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The paper presents the differences between the design of a closed and an open team sports league. Then it compares the theoretical models of a closed league with profit maximizing clubs and an open league with win maximizing clubs. Both models are now outdated by a Nash equilibrium model which...
Persistent link: https://www.econbiz.de/10010635114
secondary market where independent remanufacturers enter the competition. An environmental regulation imposing a minimum level … regulation. However, if an environmental regulation is to be implemented, collusion should be repressed since competition …
Persistent link: https://www.econbiz.de/10010635128
This paper tests the impact of competition on the hiring process in the French retail sector. Following the Becker …'s theory, higher the competition, lower is discrimination. Using local Herfindhal-Hirschman indexes, a correspondence study … ensures to observe how competition affects discrimination. A strong employment gap is observable between French natives and …
Persistent link: https://www.econbiz.de/10010635225