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 …

labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature … points toward the gains associated to an increase in product market competition coupled with an increased flexibility of the … labour market, we show that even when more product market competition is the policy recommendation, it should be accompanied …

Standard economic wisdom generally stresses the benefits of increased competition on the product market. This paper … proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …, where wages are determined according to an efficiency wage mechanism. We show that an increase in product market competition …

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 …