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We introduce consumers with intrinsic privacy preferences into the monopolistic non-linear pricing model. Next to classical consumers, there is a share of data-sensitive consumers who incur a privacy cost if their purchase reveals information to the monopolist. The monopolist discriminates...
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I analyze a model of directed search in which a consumer inspects a finite number of products sharing attributes with each others. The consumer discovers her valuation for the attributes of the inspected products and adapts her search strategy based on what she has learned. The consumer...
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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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