the excessive entry prediction. Tax evasion raises the number of firms in market equilibrium and can alter their welfare … the direct welfare consequences of tax evasion and the relationship between evasion and the tax base. We also determine … conditions which imply that overall welfare declines with tax evasion. …

entry and raises welfare. Furthermore, we show that collective bargaining loosens the linkage between business stealing and …

determined by the direct welfare consequences of tax evasion and the relationship between evasion and the tax base. We also … determine conditions which imply that overall welfare declines with tax evasion. …

Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … welfare. We find that an increase in the union's bargaining power raises welfare if the (inverse) demand curve is …

distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …

How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a … Cournot oligopoly in which firms produce a homogeneous commodity and market entry is feasible. Marginal costs are unknown ex …-up. Furthermore, the welfare loss due to oligopoly tends to increase with uncertainty. …

distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …

distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …

Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … welfare. We find that an increase in the union's bargaining power raises welfare if the (inverse) demand curve is …

distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …