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Displaying results 1 to 3 of 3.

  1. Property Rights in Historical Political Economy
    When do Wedges Wither?
    Author: Alston, Lee J.; Mueller, Bernardo
    Published: April 2022
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    Countries are not equally developed in large part because most countries face sets of property rights that do not foster growth despite the aggregate gains that would result from changing property rights. The difference in rents to society between... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Countries are not equally developed in large part because most countries face sets of property rights that do not foster growth despite the aggregate gains that would result from changing property rights. The difference in rents to society between the extant set of property rights and some seemingly better alternative we define as a "Demsetz" wedge. We explore the forces that sustain the status quo as well the forces that prompt property rights to change

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w29991
    Subjects: Sachenrecht; Rechtsreform; Transaktionskosten
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers
  2. Trade-ins and Transaction Costs in the Market for Used Business Jets
    Author: Hodgson, Charles
    Published: September 2022
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    Manufacturers of durable goods can encourage consumers facing transaction costs to upgrade by accepting used units as trade-ins. These "buyback schemes" increase demand for new units, but increase the supply of used units if trade-ins are resold. In... more

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    Location:
    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    No inter-library loan

    Location:
    Universitätsbibliothek Freiburg
    Inter-library loan:
    No inter-library loan

    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    No inter-library loan

    Location:
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan

     

    Manufacturers of durable goods can encourage consumers facing transaction costs to upgrade by accepting used units as trade-ins. These "buyback schemes" increase demand for new units, but increase the supply of used units if trade-ins are resold. In this paper, I investigate the equilibrium effects of buyback schemes in the market for business jets. I find that buyback increases demand for new units by 37% at fixed prices. However, in equilibrium this increase in sales is diminished by 38% due to substitution away from new jets among first time buyers. Because of this cannibalization, offering buyback is a dominant strategy for only 3 of the 6 major firms, with 3 firms offering buyback as a best response to other firms' policies. I show that equilibrium buyback policies can change under counterfactual market structures: a simulated merger leads to a reduction in consumer welfare, 70% of which is due to a change in buyback policy

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w30497
    Subjects: Luftfahrzeug; Passagierluftverkehr; Fluggesellschaft; Preismanagement; Transaktionskosten; Unvollkommener Markt; Oligopoly and Other Imperfect Markets; Transactional Relationships; Contracts and Reputation; Networks; General; Air Transportation
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers
  3. Remittance flows and costs in OIC countries
    Published: [2022]
    Publisher:  Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), Oran, Ankara, Türkiye

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    B 433247
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    Unlimited inter-library loan, copies and loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: OIC statistical outlook ; 2022, 01
    Subjects: Rücküberweisungen; Transaktionskosten; Islamische Staaten
    Scope: 9 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe