Refine
Year of publication
Document Type
- Article (15048) (remove)
Language
- English (15048) (remove)
Has Fulltext
- yes (15048)
Keywords
- taxonomy (396)
- new species (169)
- morphology (95)
- inflammation (89)
- COVID-19 (72)
- distribution (71)
- biodiversity (62)
- SARS-CoV-2 (60)
- phylogeny (52)
- Englisch (50)
Institute
- Medizin (4683)
- Physik (1622)
- Biowissenschaften (989)
- Biochemie und Chemie (734)
- Frankfurt Institute for Advanced Studies (FIAS) (691)
- Geowissenschaften (532)
- Informatik (381)
- Institut für Ökologie, Evolution und Diversität (325)
- Senckenbergische Naturforschende Gesellschaft (323)
- Gesellschaftswissenschaften (287)
THIS STUDY DOCUMENTS THE ROLE OF BARGAINING POWER IN THE DETERMINATION OF
MORTGAGE RATES BASED ON A UNIQUE ADMINISTRATIVE DATA SET COMPRISING 20,000
MORTGAGE LOAN CONTRACTS. WE USE VARIATION IN THE COMPETITIVE ENVIRONMENT
TO IDENTIFY THE EXTENT TO WHICH DIFFERENTIAL PRICING IS DUE TO RELATIVE BARGAINING POWER. OUR IDENTIFICATION STRATEGY SEPARATES MARKET POWER FROM OTHER SOURCES OF PRICING DIFFERENTIALS, SUCH AS CREDIT RISK, PRODUCT DIFFERENTIATION, OR OTHER COSTS. THE RESULTS INDICATE THAT BARGAINING POWER DETERMINES THE EXTENT OF PRICE DISCRIMINATION ON OBSERVABLE BORROWER CHARACTERISTICS. A REDUCTION IN LENDER BARGAINING POWER REDUCES THE DISADVANTAGE SUFFERED BY BORROWERS WHO REFINANCE THEIR LOAN AND REDUCES THE ADVANTAGE FOR THOSE WHO HAVE THEIR MAIN BANKING RELATIONSHIP AT ANOTHER BANK. SIMULTANEOUSLY, IT INCREASES THE ADVANTAGE FOR BORROWERS FALLING IN THE WEALTHY/HIGH-INCOME SEGMENT. FURTHER ANALYSES POINT TO SEARCH INCENTIVES AS AN IMPORTANT DRIVER OF THE DIRECTION OF THE EFFECT OF BARGAINING POWER.
THIS PAPER PROVIDES EMPIRICAL EVIDENCE ON THE IMPACT OF REVIEWER STATUS ONTHE OBJECTIVITY OF HIS CONTRIBUTIONS IN ONLINE COMMUNITIES. WHILE PREVIOUS RESEARCH INDICATES THAT USER-GENERATED ONLINE REVIEWS GUIDE CONSUMER DECISION MAKING, LITTLE IS KNOWN ABOUT DRIVERS OF THE ACTUAL REVIEW GENERATION PROCESS. UTILIZING A DATA SAMPLE COVERING 413,077 REVIEWS POSTED OVER 12 YEARS ON TRIPADVISOR.COM, WE FIND THAT WITH INCREASED USER STATUS, REVIEW OBJECTIVITY INCREASES. THUS, WE CONTRIBUTE TO THEORY BY GENERALIZING THE SO-CALLED "POPULARITY EFFECT" TO A MULTI-DIMENSIONAL “STATUS EFFECT”.
Bridging markets
(2016)