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Sinking the Internet: Pricing, Sunk Costs, and Market Structure Online.

Latcovich, S.; Smith, H. - Department of Economics, Oxford University - 2000

the market increases, advertising costs escalate and there is no new entry. Advertising to sales ratios and market …

Persistent link: https://www.econbiz.de/10005047767

Cost Sharing in Health Service Provision: An Empirical Assessment of Cost Savings.

Chalkley, M.; Malcomson, J.M. - Department of Economics, Oxford University - 2001

asymmetric information about those costs, total payment can be reduced by cost sharing. This paper uses data from Medicare to …

Persistent link: https://www.econbiz.de/10005047788

CURRENCY BOARDS AND CURRENCY CRISES.

Irwin, G. - Department of Economics, Oxford University - 2001

This paper demonstrates how a currency board can become vulnerable to a crises in which the policymaker is forced to devalue. The model is built from two blocks: first, incomplete information about the devaluation cost faced by the policymaker; and second, unemployment persistence. Incomplete...

Persistent link: https://www.econbiz.de/10005047800

Cost Structure Analysis Under Disequilibrium: Price, Scale, Efficiency and Capacity Utilisation Effects.

Sarkis, Z. - Department of Economics, Oxford University - 1999

This paper proposes a "Flexible Disequilibrium Model" (FDM) which allows for a flexible specification of technology and of firm-level heterogeneity in technical and allocative efficiency levels. FDM is implemented on a G-5 banking dataset covering the period 1989-1996. Significant scale...

Persistent link: https://www.econbiz.de/10005047831

The Relationship Between the Markup and Inflation in the G7 Plus One Economies.

Banerjee, A.; Russell, B. - Department of Economics, Oxford University - 1999

of prices and costs are best described as I(2) processes and that except for Japan a linear combination of the log levels … of process and costs cointegrate to the markup that is integrated of order 1. It is shown that the markup in each case …

Persistent link: https://www.econbiz.de/10005047842

Queues and Hierarchies.

Beggs, A. - Department of Economics, Oxford University - 2000

hierarchical system may reduce costs by allowing most tasks to be handled by unskilled workers. This may however increase delay for …

Persistent link: https://www.econbiz.de/10005047991