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reduce lobbying. However empirical evidence suggests that this is not always the case. This paper attempts to explain the … measure lobbying in two ways: (i) the number of lobbies formed under the two settings and, (ii) their impact on policy … will always have an effect on policy decision. Under centralization, if lobbies form, lobby competition may completely …
Persistent link: https://www.econbiz.de/10005094232
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10005766293
of the trade union. Intensified product market competition decreases profit sharing, but increases the negotiated base … higher wage elasticity of labor demand. Finally, we show that intensified product market competition does not necessarily …
Persistent link: https://www.econbiz.de/10005181363
Our study puts special attention to the fact that R&D cooperations in the pharmaceutical industry are formed at different stages throughout the drug development process. We study if the timing to engage in R&D cooperations in the pharmaceutical industry has different impacts on the technology...
Persistent link: https://www.econbiz.de/10010734328
We study the impact of barriers to entry on workplace training. Our theoretical model indicates that there are two contrasting effects of deregulation on training. With a given number of firms, deregulation reduces the size of rents per unit of output that firms can reap by training their...
Persistent link: https://www.econbiz.de/10008583639
This paper studies the effects on electoral competition of political parties relying on monetary donations and …
Persistent link: https://www.econbiz.de/10010548149
In public good provision, privileged groups enjoy the advantage that some of its members find it optimal to supply a positive amount of the public good. However, their inherent asymmetric nature may make the enforcement of cooperative behavior through informal sanctioning harder to accomplish....
Persistent link: https://www.econbiz.de/10005094348
threshold is uncertain. Theory suggests that behavior should differ dramatically either side of a dividing line for threshold …
Persistent link: https://www.econbiz.de/10010743452
We investigate situations in which players make costly contributions as group members in a group conflict, and at the same time engage in contest with fellow group members to appropriate the possible reward. We introduce within group power asymmetry and complementarity in members’ efforts, and...
Persistent link: https://www.econbiz.de/10011103399