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There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in volunt...

ABSTRACT We use data on ownership structures of large corporations in 27 wealthy economies to identify the ultimate controlling shareholders of these firms. We find that, except in economies with very good shareholder pr...

Increasing attention to higher education policies in the knowledge-based society makes important to understand the relationship between socio-economic family characteristics and educational choices. This paper considers ...