Showing 11 - 20 of 16,564
The paper explores second degree price discrimination in a multi- dimensional good context.There are two types of …
Persistent link: https://www.econbiz.de/10005781240
for men and a profitmaximizing firm will offer a higher wage for men than for women in equilibrium. -- Discrimination …
Persistent link: https://www.econbiz.de/10003864479
confined to issues of sex discrimination; rather it is of relevance for all labor markets where labor heterogeneity is … important and supply elasticities vary systematically across occupations. -- Discrimination ; sex discrimination ; occupational … discrimination ; regional discrimination ; selection wages ; efficiency wages ; hiring standards ; monopsony ; employment criteria …
Persistent link: https://www.econbiz.de/10003933163
In 1977 the Japanese Antimonopoly Law introduced the report collecting system on parallel price increases, i.e., price leadership. The substantial aim of this system is to encourage self-restraint with regard to irrational parallel price increase. We investigate some features of price leadership...
Persistent link: https://www.econbiz.de/10005368708
This paper finds an optimal mechanism for selling an indivisible good to consumers who may be budget-constrained. Unlike the case where buyers are not budget constrained, a single posted price is not typically optimal. An optimal mechanism generally consists of a continuum of lotteries indexed...
Persistent link: https://www.econbiz.de/10005200406
We endogenise the objective of a monopoly firm in a general equilibrium context. Within this framework a distributional conflict occurs between shareholders, depending on their endowments. Following a political-economy approach and using voting theory, the production plan of the firm is...
Persistent link: https://www.econbiz.de/10005357603
examine how market power, commitment problems and price discrimination may lead a monopolistice supplier of a network good to …
Persistent link: https://www.econbiz.de/10005256033
This paper analyzes the links between the internal organization of firms and macroeconomic growth. We present a Schumpeterian growth model in which firms face dynamic agency costs. These agency costs are due to the formation of vertical collusions within the organization. To respond to the...
Persistent link: https://www.econbiz.de/10005776197
This paper tackles the issue of optimum product diversity in an imperfectly competitive market with small of large firms. First, it develops a quadratic utility model of monopolistic competition with horizontal product differentiation which avoids some of the main pitfalls of the S-D-S approach....
Persistent link: https://www.econbiz.de/10005779523
Load management programs are used by electric utilities to reduce the amount of reserve capacity that is required in order to meet peak consumption. Although these programs are generally offered to costumers as alternatives to regular service, economic models of their allocative efficiency have...
Persistent link: https://www.econbiz.de/10005486976