In this paper, a worker's productivity is assumed to depend on his own quality and on the average quality of other … workers in the same country. The external effects associated with worker quality give rise to increasing returns to average … worker quality. As a result, free migration generally reduces world output. Within each country, social benefits that induce …

In this paper, a worker s productivity is assumed to depend on his own quality and on the average quality of other … employed workers.In this setting, unemployment benefits that induce low quality workers to leave the labor force have important … relatively high unem-ployment benefits may be favored by a coalition of the unemployed and of high quality employed workers. …

Background: General Practitioners have limited means to compete. As quality is hard to observe by patients, GPs have … incentives to signal quality by using instruments patients perceive as quality.<br/>Objectives: We investigate whether GPs … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients …

Factory Gate Pricing (FGP) is a relatively new phenomenon in retail distribution.Under FGP, products are no longer …

A recent string of theoretical papers highlights the importance of geographical distance in explaining pricing and …

This paper investigates the pricing of Dutch index warrants. It is found that when using the historical standard …