In markets with search frictions, consumers can acquire information about goods either through costly search or from friends via word-of-mouth (WOM) communication. How do sellers’ market power react to a very…
In many markets buyers are poorly informed about which firms sell the product (product availability) and prices, and therefore have to spend time to obtain this information. In contrast, sellers typically have a…
Familienbedingte Auszeiten, Teilzeitarbeit, schlechter bezahlte Berufe – die Ursachen für das unterschiedliche Einkommensniveau zwischen Frauen und Männern sind vielfältig. In der elften Folge des #ZEWPodcasts…
