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Quality Externalities among Hotel Establishments: What is the Impact of Tour Operators

Calveras, Aleix; Vera-Hernandez, Marcos - EconWPA - 2003

This paper is about quality decisions in a vertical structure where competitive producers sell to powerful retailers. Specifically, we focus the analysis on the role played by a tour operator on quality investments when distributing the capacity of a given tourist destination. We emphasize the...

Persistent link: https://www.econbiz.de/10005134461

"Friendships" in Vertical Relations

Felli, Leonardo; Villas-Boas, J. Miguel - EconWPA - 1996

It has been argued that collusion among the members of an organization or a vertical structure creates efficiency losses, and hence should be prevented. This paper shows that whenever collusion takes the form of co-insurance agreements, here called `friendships', among the members of a vertical...

Persistent link: https://www.econbiz.de/10005118550

Space, Growth and Technology: an Integrated Dynamic Approach

Gomes, Orlando - EconWPA - 2004

Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...

Persistent link: https://www.econbiz.de/10005124884

Market Size, Differentiated Scale Economies and Interindustry Trade

Briones, Roehlano M. - EconWPA - 2004

A stylized pattern of interindustry trade between developing and developed regions identifies the former as specialists in light manufactures and latter in heavy manufactures. Conventional explanations for this pattern rely on the factor proportions model, which is empirically suspect. This...

Persistent link: https://www.econbiz.de/10005124921

The Indeterminacy of Equilibrium City Formation under Monopolistic Competition and Increasing Returns

Berliant, Marcus; Kung, Fan- chin - EconWPA - 2004

We study the indeterminacy of equilibrium in the Fujita-Krugman (1995) model of city formation under monopolistic competition and increasing returns. Both the number and the locations of cities are endogenously determined. Assuming smooth transportation costs, we examine equilibria in...

Persistent link: https://www.econbiz.de/10005062508

IE WP 23/04 Prospective Voluntary Agreements to Escape Carbon Lock-in

Könnölä, Totti; Unruh, Gregory C.; Hermosilla, … - EconWPA - 2005

The paper looks for co-evolutionary policy responses to carbon lock-in – a persistent state that creates systemic market and policy barriers to carbon low technological alternatives. We address the coordination role for authorities rather than the corrective optimisation and analyse...

Persistent link: https://www.econbiz.de/10005556155

Free-Agency and the Competitiveness of Major-League Baseball

II, Craig A. Depken - EconWPA - 1996

I investigate whether the removal of the reserve clause in professional baseball has affected the competitive nature of the industry in the context of whether teams are actively attempting to monopolize in high- valued inputs. It is possible that a very few teams could purchase all of the best...

Persistent link: https://www.econbiz.de/10005076910

Market Power and Efficiency in a Computational Electricity Market with Discriminatory Double-Auction Pricing

Nicolaisen, James; Petrov, Valentin; Tesfatsion, Leigh - EconWPA - 2000

operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is …

Persistent link: https://www.econbiz.de/10005412999

Specialization and Geographic Concentration of East Java Manufacturing Industries

Landiyanto, Erlangga Agustino; Pradana, Anindita; … - EconWPA - 2005

The concentration of spatial economic activities, especially in manufacturing industries has become an interesting … phenomenon to be analyzed. In manufacturing industries, spatial concentration is determined by wages, transportation cost, market … concentration has a relation with industrial specialization which based on industrial structure on that region. The objective of …

Persistent link: https://www.econbiz.de/10005556249

Structure, Behavior, and Market Power in an Evolutionary Labor Market with Adaptive Search

Tesfatsion, Leigh - EconWPA - 2000

job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to … potential work offers, and job concentration is measured by the ratio of work suppliers to employers. For each experimental … behaviors over time. The main finding is that job capacity consistently trumps job concentration when it comes to predicting the …

Persistent link: https://www.econbiz.de/10005561498