The paper focuses on markets in which firms with different ownership structures compete with each other in a one-period Nash-Cournot setting. In particular the market outcome of a duopoly of one marketing cooperative and one private wholesaler (cooperative mixed duopoly) is compared to the...

The number of times that an article is cited has served as an indicator of both its creativity and impact (Feist, 1994; Griggs & Proctor, 2002). In this study, we investigated the relationship between citations and two very simple variables—the number of authors and the number of separate...

Internet firms charge a wide range of prices for such homogeneous products, and high-priced firms remain high-priced and low-priced firms remain low-priced over long periods. One explanation is that high-price firms are charging a premium for superior service. An alternative explanation is that...

Conventional approaches to estimating the effect of minimum wages on teen employment insufficiently account for heterogeneous employment patterns and selectivity of states with higher minimum wages. We overcome this problem by using policy discontinuities at state borders. Our estimates from...

Workers face declining pay-offs during a strike. The consequence of this is explored in a non-cooperative sequential bargainingsubgame perfect equilibrium wage is a weighted average of the standard bargaining solution game of alternating offers. It turns out that the in the literature and the...

This study uses the National Educational Longitudinal Survey of 1988 (NELS) to replicate both the analysis in The Bell Curve and that of several of its previous replications. We examine the relative importance of test scores and family background in predicting dropping out of high school,...

This paper utilizes a rich data set on workers and their employers in the US and Japan to test several predictions of human capital theory. The data set incorporates both prospective and retrospective measures of turnover, includes multiple measures of training, and provides a basis for...