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Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject it as unfair. In this study, we investigate the extent to which economists also differ from non-economists in how they value the fairness of the price system, and examine how...
Persistent link: https://www.econbiz.de/10010301744
In this paper we apply standard cartel theory to identify the major institutional stabilizers of Germany?s area tariff … regulatory measures for injecting competition into Germany?s labor markets that focus on the creation of new options for firms …
Persistent link: https://www.econbiz.de/10010261002