This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...

Many important economic questions arising in auctions can be answered only with knowledge of the underlying primitive distributions governing bidder demand and information. An active literature has developed aiming to estimate these primitives by exploiting restrictions from economic theory as...

The Dutch wholesale markets for energy are still impeded by various bottlenecks, as a result of which the costs for energy consumers are higher than they should be in well-functioning markets. Simply making more efficient use of the import infrastructure could save energy consumers several tens...

We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set individual prices, and thus engage in third-degree price discrimination. Simulated prices and quantities from the model exhibit the key features observed in a set of high quality...

The purpose of this work is to draw a panorama of the evolution of the restructuring strategies of the transnational firms in the world wine industry across the period 1980-2005. The main forms of development of these firms - mergers, acquisitions, and joint ventures - are identified based on an...

Based on a neo-institutionalist theoretical framework and using the Agrodata databank, the present paper analyses the main drivers underlying the restructuring operations of the top 100 multinational food processing enterprises worldwide and draws the map of the world's new agri-food landscape....

In a process of world economic domination by an agro-industrial and agro-tertiary food system, the author wonders about the feasibility of an alternative model. The intensive agro-industrial model (financiarized, concentrated, specialized and globalized), allows remarkable results in terms of...

This study undertakes a systematic experimental investigation of the relationship between market power and labor market structure (concentration and capacity conditions) when workers and employers preferentially match based on past worksite experiences. For each tested market structure, workers...

This paper is a study of the potential of Bulgarian small and middle-sized enterprises (SMEs) for growth and improving their competitive advantages on domestic and international markets. To this end an analysis of the main economic indicators as well as some hidden reserves for improving the...

This paper aims at investigating the effects of concentration on competition and cost efficiency of the French audit market. Competition is measured with the Rosse-Panzar model, while cost efficiency is estimated with stochastic frontier approach. Cost efficiency levels are estimated at around...