Over the years, egalitarian philosophers have made some challenging claims about the nature of egalitarianism. They have argued that the Rawlsian leximin principle is not an egalitarian idea; that egalitarian reasoning ...

We develop a model where trade liberalization leads to skill-biased technological change, which in turn raises the relative return to skilled labor. When firms get access to a larger market, the relative profitability of ...

The paper explores second degree price discrimination in a multidimensional good context. There are two types of consumers with demand described by a two-dimensional vector, a quantity dimension and a service attribute ...

A horizontal merger is unlikely to be profitable unless it involves the large majority of firms in an industry. This well established result was developed by Salant et al (1983) in a closed economy setting. The present ...

Amartya Sen, in his most recent book Development as Freedom, argues that expansion of human freedom should both be viewed as the primary end and the principle means of development. This paper provides an overview and a ...

This paper studies strategies pursued by banks in order to differentiate their services from those of their rivals. In that way competition among banks is softened. More specifically we analyze if the bank size, the ...

The literature on international tax competition has shown how increased international mobility of the tax base may create a downward pressure on tax rates and give rise to increased inequality in disposable income. This ...

This paper deals with two questions: First, what are the determinants of FDI? Second, what is the role of FDI in economic development? In order to provide some answers to these questions, we draw upon the existing ...

In an uncertain business climate, multinational enterprises must take account of future exit costs in deciding where to locate a branch plant. We study how differences in national labour-market conditions between countries ...

In this paper we analyze the market for broadband access. A key feature of this market is that it is considerably more expensive to connect consumers in rural locations than in urban locations. We show that while competition ...