Showing 1 - 10 of 218
Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that … more intense competition may have the negative side-effect of eroding tax revenues by increasing tax evasion. This will be … weakly concave or convex and inelastic. The desirable result of more competition, less evasion and higher tax revenues will …
Persistent link: https://www.econbiz.de/10013316822
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one-dimensional problems such that the two solutions together replicate...
Persistent link: https://www.econbiz.de/10012828121
Real-world negotiations differ fundamentally from existing bargaining theory. Inspired by the Paris Agreement on climate change, this paper develops a novel bargaining game in which each party quantities its own contribution (to a public good, for example), before the set of pledges must be...
Persistent link: https://www.econbiz.de/10012892276
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014358405
more agressive, which triggers price competition and potentially deters entry by generic producers. To investigate the … branded and generic drug prices and branded market shares. Despite fiercer price competition, the number of generic producers …
Persistent link: https://www.econbiz.de/10014080046
We study the relationship between regulatory regimes and pharmaceutical firms' pricing strategies using a unique policy experiment from Norway, which in 2003 introduced a reference price (RP) system called "index pricing" for a sub-sample of off-patent pharmaceuticals, replacing the existing...
Persistent link: https://www.econbiz.de/10013316907
We modify the paper of Stahl (1989) on sequential consumer search in an oligopoly context by relaxing the assumption …
Persistent link: https://www.econbiz.de/10010261082
This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10010261272
DTCA if detailing competition is not too fierce, which is true if investing in detailing is sufficiently costly. Otherwise …
Persistent link: https://www.econbiz.de/10010261296
In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...
Persistent link: https://www.econbiz.de/10010270554