We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure…
Many public goods can be provided at different spatial levels. Evidence from social identity theory and in-group favoritism raises the possibility that where higher-level provision is more efficient, subjects’…
It has been postulated that personal experience of climate change-related weather events may reduce the psychological distance to climate change and trigger engagement in climate protection measures. We use a…
The authors diagnose a lack of evidence-based arguments in the discussions about urban air pollution and highway speed limits that leads to deadlock and does not further the debate. Two aspects stand out…
Countries with high income inequality also show a strong association between parents’ and children’s economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in…
Reducing rigidity in labor markets is key to lowering unemployment. Theoretical models suggest that the impact of such reforms depends on the country-specific regulatory framework. We test this hypothesis by…
