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De Pinto, Marco; Goerke, Laszlo - 2019

In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of … distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …

Persistent link: https://www.econbiz.de/10012015904

Tax policy, location choices, and market structure

Pfann, Gerard A.; Kranenburg, Hans L. van - 2002

A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can …

Persistent link: https://www.econbiz.de/10011411458

Market distortions and political rent : the case of fertilizer price divergence in Africa

Shimeles, Abebe; Gurara, Daniel Zerfu; Tessema, Dawit … - 2015

We examine the fertilizer retail-import price gap in 14 African countries between 2002 and 2013. This price differential is large and remains persistent even after accounting for changes in the cost of domestic transportation. We hypothesize that these persistent deviations may be indicative of...

Persistent link: https://www.econbiz.de/10010510574

When the baby cries at night : inelastic buyers in non-competitive markets

Calzolari, Giacomo; Ichino, Andrea; Manaresi, Francesco; … - 2014

We investigate empirically how sellers react to changes in the population of their consumers, identifying the effects of demand composition and demand size with limited information on costs. We show how pharmacists in Italy selectively increase the price of some products when they observe in...

Persistent link: https://www.econbiz.de/10010409981

Holdup in oligopsonistic labour markets : a new role for the minimum wage

Kaas, Leo (contributor); Madden, Paul (contributor) - 2006

We consider a labour market model of oligopsonistic wage competition and show that there is a holdup problem although workers do not have any bargaining power. When a firm invests more, it pays a higher wage in order to attract workers from competitors. Because workers participate in the returns...

Persistent link: https://www.econbiz.de/10003301661

Labor market power and development

Armangué-Jubert, Tristany; Guner, Nezih; Ruggieri, … - 2023

countries. We structurally estimate a model of oligopsony with free entry for countries at different stages of development and …

Persistent link: https://www.econbiz.de/10014394242

Cross-border mergers and national champions in an integrating economy

Südekum, Jens (contributor) - 2006

and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of … trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct "synergy" effects of mergers …. Cross-border M&A is privately and socially more attractive than domestic mergers. National competition policy may be too …

Persistent link: https://www.econbiz.de/10003355552

Information and learning in oligopoly : an experiment

Bigoni, Maria; Fort, Margherita - 2013

choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited … higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning …

Persistent link: https://www.econbiz.de/10009683019

Human capital externalities with monopsonistic competition

Kaas, Leo (contributor) - 2008

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions. -- Externalities ; human capital ; multiple equilibria

Persistent link: https://www.econbiz.de/10003759894

Effects of credit supply on unemployment and inequality

Bandyopadhyay, Subhayu; Dinopoulos, Elias; Unel, Bulent - 2016

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...

Persistent link: https://www.econbiz.de/10011494040

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