|
Title:
|
Essays in microeconomics: Wage subsidy in an optimal redistribution program and bundling hardware and software |
|
Author:
|
Zarovnyi, Alexei |
|
Advisor:
|
Mieszkowski, Peter |
|
Degree:
|
Doctor of Philosophy thesis |
|
Abstract:
|
My dissertation consists of two unrelated essays. In the first essay, "Wage Subsidy in an Optimal Redistribution Program", I analyze the efficiency of income transfers and wage subsidies as instruments of income redistribution in an optimal taxation framework. I extend the Mirrlees model (1971) of income inequality by specifying a model in which individuals' productivity and wages depend on investment in skill acquisition in addition to ability. The principal result of the research is that a wage subsidy has an important role to play in an optimal system of income maintenance. In the second essay, "Bundling Hardware and Software", a class of simple models is analyzed to explain prevailing bundling practices in computer markets. A profit-maximizing monopolist may over-provide hardware-software bundles, practice "pure bundling" when preferences are symmetric with respect to software, and under-bundle and under-produce software when preferences are asymmetric. |
|
Citation:
|
Zarovnyi, Alexei. "Essays in microeconomics: Wage subsidy in an optimal redistribution program and bundling hardware and software." Doctoral Thesis, Rice University, ETD http://hdl.handle.net/1911/18054. |
|
Citable link to this page:
|
http://hdl.handle.net/1911/18054 |
|
Date:
|
2000 |
