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This article analyses a model in which a local monopolist that produces low-quality goods competes against a foreign competitive industry that produces a higher quality version of the goods. We use the model to analyse the welfare implications of introducing a unit tax on the local producer,...
Persistent link: https://www.econbiz.de/10010976413
This paper studies technology choice as a relevant aspect to be considered when analyzing price discrimination and welfare. Our results reinforce the traditional wisdom that an increase in output is a necessary condition for price discrimination to improve social welfare. But we also find that...
Persistent link: https://www.econbiz.de/10010612051
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This paper presents a method to make measurable what was not: the discourses of politicians regarding decentralization. For this purpose, we develop a “matrix of arguments” and a set of indexes, and apply them to provide a snapshot of the politicians’ views on the “General Law of...
Persistent link: https://www.econbiz.de/10005568773
Purpose: The main goal of this paper is to evaluate the players' contribution and economic value in the soccer industry. Media visibility records provide us with comparable metrics to identify talent and make hiring decisions – these records can jointly capture sport (on-field) skills and...
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Sport talent and popularity are major assets on which some businesses develop their economic activities. Professional football is one of the markets that, being among the principal industries of entertainment, depend on the skills of players. This paper uses media value ratings to appraise the...
Persistent link: https://www.econbiz.de/10011500013
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