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Invention under uncertainty and the threat of ex post entry

Miller, David A. - EconWPA - 2005

This paper proposes a theoretical framework for studying the invention of new products when demand is uncertain. In … this framework, under general conditions, the threat of ex post entry by a competitor can deter invention ex ante …. Asymmetric market power in the ex post market exacerbates the problem. The implications of these general results are examined in …

Persistent link: https://www.econbiz.de/10005134408

A Rational Irrational Man

Harin, Alexander - EconWPA - 2005

A man is a key subject of economics and economic theory. “A man is irrational” - this opinion can be made from Allais paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper solution of these problems and the development of the...

Persistent link: https://www.econbiz.de/10005560978

Gains and losses: the same or different choices? A “non-ideal” economics approach.

Harin, Alexander - EconWPA - 2005

Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...

Persistent link: https://www.econbiz.de/10005124942

Gains and losses. The same or different choices?

Harin, Alexander - EconWPA - 2005

Arrangements (agreements, contracts, projects, etc.) are widespread economic events and are the fundamental concept of the economic theory. Infringements (breaches, modifications, changes, etc.) of arrangements are common and have a significant importance for the economic theory. For many years...

Persistent link: https://www.econbiz.de/10005125490

Scientific Revolution. A Farewell to EconWPA.

Harin, Alexander - EconWPA - 2005

A revolution in economics. Is it possible? Is its concept a transition from ideal to real economics? The way to the transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy...

Persistent link: https://www.econbiz.de/10005126070

Networks and market laws

Quesada, Antonio - EconWPA - 2004

The effects on the market price of a change in the number of buyers, in the number of sellers, in the prices sellers … set and in the buyers’ reservation prices are established in a simple network model of a market. …

Persistent link: https://www.econbiz.de/10005135061

The Effects of a Sudden CO2 reduction in Spain

Labandeira, Xavier; Rodriguez, Miguel - EconWPA - 2004

Spanish emissions of carbon dioxide have grown by more than 40% in 2004 with respect to 1990. This is not compatible with the EU allocation of Kyoto-mandated CO2 reduction, even taking into account that Spanish emissions are allowed to rise by 15% in 2010. The reasons for this situation stem...

Persistent link: https://www.econbiz.de/10005407804

THE NIGERIAN COAL CORPORATION: AN EVALUATION OF PRODUCTION PERFORMANCE(1960 1987)

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

COAL WAS DISCOVERED IN NIGERIA IN 1909 AND COAL MINING STARTED WITH A DRIFT MINE AT OGBETE, ENUGU IN 1915. SINCE 1958/59, WHEN COAL PRODUCTION REACHED ITS PEAK, THERE HAS BEEN A PERSISTENT FLUCTUATION IN THE AMOUNT OF COAL PRODUCED IN SUBSEQUENT YEARS. THIS PAPER THEREFORE INVESTIGATES THE MAJOR...

Persistent link: https://www.econbiz.de/10005412925

Economic Growth with Imperfect Protection of Intellectual Property Rights

Horii, Ryo; Iwaisako, Tatsuro - EconWPA - 2005

The growth effects of intellectual property right (IPR) protection are examined in a quality-ladder model of endogenous growth. Stronger IPR protection, which reduces the probability of imitation, raises the reward for innovation. However, stronger protection reduces the number of competitive...

Persistent link: https://www.econbiz.de/10005555997

Do European computer-related patents increase welfare?

Weiss, Pia - EconWPA - 2004

when the probability that the domestic firm wins is sufficiently large. In both cases, the conditions on the product market …

Persistent link: https://www.econbiz.de/10005556017