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Auflistung nach Autor "Strausz, Roland"
Anzeige der Publikationen 1-11 von 11
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2014-09-03DiskussionspapierCertification and MarketTransparency Stahl, Konrad; Strausz, RolandWe provide elementary insights into the effectiveness of certification to increase market transparency. In a market with opaque product quality, sellers use certification as a signaling device, while buyers use it as an ...
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2012-09-28DiskussionspapierConsumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation Fiocco, Raffaele; Strausz, RolandStrategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by mitigating ratchet effects associated with short term contracting. A consumer standard alleviates the regulator’s ...
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2015-07-28DiskussionspapierCrowdfunding, demand uncertainty, and moral hazard - a mechanism design approach Strausz, RolandCrowdfunding challenges the traditional separation between finance and marketing. It creates economic value by reducing demand uncertainty, which enables a better screening of positive NPV projects. Entrepreneurial moral ...
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2014-09-05DiskussionspapierEx post information rentsin sequential screening Krähmer, Daniel; Strausz, RolandWe study ex post information rents in sequential screening models where the agent receives private ex ante and ex post information. The principal has to pay ex post information rents for preventing the agent to coordinate ...
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2009-10-21DiskussionspapierMigration of the Highly Skilled Mechtenberg, Lydia; Strausz, RolandWe develop a model to analyze the determinants and effects of an endogenous imperfect transferability of human capital on natives and immigrants. The model reveals that high migration flows and high skill-transferability ...
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2014-09-05DiskussionspapierOn the Timing of ClimateAgreements Schmidt, Robert; Strausz, RolandA central issue in climate policy is the question whether long-term targets for green- house gas emissions should be adopted. This paper analyzes strategic effects related to the timing of such commitments. Using a two-country ...
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2014-09-05DiskussionspapierOptimal Sales Contractswith Withdrawal Rights Krähmer, Daniel; Strausz, RolandWe introduce ex post participation constraints in the standard sequential screening model. This captures the presence of consumer withdrawal rights as, for instance, mandated by EU regulation of “distance sales contracts”. ...
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2021-05-26ZeitschriftenartikelPublic good overprovision by a manipulative provider Celik, Gorkem; Shin, Dongsoo; Strausz, RolandWe study contracting between a public good provider and users with private valuations of the good. We show that, once the provider extracts the users' private information, she benefits from manipulating the collective ...
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2009-01-22DiskussionspapierRegulatory Risk under Optimal Incentive Regulation Strausz, RolandThe paper provides a tractable, analytical framework to study regulatory risk under optimal incentive regulation. Regulatory risk is captured by uncertainty about the policy variables in the regulator’s objective function: ...
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2006-03-02DiskussionspapierThe Bologna Process Mechtenberg, Lydia; Strausz, RolandWe analyze the two goals behind the European Bologna Process of increasing student mobility: enabling graduates to develop multi–cultural skills and increasing the quality of universities. We isolate three effects: 1) a ...
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2009-08-14DiskussionspapierThe Political Economy of Regulatory Risk Strausz, RolandI investigate the argument that, in a two–party system with different regulatory objectives, political uncertainty generates regulatory risk. I show that this risk has a fluctuation effect that hurts both parties and an ...