier B.V.]
Learning and incentive‐Compatible Mechanisms for Public Goods Provision: An Experimental Study
In: Journal of political economy, Band 106, Heft 3, S. 633-662
ISSN: 1537-534X
Learning and Incentive-Compatible Mechanisms for Public Goods Provision: An Experimental Study
In: Journal of political economy, Band 106, Heft 3, S. 633
ISSN: 0022-3808
A study of price evolution in online toy market
We study and contrast pricing and price evolution of online only (Dotcom) and online branch of multi-channel retailers (OBMCRs) based on two panel data sets collected from online toy markets. Panel data regression analyses reveal several interesting empirical results: over time, OBMCRs and Dotcoms charge similar prices on average but Dotcoms significantly increase their shipping costs that eventually drive the overall average price of Dotcoms higher than that of OBMCRs. Price dispersions of both types of retailers are persistent. The price dispersion of OBMCRs is higher than that of Dotcoms at the beginning and does not change much over time, but the price dispersion of Dotcoms increases significantly over time, indicating that the latter will eventually be higher than the former. Moreover, the OBMCRs charge significantly different prices, but the Dotcoms charge similar prices.
BASE
A Study of Pricing Evolution in the Online Toy Market
We examine the pricing trends in the online toy markets by using panel data regression models with error components and serial correlation. Our results indicate that both online branch of multi-channel retailers (OBMCRS) and dotcoms charge similar prices on average, and that over time their prices move in tandem. Although the OBMCR retailers charge significantly different prices, the dotcoms do charge similar prices. Moreover, both retailer types demonstrate different magnitudes of price dispersion that move at different rates over time. Although the price dispersion of OBMCRS is higher than that of the dotcoms at the beginning, the gap narrows over time.
BASE