This paper examines the recruitment process of firms. We test whether firms search sequentially or non …. We distinguish between different types of recruitment methods. We find that the sequential hiring is rejected for a … applications by job seekers. Informal recruitment methods tend to imply sequential search. …

differentiated. Thereby the competitive pressure falls, possibly resulting in higher newspaper prices and reduced quality investments. …

Newspapers have an incentive to moderate their profile in order to gain a larger readership and thus higher advertising …

In this provocative book, C. Edwin Baker argues that print advertising seriously distorts the flow of news by creating … a powerfully corrupting incentive: the more newspapers depend financially on advertising, the more they favor the … interests of advertisers over those of readers. Advertising induces newspapers to compete for a maximum audience with blandly …