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The human capital model predicts that in equilibrium and in the absence of discrimination units of human capital possessed by individuals are paid the same rentals. This would hold also when comparing private and government sectors. Only non-pecuniary rewards such as better job security of...
Persistent link: https://www.econbiz.de/10010684514
information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
Persistent link: https://www.econbiz.de/10005082491
No abstract.
Persistent link: https://www.econbiz.de/10010611584
No abstract.
Persistent link: https://www.econbiz.de/10010611597
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason it seems appropriate to reconsider current practice in...
Persistent link: https://www.econbiz.de/10005670113
Markets with imperfect competition do not induce a cost-minimizing allocation of production between firms. The market …
Persistent link: https://www.econbiz.de/10005670124
Persistent link: https://www.econbiz.de/10005671122
competition. They are necessairy both selective and superficial. Multinationals are conspicuous by their absence, and the reader …
Persistent link: https://www.econbiz.de/10005780372
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …
Persistent link: https://www.econbiz.de/10005419538
The competitive effect of international market integration in industries with imperfect competition is of great policy …
Persistent link: https://www.econbiz.de/10005639291