We apply a monopoly trade union model and analyze employment, wage and budgetary effects of (i) an inflow of migrant …

We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up … reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed … (somewhere between the endogenous oligopoly and monopoly prices). While oligopolies benefit consumers regardless of whether …