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Most demand - especially labor demand - is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand.
Persistent link: https://www.econbiz.de/10010439375
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand. -- derived demand ; indirect demand...
Persistent link: https://www.econbiz.de/10003333109
Weyl and Fabinger (2013) analyze the social incidence of competition and theoutput and welfare effects of third-degree price discrimination by considering thehypothetical entrance of exogenous quantity into a market. The formulas they use forthis purpose, however, are correct only for marginal...
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A common aim of rent control is to assist low-income households. We test the income-distributional effects of rent control with a novel dataset that includes characteristics of those who received rent-controlled apartments between 2011 and 2016 in central Stockholm, Sweden, through a centrally...
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This dissertation is composed of five chapters that investigate the extent and role of economic rent in distribution contracts between manufacturers and dealers. Manufacturers often devise contractual mechanisms that enable downstream dealers to earn economic rent. One such mechanism is the...
Persistent link: https://www.econbiz.de/10009476986
Entry in a homogeneous Cournot oligopoly can be excessive if there is business stealing. Since this excessive entry prediction has been established, a variety of circumstances have been identified which allow for insufficient entry, despite the business stealing externality. This paper shows...
Persistent link: https://www.econbiz.de/10014516689