Policy to reduce the European Union’s (EU) carbon footprint needs to be grounded in an understanding of the structure and drivers of both the domestic and internationally traded components. Here we analyse consumption-based emission accounts (for the main greenhouse gases (GHGs)) for the EU, focusing on understanding sectoral contributions and what changes have been observed over the last two decades, ...
It is Professor Leonardo Becchetti from the University of Rome Tor Vergata. The anonymized SOEP data are only provided for scientific research after a contract has been signed between the data user and DIW Berlin. Becchetti's topic: Heterogeneity in Beliefs Comparing West and East Germany. We wish him success in his research!
Abstract: We examine experimentally the impact of corporate social responsibility techniques on individuals’ performance and willingness to compete. Our baseline treatment adopts the Niederle-Vesterlund (2007) paradigm whereby individuals perform a task under piece-rate and tournament incentives, followed by an opportunity to determine which of the two payment schemes they prefer. In our...
Abstract: In this paper, we analyze bidding groups that participate in procurement auctions. Our main question is to ask, whether in the absence of the joint bid, there could have been two or more independent bids and if yes, these bids yield a different final outcome. We utilize data from the Austrian construction sector and estimate models of first-price sealed-bid auctions with endogenous entry...
Joanna and Christoph will do a joint IOBB to exchange ideas on a possible project on incumbency advantage and mergers in procurement auctions. In the first part of the seminar, they will discuss possible theoreotical explanations and consequences of incumbency advantage. This will open the floor for discussion on how data from procurement auctions in the French urban transport industry can be...
Abstract: Antitrust authorities try to detect and sanction existing cartels and hinder the formation of new ones. Firms nevertheless try to collude while avoiding sanctions, for example by colluding tacitly instead of explicitly forming a cartel. In this paper, we focus on differences in the communication of firms that either form an explicit cartel or try to collude tacitly. The latter may still...
This study investigates the payout policy of state-owned municipal firms. Based on insights from agency theory we derive an empirically testable model based on Lintner's corporate dividend policy model accounting for the characteristics of state-owned firms in terms of corporate governance and ownership structure. Exploiting a large and new panel dataset on German firms from the years 2003 to 20...
