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that fix the number of pharmacies in a city, we use RDD to measure the effect of competition on sellers' ability to extract …
Persistent link: https://www.econbiz.de/10010959741
increase product prices, lower competition, and reduce the availability of new products in small markets. The model’s test is …
Persistent link: https://www.econbiz.de/10005566538
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …
Persistent link: https://www.econbiz.de/10010635587
governments that are prepared to bar competition in exchange for political rent. Our results show that the retail-import price …
Persistent link: https://www.econbiz.de/10011265646
of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions. …
Persistent link: https://www.econbiz.de/10005233728
In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. We show that in models for such markets there are typically multiple equilibria because...
Persistent link: https://www.econbiz.de/10005822460
This paper develops a theory of consumer boycotts. Some consumers care not only about the products they buy but also …
Persistent link: https://www.econbiz.de/10005763579
Recent human capital theories predict that labor market frictions and product market competition influence firm …, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through …
Persistent link: https://www.econbiz.de/10008530645
We consider a labour market model of oligopsonistic wage competition and show that there is a holdup problem although …
Persistent link: https://www.econbiz.de/10005703037
’ workers. Finally, Cournot competition takes place. When two product markets become integrated, that is, replaced by a market …
Persistent link: https://www.econbiz.de/10005566526