Showing 1 - 10 of 32
We have two main objectives in this work. Firstly, to link product market structure with the inventory policy followed by firms. Secondly, to study the effect of different financila contracts in firm's policy, in particular in its inventory policy. This will allow to define for a given economic...
Persistent link: https://www.econbiz.de/10005572178
Persistent link: https://www.econbiz.de/10005582688
The paper offers an overview of the literature on bundling in the telecommunications sector and its application in the Spanish market. We argue that the use of bundling in the provision of services is associated to technological reasons. Therefore, there appears no need to regulate bundling...
Persistent link: https://www.econbiz.de/10008574231
In several interesting markets, demand is an increasing function of past sales because of learning, network externalities, or fashion. This paper examines entry into such markets.
Persistent link: https://www.econbiz.de/10005572239
An important aspect of an organizational form is the extent to which it allows observation of payoff relevant environmental variables. For example, a firm operating in two locally separated markets can choose between appointing a central manager or two lacal managers. It is plausible that in the...
Persistent link: https://www.econbiz.de/10005168431
competition among firms. …
Persistent link: https://www.econbiz.de/10005168461
We study the effects of a change in some exogenous variable (the fixed cost or a parameter in the payoff functions) on the strategies played in a Symmetric Cournot Equilibrium with Free Entry (SCEFE). We also show that any observation on prices, profits and number of firms is compatible with the...
Persistent link: https://www.econbiz.de/10005823929
This paper aims at assessing the importance of the initial technological endowments when firms decide to establish a technological agreement. We propose a Bertrand duopoly model where firms evaluate the advantages they can get from the agreement according to its length. Allowing them to exploit...
Persistent link: https://www.econbiz.de/10005824002
This paper aims at assessing the optimal behavior of a firm facing stochastic costs of production. In an imperfectly competitive setting, we evaluate to what extent a firm may decide to locate part of its production in other markets different from which it is actually settled. This decision is...
Persistent link: https://www.econbiz.de/10005582607
This paper analyses the costs and benefits of using a Main Bank (MB) as a financial provider, which is so common in countries such as Japan. Several banks lend resources to a particular firm but only one monitors and remains responsible to other participants. These inside banks act as fund...
Persistent link: https://www.econbiz.de/10005582652