provides an estimate of how bargaining power is distributed between patients and physicians …

We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … integration or non-integration is optimal. Our theory thus provides a simple answer to Williamson's "selective …

We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of … equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model …

results in wage setting. It derives a time-varying indicator of union strength and confronts it with annual data for Germany …

A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … impact of commute time on job acceptance decisions. We also use the theory to calculate the bargaining power of workers which …