Showing 1 - 10 of 108
increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …
Persistent link: https://www.econbiz.de/10011401020
We investigate experimentally how the menstrual cycle affects bargaining behavior and bargaining outcomes of women. Female participants negotiate in an unstructured bilateral bargaining game with asymmetric information about the allocation of a surplus ('pie size'). We find that the menstrual...
Persistent link: https://www.econbiz.de/10014464113
This paper studies intercollegiate athletics in the context of the theory of cartels. Some point to explicit attempts by the National Collegiate Athletic Association (NCAA) to restrict output and payments for factors of production as evidence of cartel behavior. Others argue that such limits...
Persistent link: https://www.econbiz.de/10003339779
We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration. Among firms where we can identify at least one owner, 31...
Persistent link: https://www.econbiz.de/10012513226
Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...
Persistent link: https://www.econbiz.de/10014484556
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10011958679
. -- sport ; monopsony ; monopoly power …
Persistent link: https://www.econbiz.de/10003339770
This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and … heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …
Persistent link: https://www.econbiz.de/10003939090
ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state …. Judaism in Israel illustrates the outcome in a monopoly experiencing potential competition, possibly leading to an oligopoly … structure. -- religion ; religious marketplace ; new paradigm ; monopoly ; competition ; Judaism …
Persistent link: https://www.econbiz.de/10009699440
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using German administrative linked employer-employee data for the years 1985-2010 and an estimation framework based on duration models, we construct a time series of the firm-level...
Persistent link: https://www.econbiz.de/10010222161