We provide a number of insights into the nature and consequences of monopsony power through the lens of comparative advantage, where employers’ power in wage setting stems from match-specific rents.

This article explores how the comparative advantage economics concept defined by David Ricardo applies to startups in different scenarios.

Johan Torstensson, Country Size and Comparative Advantage: An Empirical Study, Weltwirtschaftliches Archiv, Bd. 134, H. 4 (1998), pp. 590-611 ...

The notion of comparative advantage also extends beyond physical goods to trade in services—such as writing computer code or providing financial products. Because of comparative advantage, trade ...

Comparative advantage is real, but it won’t stop A.I. from taking over everything if it’s better at everything and computing keeps getting cheaper, Restrepo said.

Economist Dr Justin Ram is calling for fundamental change in the economic model used by Caribbean countries “if we want to ...

That is, Ricardo on trade and comparative advantage might be 200 years old today but it's all still entirely relevant. And thus, of course, we really should get to grips with the only logically ...

Ricardo's original model of comparative advantage involved two countries and two commodities, cotton and wine. But it was abstracted from actual history.