Showing 1 - 10 of 11
private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10010812485
We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...
Persistent link: https://www.econbiz.de/10010558688
contrast, uncertainty about the catastrophic threshold typically causes coordination to collapse. Whether the probability …
Persistent link: https://www.econbiz.de/10010877724
. Whereas agents have a coordination motive to take the same position, at the social level effective market coordination per se …
Persistent link: https://www.econbiz.de/10005765918
Even when labour mobility is low, international integration affectslabour markets by making jobs more mobile. This runs … via product market integration, which is an essential element of European integration. Increasing job mobility aects the …
Persistent link: https://www.econbiz.de/10005406218
Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how …
Persistent link: https://www.econbiz.de/10005094193
This article analyzes the consequences of integration in public education. I show that the flight from the integrated … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education … rich, who can resort to private education. I also analyze the overall society-wide effect of the integration policy and …
Persistent link: https://www.econbiz.de/10009274518
concentration on social integration. The exogenous placement of immigrants “switches off” observable and unobservable differences in …-ethnics increases migrants’ interaction cost with natives and thus reduces the likelihood of integration. …
Persistent link: https://www.econbiz.de/10010877983
-West border; political integration is not rapidly followed by economic integration. Instead, we estimate that it takes at least …
Persistent link: https://www.econbiz.de/10008572489
In the European Union, medicines are regulated products subject to both single market (e.g., regional exhaustion of property rights) and country specific health care regulations (e.g., medicines pricing and distribution regulation). This gives rise to parallel trade (PT), a phenomenon that takes...
Persistent link: https://www.econbiz.de/10011274346