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are of monopolistic structure. Moreover, a monopoly-duopoly model is considered, where only the reader market is …
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This paper analyses the quality provision of interrelated market firms under different market structures both theoretically and empirically. A theoretical model is built, where a media firm offers newspapers in a primary market and advertising space in the secondary market. Furthermore, the...
Persistent link: https://www.econbiz.de/10001789506
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This paper questions the three standard propositions used by politico-economic models of growth and distribution according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary taxation; and (3) higher...
Persistent link: https://www.econbiz.de/10001789436