Zobrazeno 1 - 10
of 11
pro vyhledávání: '"Kristof Madarasz"'
Autor:
Kristof Madarasz
Publikováno v:
American Economic Review. 111:3500-3539
This paper studies bargaining with noncommon priors where the buyer projects and exaggerates the probability that her private information may leak to the seller. Letting the buyer name her price first, raises the seller’s payoff above his payoff fr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::716ccc658989ae43e9b94bb64a821a45
https://doi.org/10.1257/aer.20150004
https://doi.org/10.1257/aer.20150004
Publikováno v:
Journal of the European Economic Association. 19:1853-1898
This paper proposes a theory of pricing premised upon the assumptions that customers dislike unfair prices—those marked up steeply over cost—and that firms take these concerns into account when setting prices. Because they do not observe firms’
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::33eb05a9c7121b46ab9b1b8f8d4a0317
https://doi.org/10.1093/jeea/jvaa041
https://doi.org/10.1093/jeea/jvaa041
Autor:
Alex Imas, Kristof Madarasz
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0f2b27a409f59e399c8b587691d4ed41
https://doi.org/10.2139/ssrn.4188951
https://doi.org/10.2139/ssrn.4188951
This paper proposes a theory of price rigidity consistent with survey evidence that firms stabilize prices out of fairness to their consumers. The theory relies on two psychological assumptions. First, customers care about the fairness of prices: fix
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4887abc60ba877b504c0df6f20257538
https://doi.org/10.3386/w23778
https://doi.org/10.3386/w23778
Publikováno v:
Management Science, 60(11), 2645-2658. INFORMS Inst.for Operations Res.and the Management Sciences
This paper presents theory and experiments where people's prosocial attitudes fluctuate over time following the violation of an internalized norm. We report the results of two experiments in which people who first made an immoral choice were then mor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::71b9e9b5268911fd8ca5ad988a3ea571
https://doi.org/10.1287/mnsc.2014.1942
https://doi.org/10.1287/mnsc.2014.1942
This paper explains the nonneutrality of money from two assumptions: (1) consumers dislike paying prices that exceed some fair markup on firms' marginal costs; and (2) consumers under infer marginal costs from available information. After an increase
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0e615de3fb577981ced9e30df4dfd662
http://eprints.lse.ac.uk/60845/
http://eprints.lse.ac.uk/60845/
This paper proposes a model that explains the nonneutrality of money from two well-documented psychological assumptions. The model incorporates into the general-equilibrium monopolistic-competition framework of Blanchard and Kiyotaki [1987] the psych
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::45aca2a96ee0d58db44851fa7974582e
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=10286
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=10286
Autor:
Kristof Madarasz, Andrea Prat
Publikováno v:
The Review of Economic Studies. :rdw030
Principals often operate on misspecified models of their agents’ preferences. When preferences are such that non-local incentive constraints may bind in the optimum, even slight misspecification of the preferences can lead to large and non-vanishin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::db5d9765cfb387f42217ef9baf31080f
https://doi.org/10.1093/restud/rdw030
https://doi.org/10.1093/restud/rdw030
Autor:
Kristof Madarasz, Joshua Tasoff
Publikováno v:
SSRN Electronic Journal.
We develop a model in which people experience standard consumption utility, as well as anticipatory utility defined as the weighted sum of independently anticipated consumption “episodes” or “dimensions”. The weights on these dimensions corre
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2f48209d685ee553181c7a2a4d76f749
https://doi.org/10.2139/ssrn.2629404
https://doi.org/10.2139/ssrn.2629404
Autor:
Kristof Madarasz
Publikováno v:
SSRN Electronic Journal.
People greatly exaggerate the extent to which their information is shared with others. I present a general model of such information projection, and apply it to a variety of settings. When assessing an expert's competence using ex-post information, j
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f13e5a3febd4250b8632bf0b6d0f24f7
https://doi.org/10.2139/ssrn.1407190
https://doi.org/10.2139/ssrn.1407190