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 …

that fix the number of pharmacies in a city, we use RDD to measure the effect of competition on sellers' ability to extract …

increase product prices, lower competition, and reduce the availability of new products in small markets. The model’s test is …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

platoons. We find that, without competition between groups, individuals are more prone to cooperate altruistically in a … harm those who defect, encouraging a norm of cooperation towards the group. Adding competition between groups causes even …