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impact of the A-D policy on quality choices is taken into account, European Welfare as well as profits accruing to the …-stage model with quality choice made before price competition takes place, we show that EU antidumping policy that takes the form …
Persistent link: https://www.econbiz.de/10005065378
We consider a finite number of firms which compete imperfectly for heterogenous workers. Firms produce a homogeneous good sold on a competitive market and face demand-induced price fluc- tuations. It is then shown that unemployment may arise in equilibrium because of uncertainty on product...
Persistent link: https://www.econbiz.de/10005043107
We consider a stage-game where the entrant may simultaneously commit to its product's quality and the level of its … production capacity before price competition takes place. We show that capacity limitation is more effective than quality … local strategic substitutability whereas quality differentiation only alters the intensity of price competition. …
Persistent link: https://www.econbiz.de/10008550174
incumbent firm rather than imposing a "Minimum Quality Standard" in order to help the entrant to provide high quality. As a by …
Persistent link: https://www.econbiz.de/10008550220
choose their quality level before engaging a price competition. We first show that the indirect effect of the quota on the … sales of the domestic producer are different depending on whether his product quality is high or low. The analysis developed … nonexistence of pure strategy Nash equilibria, we characterise all equilibria of the pricing game and solve the quality choice game …
Persistent link: https://www.econbiz.de/10005008229
welfare increases with the number of big firms because the pro-competitive effect associated with entry dominates the …
Persistent link: https://www.econbiz.de/10010610486
Persistent link: https://www.econbiz.de/10008550222
A two-stage game is used in this paper to model a long-run market with spatially separated producers and with multi-period demands: first, firmas simultaneously and independently invest their capacities; second, after capacities are set up in the first stage and made public, firms engage in a...
Persistent link: https://www.econbiz.de/10005779442
This paper considers a model of district formation that incorporates a notion of regional industrial systems. Each firm chooses its location from the set of existing industrial districts. The heterogeneous firms are distinguished by its "stand alone" district-dependent production and...
Persistent link: https://www.econbiz.de/10005779545
We study the effects of a decrease in trade costs on the spatial distribution of industry in a multi-regional economy …, when a rise in the regional population of workers generates higher urban costs. We show that high and low trade costs imply … that all regions involve a positive share of the industrial sector. When urban costs are linear, there exists a stable …
Persistent link: https://www.econbiz.de/10005669263