voluntarily under PWYW. Furthermore, to see how competition affects the viability of PWYW, we implement markets in which a PWYW …

, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …

-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) output may be reduced by …

that the monopoly platform does not introduce distortions over and above those arising from the market power of the … same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms …

typically noisy. Also, the market for information tends to be a monopoly, and there is typically inefficiency given by …

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find …, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the … consequences of product market deregulation. Thereby, we take into account that labor market reforms are subject to national policy … decisions and thus associated with unilateral intervention, while product market deregulation is determined at an international …