In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …

This paper explores the effects of offshoring, technology and Chinese import competition on labor market polarization … we also find some tentative evidence that Chinese import competition contributed as well. In other private industries … find that Chinese import competition contributed to the decline of employment in the less polarized manufacturing …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …