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. We use probability theory to derive initial results, including both distribution-independent and distribution … power depend on the configuration of agreements and disagreements; (2) Independence of mind reduces wage inequality, and … cross-context mixtures will display a wide variety of shapes. -- Wage-setter ; power ; consensus ; independence of mind …
Persistent link: https://www.econbiz.de/10003778992
five in the unification of three fundamental sociobehavioral forces -- justice, status, and power -- and the subsequent …
Persistent link: https://www.econbiz.de/10003460687
given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in … effect of ideological predispositions and power on the efforts of the interest groups. -- policy formation ; political …
Persistent link: https://www.econbiz.de/10009675135
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed. …
Persistent link: https://www.econbiz.de/10012019199
A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is based on a unique nationwide fiscal experiment. We...
Persistent link: https://www.econbiz.de/10011411458
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
Adam Smith alleged that secret employer collusion to reduce labor earnings is common. This paper examines an important case of such behavior: no-poach agreements through which technology companies agreed not to compete for each other’s workers. Exploiting the plausibly exogenous timing of a US...
Persistent link: https://www.econbiz.de/10012698177
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We …
Persistent link: https://www.econbiz.de/10003392741
We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between … majority represents a threat to the de facto power of white elites. Moreover, the effect of race becomes stronger after 1890 …
Persistent link: https://www.econbiz.de/10009569273
We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not … time. -- family economics ; intra-household decision power ; gender differences …
Persistent link: https://www.econbiz.de/10009550740