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Bilateral Oligopoly
Björnerstedt, Jonas; Stennek, Johan - 2001
In intermediate goods markets, both buyers and sellers normally have market power, and sales are based on bilaterally negotiated contracts specifying both price and quantity. In our model, pairs of buyers and sellers meet in bilateral but interdependent Rubinstein-Ståhl negotiations. The...
Persistent link: https://www.econbiz.de/10010334737
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Environmental taxation and the double-dividend: The role of factor substitution and capital mobility
Bovenberg, Ary Lans; de Mooij, Ruud A. - 1995
externalities and raising revenues in the least distortionary way. However, if either fixed or mobile capital enters the production …
Persistent link: https://www.econbiz.de/10010398157
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Inducing human capital formation: Migration as a substitute for subsidies
Stark, Oded; Wang, Yong - 2001
When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. The provision of subsidies for the formation of human capital, conditional on the subsidy being self-financed by tax...
Persistent link: https://www.econbiz.de/10010292740
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Externalities in Recruiting
Kräkel, Matthias; Lammers, Frauke; Szech, Nora - 2011
According to the previous literature on hiring, ?rms face a trade-off when deciding on external recruiting: From an incentive perspective, external recruiting is harmful since admission of external candidates reduces internal workers’ career incentives. However, if external workers have high...
Persistent link: https://www.econbiz.de/10010293365
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Externalities, communication and the allocation of decision rights
Bester, Helmut - 2005
This paper views authority as the right to undertake decisions that impose externalities on other members of the …
Persistent link: https://www.econbiz.de/10010299085
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On the Stability of Hierarchies in Games with Externalities
Currarini, Sergio - 2003
Demange (1994, 2002), extend to partition function games with negative externalities. Under positive externalities, although …
Persistent link: https://www.econbiz.de/10011325041
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Bidding among Friends and Enemies
Ettinger, David - 2003
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011325066
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The core in the presence of externalities
Kóczy, Lásló À. - 2002
We generalise the coalition structure core to partition function games. Our definition relies only on one crucial assumption, namely that there is some internal consistency in the game: residuals of the deviation play a game similar to the initial one, and –whenever this is possible– they...
Persistent link: https://www.econbiz.de/10011335686
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Stable organizations with externalities
Currarini, Sergio - 2002
externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected … graph. Because of the presence of externalities, the profitability of coalitional threats to an organization depend on the … externalities, while the fully connected organization emerges under negative. This result is shown to hold independently of the …
Persistent link: https://www.econbiz.de/10011335721
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Competing Recombinant Technologies for Environmental Innovation
Zeppini, Paolo; van den Bergh, Jeroen C.J.M. - 2010
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10010325877