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This paper studies how social background affects schooling attainment and job opportunities from a theoretical perspective. We analyse the in-teraction between a school and an employer when students attend school and then go to the job market. Students diÞer in ability and belong to different...
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We examine the relationship between competition and innovation in an industry where production is polluting and R&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide their investment in "green" R&D. When environmental...
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The authors modify the price-setting version of the vertically differentiated duopoly model by Aoki (Effect of Credible Quality Investment with Bertrand and Cournot Competition, 2003) by introducing an extended game in which firms noncooperatively choose the timing of moves at the quality stage....
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