Showing 1 - 10 of 285
Persistent link: https://www.econbiz.de/10000917357
The central bank's optimal objective function is analyzed in a small open economy model allowing for incomplete exchange rate pass-through. The results indicate that social welfare can only be marginally improved by including an explicit exchange-rate term in the delegated objective function,...
Persistent link: https://www.econbiz.de/10001622448
Persistent link: https://www.econbiz.de/10000976655
compared to the increase in competitive pressure due to entry, the competition-enhancing effect of a forward market is weaker … than predicted. -- Cournot Competition ; Forward Markets ; Spot Markets ; Experiments …
Persistent link: https://www.econbiz.de/10001693096
Persistent link: https://www.econbiz.de/10000995011
Persistent link: https://www.econbiz.de/10000971417
Persistent link: https://www.econbiz.de/10000976648
In the text-book model of dynamic Bertrand competition, competing firms meet the same demand function every period …. -- Bertrand competition ; Coase conjecture ; dynamic oligopoly ; stochastic games …
Persistent link: https://www.econbiz.de/10001652352
Persistent link: https://www.econbiz.de/10000997436
Persistent link: https://www.econbiz.de/10000926827