Showing 1 - 10 of 185
We study final product manufacturers’ incentives to introduce new products into the market and how they are affected by a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a manufacturers merger, although it leads to an increase in...
Persistent link: https://www.econbiz.de/10010886105
Two types of agents interact on a pre-existing free platform. Agents value positively the presence of agents of the other type but may value negatively the presence of agents of their own type. We ask whether a new platform can find fees and subsidies so as to divert agents from the existing...
Persistent link: https://www.econbiz.de/10005405902
We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade … to trade barriers, barriers to factor flows, barriers to international financial intermediation, solved technological … literature such as trade / GDP ratios. …
Persistent link: https://www.econbiz.de/10005094373
This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental variables approach, the paper estimates flight-frequency reaction functions, which relate an airline’s frequency on a route to its own characteristics and to the frequencies of...
Persistent link: https://www.econbiz.de/10010877953
This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts are derived by analyzing the effects of an increase in...
Persistent link: https://www.econbiz.de/10005094276
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and since a slot-sale regime (with its uniform slot price)...
Persistent link: https://www.econbiz.de/10005405737
equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …
Persistent link: https://www.econbiz.de/10010877858
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … in two thirds of countries, contrary to what models without search frictions predict. Average total gains from …
Persistent link: https://www.econbiz.de/10010948823
This paper describes a search model with a continuum of workerand job types, transferable utility and an increasing … benefitscan reduce the loss by serving as a search subsidy. The loss caused by search frictions is higher when worker types are …
Persistent link: https://www.econbiz.de/10005765705
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …
Persistent link: https://www.econbiz.de/10005766180