This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …

qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to …

. Employing the framework of home production, we trace differences in demand to differences in the opportunity costs of activities …, which are associated with investments in human capital. Schooling alters time costs and changes the variety of activities …

politicians accountable once they are in office. Competition plays a relevant role, as the effects are not limited to the first …

seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple – a bonding …, formal measures of severance-induced firing costs and hiring costs are derived. Firing costs are, it turns out …, systematically less than benefit generosity alone would imply. Moreover their interrelationship with hiring costs, often employed in …

paper, we show that frictions in the labour market leading to monitoring costs tend to reduce the growth of the firm via two …

contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and … costs and quality, for services without severe contracting problems. The picture is more mixed for services with tougher …

We develop a standard search-matching model in which mobility costs are so high that it is too costly for workers to … and commuting costs because firms need to compensate the transportation cost difference between the employed and … unemployment benefit because an increase in the latter induce firms to create less jobs, which, in turn, reduces the competition in …