? National income accounts do not take into account non-market activities. Some progress has been made in the theory and …

evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …

information and sell their output in a homogeneous Cournot-oligopoly. We find that asymmetric information may mitigate or more …

money after bad money.’ However, the few studies using incentives are inconclusive. In addition, evidence on potential …-stage investment task in which an initial investment needs to be made to start a project. In the initial investment stage, the size of … the investment and the responsibility of the investor are exogenously varied. In the second investment stage, participants …

rationing on start-up investment decisions. …

We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity …