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This paper seeks to provide a simpler explanation of the Match Quality Hypothesis (MQH). For the less mathematically inclined, it avoids formal analysis and yet derives the relevant implications, i.e., if unemployed workers currently collecting unemployment benefits are given more benefits, both...
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The traditional structure-conduct-performance framework makes the explicit prediction that market structure determines market conduct, performance and power. The primary goal of this study is to evaluate this prediction using the South African (SA) short-term auto insurance market. The empirical...
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The authors undertake an empirical examination of the hypothesized relationship between political variables and regulatory commission behavior (i.e., utility rate levels). Focusing on five political variables, they find evidence to support the argument that political factors do effect electric...
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