In this paper we analyze how the presence of loyal versus variety seeking consumers affects manufacturers’ package decisions. Package decisions relate to the price of the package, the quantity of the commodity it contains, and the number of different varieties in it. We first study the optimal...

This paper will be focused on two issues. Firstly, entrepreneurial innovative behaviour will be explained and, investigating the corresponding literature, it will also be concluded that innovation can reasonably be explained by patent behaviour. Secondly, because of the essential role of R&D...

This paper studies corporatism as the outcome of bargaining between the government and a representative labor union. When negotiations between these two parties only relate to macroeconomic stabilization, we show that corporatism can never be beneficial to both parties. As corporatist policies...