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A Product Market Theory of Worker Training
Gersbach, Hans; Schutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10010262533
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Horizontal mergers, involuntary unemployment, and welfare
Budzinski, Oliver; Budzinski, Jürgen-Peter - 2009
neglected. We introduce them into a standard oligopoly model of horizontal merger by assuming an (empirically supported …
Persistent link: https://www.econbiz.de/10010321682
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Oligopolistic Competition in Price and Quality
Dubovik, Andrei; Janssen, Maarten C.W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10010325731
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Market competition, R&D and firm profits in asymmetric oligopoly
Ishida, Junichiro; Matsumura, Toshihiro; Matsushima, Noriaki - 2010
loss that arises from more intense market competition: the low-cost firms' profits may indeed increase with the number of …
Persistent link: https://www.econbiz.de/10010332211
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Endogenous growth and cycles with a continuum of technologies
Horii, Ryo - 2001
When a continuum of technologies is introduced to the model of Grossman and Helpman (1991), both continuous and discrete technological progress may occur as a result of technology choices by private firms. A good is created through R&D based on one of a continuum of technologies that differ in...
Persistent link: https://www.econbiz.de/10010332272
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Technology choice and international trade
Schmidt, Gabriela - 2010
This paper develops two extensions of the dynamic model presented in Melitz (2003). The first extension consists in the introduction of technology choice between three alternative production technologies: L, M and H. L is assumed to be the same as Melitz's single production technology, while M...
Persistent link: https://www.econbiz.de/10010265957
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Climate policy as expectation management?
Narita, Daiju - 2010
It is believed that the primary economic solution to climate change is an introduction of a carbon pricing system anchored to the social cost of carbon, either as a form of tax or tradable permits. Potentially significant externalities accompanying the introduction of emission-reducing...
Persistent link: https://www.econbiz.de/10010267264
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Climate policy as expectation management?
Narita, Daiju - 2011
It is often emphasized that the primary economic solution to climate change is the introduction of a carbon pricing system (tax or tradable permits) anchored to the social cost of carbon. This standard argument, however, misses the fact that if emission reduction is sought through the use of...
Persistent link: https://www.econbiz.de/10010285486
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Competitive targeted marketing
Jo, Hang-Hyun; Kim, Jeong-Yoo - 2012
In this paper, we consider two firms diffusing incompatible technologies and their decision of consumer targeting. The technology adoption is made in two steps. First, once the firms sell their products to their respective targeted consumer, the technology is diffused successively by...
Persistent link: https://www.econbiz.de/10010332486
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The impact of voluntary environmental agreements on firms' incentives for technology adoption
Lehmann, Markus A. - 2000
The paper reconsiders the Porter hypothesis in an offer/counter-offer bargaining model, in which a welfare-maximising regulator and an industry representative negotiate over which regulatory instrument to apply with which stringency. The possibility to contest planned regulation in the political...
Persistent link: https://www.econbiz.de/10011608673