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This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...
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We apply a monopoly trade union model and analyze employment, wage and budgetary effects of (i) an inflow of migrant …
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(somewhere between the endogenous oligopoly and monopoly prices). While oligopolies benefit consumers regardless of whether …
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