WRQ Anton, G Deltas… - Journal of Environmental Economics …, 2004 - Elsevier
The increasing reliance of environmental policy on market-based incentives has led firms to
shift from regulation-driven management approaches to proactive strategies involving the
voluntary adoption of environmental management systems (EMSs). Count data and ...
G Deltas - Review of economics and statistics, 2003 - MIT Press
The Gini coefficient is a downward-biased measure of inequality in small populations when
income is generated by one of three common distributions. The paper discusses the sources
of bias and argues that this property is far more general. This has implications for (i) the ...
G Deltas - The Journal of Industrial Economics, 2008 - Wiley Online Library
Using monthly data from the 48 contiguous states (except Nevada) for the 1988–2002
period, it is shown that retail gasoline prices respond faster to wholesale price increases
than to equivalent wholesale price decreases. Moreover, markets with high average retail- ...
[CITATION] Quantitative estimates of the effects of preference policies
G Deltas… - Law and Policy in Public Purchasing. University of …, 1997
G Deltas,
K Serfes… - 1999 - papers.ssrn.com
Abstract: This paper surveys the formation of the US shipping cartels (conferences) and their
state of development before the onset of World War I. These cartels ranged from simple price
agreements to very complex and tight revenue pooling agreements. The focus of the ...
G Deltas - Economic Theory, 2002 - Springer
Summary. This paper studies 'knockout'auctions, typically organized by bidding rings, in
which the winning bidder makes side-payments to all losing bidders. These side-payments
provide an incentive for the ring members to bid higher than they would have in an ...
S Bose… - Current Trends in Economics: Theory and …, 1999 - books.google.com
Abstract. We study an auction with two distinct types of potential bidders: consumers who
wish to purchase the item for their own consumption and middlemen who wish to purchase
the item for the purpose of reselling it to the final consumers. Typically, the behavior of the ...
G Deltas,
K Desmet, G Facchini… - 2006 - econ.uiuc.edu
Abstract: This paper analyzes how the sequential formation of free trade areas affects the
volume of trade between member countries. In a three–country, three–good model, if two
countries have a free trade area, and both sign a similar agreement with the third, trade ...
G Deltas - Unpublished Working Paper, 1999 - papers.ssrn.com
Abstract: This paper uses a unique data-set collected in a consistent way over a number of
different auctions to investigate how empirical regularities in sequential auctions depend on
the number of lots sold in those auctions. It is shown that prices tend to decline faster in ...
WRQ Anton, G Deltas… - Urbana, 2004 - bus.ucf.edu
ABSTRACT The increasing reliance of environmental policy on market-based incentives has
led firms to shift from regulation-driven management approaches to proactive strategies
involving the voluntary adoption of management practices through environmental ...
DR Harrington, M Khanna… - Applied economics, 2008 - Taylor & Francis
Many firms are undertaking environment-friendly organizational change by applying the
philosophy of total quality management with its emphasis on reducing waste and increasing
efficiency. Their objective is to improve their management of pollution and increase ...
M Khanna, G Deltas… - Environmental and Resource …, 2009 - Springer
Abstract This paper investigates the extent to which firm level technological change that
reduces unregulated emissions is driven by regulatory pressures, and firms' technological
and organizational capabilities. Using a treatment effects model with panel data for a ...
G Deltas - Journal of economic behavior & organization, 1999 - Elsevier
In English auctions an auctioneer sometimes receives (second-price) bids from bidders who
cannot attend the auction. These bids are referred to as mail-in bids, left bids, or bookbids,
and are commonly handled by an auctioneer's assistant. In this paper I consider auctions ...
G Deltas… - 2001 - papers.ssrn.com
Abstract: This paper investigates bidding patterns in sequential auctions using data from a
sale of rare books by a non-profit institution. The data has features of a field experiment: Lots
were arranged in alphabetical order and the reserve was set non-strategically. Further, ...
G Deltas… - Economics letters, 2001 - Elsevier
We consider an auction in which the behavior of one potential bidder departs mildly from full
rationality. We show that the presence of such an inexpert bidder can be enough to
discourage all of an infinitely large population of fully rational potential bidders from ...
G Deltas… - The Economic Journal, 2004 - Wiley Online Library
We examine bidding in a rare book sequential auction that has features of a natural
experiment: lots were arranged in alphabetical order, the reserve set non-strategically and half
the bids placed by mail-in bidders. We distinguish between the effects induced by the ...
[CITATION] Adoption of pollution prevention techniques: The role of management systems, demand-side factors and complementary assets
M Khanna, G Deltas… - … Department of Economics, University of Illinois, 2005
G Deltas… - Management science, 2005 - JSTOR
This paper presents an equilibrium explanation for the persistence of naive bidding.
Specifically, we consider a common value auction in which a" naive" bidder (who ignores
the winner's curse) competes against a fully rational bidder. We show that the naive bidder ...
G Deltas, R Sicotte… - The Review of Economics and …, 2008 - MIT Press
Abstract We investigate the impact of passenger shipping cartels on trans-Atlantic migration
during the early twentieth century. We assemble from primary sources a detailed database
of passenger flows and cartel operations and show that cartel operation reduced ...
G Deltas… - International Journal of Industrial Organization, 2007 - Elsevier
This paper characterizes the payoffs and pricing policies of auction hosting sites when both
the bidders' and the sellers' participation is endogenous. Sellers have heterogeneous
opportunity costs and make a listing decision depending on the listing fee and the ...
G Deltas… - The Quarterly Review of Economics and …, 2003 - Elsevier
We use a stylized model of inter-governmental transfers to investigate the extent to which the
post-Maastricht increase in the European Union budget, and the associated increase in net
transfers among the member states, has been driven by the political deepening of the ...
G Deltas… - Journal of Business and Economic Statistics, 2004 - ASA
Matched-model price indexes generally overestimate quality-adjusted prices, because the
price/performance ratio of models sold in consecutive periods is worse than that of new
models. This “unrepresentativeness” of the sample potentially might be reduced by ...
G Deltas, A Salvo… - Unpublished Paper,(August …, 2009 - webmeets.com
Abstract That collusion among sellers is detrimental to buyers is a central tenet in
economics. In the context of trade, we provide an oligopoly model, using only standard
ingredients, in which collusion is beneficial for society and can be beneficial for ...
S Bose… - Economic Theory, 2007 - Springer
Abstract We consider a seller who can either sell exclusively through resellers, or allow
potential consumers to purchase directly from him. The consumers' willingness to pay is
private information. All transactions are in the form of second-price sealed bid auctions. ...
G Deltas - Journal of Mathematical Economics, 2007 - Elsevier
This paper investigates the possibility that the imposition of a minimum wage increases
employment in the affected sector, measured in terms of hours of work, and lowers product
prices. Unlike related prior theoretical research, I consider a neoclassical perfect ...
G Deltas… - International Journal of Industrial Organization, 2006 - Elsevier
Using a high frequency data set of advertized prices of personal computers we find that
prices of Pentium computers of late entrants into this market segment are higher than the
contemporaneous prices of their competitors. This is true even among firms which have ...
G Deltas, M Khanna… - University of Illinois, mimeo, 2004 - aueb.gr
Abstract This paper considers a duopoly operating in a market with consumers who care
about both an environmental attribute and other brand-specific attributes of products.
Consumers are assumed to have the same willingness to pay for incremental ...
G Deltas - 2007 - papers.ssrn.com
Abstract: Using monthly data from the 48 contiguous states (except Nevada) for the 1988-
2002 period, it is shown that retail gasoline prices respond faster to wholesale price
increases than to equivalent wholesale price decreases. Moreover, markets with high ...
G Deltas… - Journal of Urban Economics, 2003 - Elsevier
We construct a stylized model of transfers within a federation and apply it to the European
Union. Our approach differs from that of most of the existing literature in that we fix the
preferences for redistribution of resources among a federation's members, rather than fix ...
[CITATION] A sealed-bid auction with consumers and middlemen
S Bose… - Unpublished paper, Iowa State University and …, 1997
G Deltas… - Journal of Economics, 2002 - Springer
We examine the profitability of two different cartel organizational forms: full collusion, under
which firms collude on both price and quality, and semicollusion, under which firms collude
on price only. We show that, in the presence of demand uncertainty that cannot be ...
[CITATION] A Two-stage Approach to Structural Econometric Analysis of First-price Auctions
G Deltas… - 1997 - Mimeo, University of Illinois
D Becher, G Deltas… - Proceedings, 2006 - netfiles.uiuc.edu
An extensive literature exists on the cost and output inefficiency of US financial institutions. 1
The stylized fact emerging from this literature is that the banking sector is inefficient to a
substantial degree. In particular, the expenses of a typical financial institution are 20% ...
G Deltas… - University of Illinois, 2006 - soc.uoc.gr
Abstract This paper derives the analytics of seller and buyer participation in an auction
hosting site, characterizes optimal hosting site pricing and investigates the nature of
competition between two auction houses or hosting sites that are differentiated in the eyes ...
[CITATION] Structural Econometric Analysis of Bidding for Government Construction Contracts in Connecticut
G Deltas - University of Illinois Urbana-Champaign Working …, 1996
G Deltas - Economic Theory, 2004 - Springer
Summary. This paper investigates the stochastic properties of the first price and second
price winning bids in auctions with risk neutral bidders with independent and identically
distributed valuations. In such an environment, the winning first price bids second order ...
A Alexandrov, G Deltas… - Unpublished working paper, 2008 - aueb.gr
Abstract Firms are intermediaries between input suppliers and consumers. This paper
considers the implications of competition between strategic firms that compete in both the
input and the output markets, and are differentiated both as employers and as producers. ...
[CITATION] The Dynamics of Self-Employment over the Life-Cycle: An Entry-Exit Decomposition Analysis
GS Kim… - 2001 - Center for International Business …
S Bose… - 1999 - papers.ssrn.com
Abstract: It is occasionally observed that auctions are designed to exclude the participation
of final consumers. Resellers are the only participants in these auctions. This behavior is
sometimes rationalized on the basis of transaction costs: it is cheaper to deal with a small ...
G Deltas… - Illinois and Oklahoma, 2001 - business.uiuc.edu
Summary Parametric estimation of the distribution of bidder valuations imposes a
distributional assumption on those valuations and estimates how a list of observed
auction/item characteristics impact the parameters of this distribution. Unobserved auction/ ...
[CITATION] Essays in auctions and procurement: an analysis of bidding rings, left bids, stochastic properties of winning bids, and two step structural estimators of …
G Deltas - 1996 - Ph. D. Dissertation, Yale University
G Deltas, DR Harrington… - Urbana, 2007 - bren.ucsb.edu
Abstract The types and nature of a firm's innovative activities are influenced by a firm's
organizational structure. We develop an empirical framework to examine the effect of Total
Quality Environmental Management (TQEM) on the adoption of 43 types of innovative ...
[CITATION] Analyzing Labor Markets in Transition: A Markov-based Approach with an Application to South Korea
G Deltas… - 2001
[CITATION] Bidding in Sequential Auctions:'Catalogue'vs.'Order of Sale'Effects (in a Sale of Library Books)
G Deltas… - 2001 - mimeo, econ. dept., U. Illinois
[CITATION] Retail Gasoline Price Response Stickiness and Asymmetry to Wholesale Price Changes: The Effect of Local Market Power
G Deltas - Working Paper, Department of …
G Deltas, H Herrera… - Unpublished manuscript, 2010 - econ.as.nyu.edu
Abstract To analyze the advantages and disadvantages of the US presidential primary
system, we develop a model in which candidates with different policy positions and qualities
compete for the nomination, and voters are uncertain about the candidates' valence. This ...
G Deltas, A Salvo… - 2009 - fep.up.pt
Abstract This paper examines a differentiated product duopoly operating in two
geographically sepa# rate markets. Firms operate a single production facility each; facilities
are located in different markets, but firms can supply both markets from their respective ...
S Evenett… - … of Michigan Press, Ann Arbor, MI, 1997 - en.scientificcommons.org
[CITATION] REssays in Auctions and Procurement,"
G Deltas - 1996 - Ph. D. Dissertation, Yale Uni versity
DR Harrington, G Deltas… - Urbana, 2010 - webmeets.com
Madhu Khanna Dept. of Ag & Consumer Economics University of Illinois 1301 W. Gregory
Drive Urbana, IL 61801 Tel: 217-333-5176 khanna1@ uiuc. edu Keywords: Pollution
prevention, toxic releases, technical change, dynamic panel data models
G Deltas… - 2007 - netfiles.uiuc.edu
Abstract This paper suggests a simple procedure that can be used to investigate
employment shifts in labor markets of developing countries. The approach is based on the
comparison of the current and steady-state lifetime employment profiles (conditional on ...
S Bose… - Southern Economic Journal, 2002 - JSTOR
This paper demonstrates that a seller prefers to exclude final consumers from an auction
and sell only to resellers when these resellers can gain access, at a cost, to a sufficiently
bigger market than the seller himself. The intuition is that resellers recoup their expenses ...
D Balan… - 2010 - papers.ssrn.com
Abstract: We analyze the effect of product quality on the output of a high-quality dominant
firm facing a low-quality competitive fringe. We show that profit maximizing output decreases
with product quality when the dominant firm's marginal cost is lower than that of the fringe, ...
[CITATION] A structural model of intra European Union transfers with an application to the Eastern enlargement
G Deltas, G van der Beek… - 2001 - University of Illinois at Urbana- …
G Deltas, R Sicotte… - Ann Arbor, 2004 - econ.duke.edu
Abstract We investigate the effectiveness of passenger shipping cartels in regulating
migration across the Atlantic during the early twentieth century. We assemble from primary
sources a detailed data-base of passenger flows and cartel operations and show that ...
A Alexandrov, G Deltas… - Journal of Competition Law …, 2011 - Oxford Univ Press
Abstract This article extends antitrust analysis to two-sided markets in which a virtual
monopolist competes with local bricks-and-mortar dealers. The discussion examines the
market power of an Internet market maker as well as an Internet matchmaker. The analysis ...
G Deltas, E Zacharias… - 1999 - papers.ssrn.com
Abstract: Using a high frequency data-set of advertised prices in the personal computer
industry, we find that firms which introduced Pentium computers late in the" buy Direct"
segment of the market command a higher price premium compared to early entrants. This ...
G Deltas,
K Desmet… - Working Papers, 2012 - ideas.repec.org
We study how the sequential formation of free trade areas affects trade flows between
member countries. In a three-country, three-good model of comparative advantage if two
countries have an FTA, and both sign a similar agreement with the third, trade between ...
G Deltas… - The Economic Journal, 2004 - res.org.uk
We examine bidding in a rare book sequential auction that has features of a natural
experiment: lots were arranged in alphabetical order, the reserve set non-strategically and
half the bids placed by mail-in bidders. We distinguish between the effects induced by the ...
DR Harrington, M Khanna, G Deltas… - Working …, 2005 - old.fare.uoguelph.ca
Abstract Many firms are undertaking environmentally friendly organizational change by
applying the philosophy of Total Quality Management with its emphasis on reducing waste
and increasing efficiency to improve their management of pollution. This paper ...
G Deltas… - Economic Market Design and …, 2010 - Wiley Online Library
A large and growing body of literature investigates the implications of the recent
restructuring for the performance of the electricity generation market. Recent important
contributions to this literature include Borenstein, Bushnell and Stoft (2000), Joskow and ...
G DELTAS… - 2003 - aeaweb.org
Abstract Do audit firms' offer “alternative and differentiated products”(GAO 2003, 18)? We
develop a framework within which such issues can be investigated after controlling for
confounding factors such as differences in audit firm sizes and changes in firm market ...
G Deltas… - 2009 - papers.ssrn.com
Abstract: This paper studies the role of firm heterogeneity and information spillovers in the
sourcing decision to provide web services. To this end, we develop a theoretical model that
relates these factors to firms' decisions to outsource or use in-house resources (insource). ...
[CITATION] On the Optimality of Semicollusion Under Demand Uncertainty
G Deltas,
K Serfes… - 1998 - University of Illinois at Urbana- …
Abstract We develop a model of sequential presidential primaries in which several
horizontally and vertically differentiated candidates compete against each other. Voters are
incompletely informed about candidate valence and learn over time from election results ...
GEE DEltas… - 2002 - netfiles.uiuc.edu
We construct a stylized model of transfers within a federation and apply it to the European
Union. Our approach differs from that of most of the existing literature in that we fix the preferences
for redistribution of resources among a federation<s members, rather than fix the current ...
M Gersovitz, JS Hammer, G Deltas… - The Economic …, 2004 - res.org.uk
The structure of representative agents and decentralisation of the social planner's problem
provide a framework for the economics of infection and associated externalities. Optimal
implementation of prevention and therapy depends on:(1) biology including whether ...
G Deltas… - 2011 - netfiles.uiuc.edu
Abstract This paper examines the role of experience in the decision to adopt a new business
practice. Despite the rapid improvements in information technology (IT) and general interest
in outsourcing, the extent of IT outsourcing has not been studied extensively, and few ...
G Deltas, A Salvo… - 2011 - fep.up.pt
Abstract That collusion among sellers is detrimental to buyers is a central tenet in
economics. In the context of trade, we provide an oligopoly model, using only standard
ingredients, in which collu $ sion can raise consumer surplus. A differentiated $ product ...
G Gross, DJ Finlay… - netfiles.uiuc.edu
Abstract We formulate a general framework of a competitive electricity generation supply
market (CEM), embodying the salient attributes of the Poolco concept. This framework
serves two prinapal purposes: to SOIVCthe selection by the CEM operstor of the winners ...
GEE DEltas… - 2001 - netfiles.uiuc.edu
Abstract We construct and estimate a stylized structural model of the European Union< s
budget using recent profiles of the European Union< s expenditures and revenues. The
model is tested (successfully) by assessing its ability to predict the effects of the 1995 ...
G Deltas… - 2002 - netfiles.uiuc.edu
Abstract We construct and estimate a stylized structural model of the European Union's
budget using recent profiles of the European Union's expenditures and revenues. The
model is tested (successfully) by assessing its ability to predict the effects of the 1995 ...
G Deltas - The Quarterly Review of Economics and Finance, 2006 - Elsevier
This paper considers a firm that can engage in partially relationship specific investments.
The firm does not have the option to engage in investments that are not at all relationship
specific. I show that, in such a setting, equilibrium investment may exceed the socially ...
G Deltas… - 2000 - econometricsociety.org
Abstract We study a common value auction in which two bidders compete for an item the
value of which is a function of three independent characteristics. Each bidder observes one
of these characteristics, but one of them is “naive” in the sense that he does not realize the ...
G Deltas… - Economic Journal, 2004 - papers.ssrn.com
Abstract: We examine bidding in a rare book sequential auction that has features of a natural
experiment: lots were arranged in alphabetical order, the reserve set non-strategically and half
the bids placed by mail-in bidders. We distinguish between the effects induced by the ...
J Abraham, T Adachi, FG Adams, S Allgood… - Taylor & Francis
Page 1. Winter 2007 125 Jean Abraham University of Minnesota Takanori Adachi
University of Pennsylvania F. Gerald Adams Northeastern University Sam Allgood
University of Nebraska-Lincoln James E. Anderson Boston ...
G Deltas… - Urbana, 2005 - netfiles.uiuc.edu
The increasing complexity and costs of command and control environmental regulations that
seek to control pollution after it has been generated have shifted the attention of
environmental regulators and firms towards flexible environmental strategies that target ...
DJ Balan… - 2011 - works.bepress.com
Abstract We analyze the effect of product quality on the output of a high-quality dominant firm
facing a low-quality competitive fringe. Using a standard vertical differentiation model, we
show that profit maximizing output decreases with product quality when the dominant ...
This paper analyzes how the sequential formation of free trade areas affects the volume of
trade between member countries. In a three--country, three--good model, if two countries
have a free trade area, and both sign a similar agreement with the third, trade between the ...
G Deltas - 2010 - econ.missouri.edu
Abstract We develop a model of sequential presidential primaries in which several
horizontally and vertically differentiated candidates compete against each other. Voters are
incompletely informed about candidate valence and learn over time from election results ...
G Deltas… - 2003 - netfiles.uiuc.edu
Abstract In this paper we use a novel approach to decompose differences in the self-
employment probabilities of various socio-economic groups into differences in their entry
rates into self-employment and exit rates from self-employment. This decomposition is ...
G Deltas,
T Stengos… - Canadian Journal of …, 2011 - Wiley Online Library
Abstract This paper examines the joint pricing decision of products in a firm's product line.
When products are distinguished by a vertical characteristic, those with higher values of that
characteristic will command higher prices. We investigate whether, holding the value of ...
G Deltas… - 2006 - netfiles.uiuc.edu
Abstract This paper introduces a decomposition methodology to analyze the determinants of
the gender gap in employment rates. In particular, we investigate the degree to which the
gender gap in employment rates is driven by differences in the male/female entry rates ...
S Bose… - 2000 - papers.ssrn.com
Abstract: This paper endogenizes exclusive dealing through a distribution channel in
auction markets. In particular, it is demonstrated that a seller prefers to exclude final
consumers and sell only to re-sellers when these resellers can gain access, at a cost, to a ...
G Deltas, A Salvo… - 2009 - kellogg.northwestern.edu
Abstract This note applies a variant of Deltas, Salvo and Vasconcelos (2009) to a spatial
setting in which retailers compete by issuing coupons. Coupons induce an excessive
number of shoppers to travel to stores that are located at a distance from their residence, ...
G Deltas - 1996 - netfiles.uiuc.edu
Abstract: In English auctions an auctioneer sometimes receives (second-price) bids from
bidders who can not attend the auction. These bids are referred to as mail-in bids, left bids,
or bookbids, and are commonly handled by an auctioneer's assistant. In this paper I ...
MK Polborn, HH Herrera… - 2011 - works.bepress.com
Abstract To analyze the performance of the US presidential primary system, we develop a
model with horizontally and vertically differentiated candidates. Voters are uncertain about
candidates' valences, and use results in earlier elections to update their beliefs. The ...
GD Beck, R Easley, B Halperin, V Johnson… - mlinkdir.com
On June 27, 2000 the SEC published its proposed revisions to the rules on auditor
independence (SEC 2000a and b). 1 Of all the proposed revisions, the proposal to ban the
provision of certain types of non-audit services to audit clients provoked the greatest ...
G Deltas… - netfiles.uiuc.edu
Abstract: The diffusion of knowledge generates positive externalities if knowledge flows
increase the productivity of Research and Development (R&D) by the recipients of these
flows. This paper investigates the extent to which this positive spillover effect of knowledge ...
G Deltas… - soc.uoc.gr
Abstract: The diffusion of knowledge in the world generates positive externalities if
knowledge flows increase the productivity of Research and Development (R&D). This paper
analyzes knowledge diffusion and technological externalities in generating regional ...
[CITATION] The Empirics of Sequential Auctions
G Deltas… - 1998 - University of Illinois at Urbana- …
[CITATION] Cartel Organization, Price Discrimination and the Trans-‐Atlantic Passage, 1899-‐1911
G Deltas… - 2011
X Bi, G Deltas… - 2012 - papers.ssrn.com
Abstract: The US EPA intended to promote P2 ethic through information provision and
voluntary programs. Since 1991, facilities subject to Toxic Releases Inventory (TRI) are
required to report the adoption of P2 technologies per chemical, but adoption of P2 ...
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