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We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …
Persistent link: https://www.econbiz.de/10011373823
Much attention has been paid to the influence of the institutional form of waste collection on costs. We extend this literature in three directions by including the unit-based pricing system. First, we show that unit-based pricing systems are more important from a cost-minimizing point of view...
Persistent link: https://www.econbiz.de/10010226974
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The continuing deterioration of the position of low skilled workers in the beginning of the 90's in essentially all industrialized countries is one of the most debated issues in both labor and macro-economics. In this paper a matching model with low and high skilled workers and simple and...
Persistent link: https://www.econbiz.de/10011302133
socially excessive number of applications; and (vii) the only way to obtain efficiency is to impose a mandatory wage that …
Persistent link: https://www.econbiz.de/10011335208
-sequentially using data compiled from filled vacancies. According to theory, in case of sequential hiring, the number of applicants is …
Persistent link: https://www.econbiz.de/10011337993
In this paper we study how congestion and residential movingbehaviour are interrelated using a two-region job search model. Workerschoose optimally between interregional commuting and residential movingto live closer to the place of work. This choice affects the external costs ofcommuting due to...
Persistent link: https://www.econbiz.de/10011338004