. Judaism in Israel illustrates the outcome in a monopoly experiencing potential competition, possibly leading to an oligopoly … ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state … religion. The "New Paradigm" views separation of Church and State, leading to competition in the religious marketplace, as …

perfect competition, the global fields of the dysfunctional market system have mushroomed in what we call Warrant Economics … distorted competition and accelerated economic concentration. We view the income distribution effect, which favours the top 1 …%, and the business concentration effect, which gravitates competition towards oligopolistic/monopolistic industries, as the …

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model … of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions. …

capital externalities are at work. A large initial share of high-skilled workers significantly reduces subsequent growth of …

This paper addresses the questions of what is an economically efficient pension system, what are the externalities and … conclusion is that NDC is neutral in terms of externalities. It manages the risks and eliminates the negative externalities …

individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the …