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This paper examines the relative burden of monopoly, measured as the (static) loss of consumers' surplus for different household income levels. Australian Household Expenditure Survey data are used to generate demand elasticities for 14 commodity groups and to obtain estimates of the relative...
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We study how workers' concern for coworkers' ability (CfCA) affects competition in the labor market. We consider two firms offering nonlinear contracts to a unit mass of prospective workers. Firms may differ in their marginal productivity, while workers are heterogeneous in their ability (high...
Persistent link: https://www.econbiz.de/10012882431
We study how workers' concern for coworkers' ability (CfCA) affects competition in the labor market. We consider two firms offering nonlinear contracts to a unit mass of prospective workers. Firms may differ in their marginal productivity, while workers are heterogeneous in their ability (high...
Persistent link: https://www.econbiz.de/10012698649
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We study competition in two sided markets with common network externality rather than with the standard inter-group e¤ects. This type of externality occurs when both groups benefit, possibly with different intensities, from an increase in the size of one group and from a decrease in the size of...
Persistent link: https://www.econbiz.de/10014202500