Showing 1 - 10 of 27
This Paper develops an argument explaining why retail prices may rise in response to the deregulation of opening hours. We make this point in a model of imperfect duopolistic competition. In a deregulated market retailers view the choice of opening hours as a means to increase the degree of...
Persistent link: https://www.econbiz.de/10005497961
producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over …
Persistent link: https://www.econbiz.de/10011083898
This Paper investigates how the formation of larger buyers affects a supplier's profits and, by doing so, his incentives to undertake non-contractible activities. We first identify two channels of buyer power, which allows larger buyers to obtain discounts. We subsequently examine the effects of...
Persistent link: https://www.econbiz.de/10005661473
This Paper analyses the impact of retail mergers on product variety. We show that a merging firm may want to enhance its buyer power vis a vis suppliers by delisting products and committing to a ‘single-sourcing’ purchasing strategy. Anticipating this, suppliers will strategically choose to...
Persistent link: https://www.econbiz.de/10005791918
We develop a model of competition between retailer chains with a structural estimation of the demand and supply in the supermarket industry in France. In the model, supermarkets compete in price and brand offer over all food products to attract consumers, in particular through the share of...
Persistent link: https://www.econbiz.de/10008530346
This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether...
Persistent link: https://www.econbiz.de/10009275963
Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....
Persistent link: https://www.econbiz.de/10005504401
Efficient measures are often not implemented because of their potentially damaging effects on distribution, yet these … when we can separate the effect on efficiency from the effect on distribution, that is when Gorman aggregation applies, the … well-known result that aggregate effects can be computed independently of the distribution can be accompanied by a similar …
Persistent link: https://www.econbiz.de/10005504425
size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not … obviously apply in explaining the size-distribution of countries. The similarity of city- and country-size distributions is an …
Persistent link: https://www.econbiz.de/10005497861
This article offers an overview of the empirical and theoretical research on the long run evolution of wealth and inheritance. Wealth-income ratios, inherited wealth, and wealth inequalities were high in the 18th-19th centuries up untilWorldWar 1, then sharply dropped during the 20th century...
Persistent link: https://www.econbiz.de/10011083954