Showing 1 - 10 of 42
between foreign operators would drive wholesale unit prices down to marginal costs. However, operators prefer to form … prices. Although operators compete in two-part tariffs for subscribers, wholesale roaming prices do not exhibit profit …
Persistent link: https://www.econbiz.de/10008502118
In many industries it is quite common to observe firms delegating the production of essential inputs to independent ventures jointly established with competing rivals. The diffusion of this arrangement and the favourable stance of competition authorities call for the assessment of the social and...
Persistent link: https://www.econbiz.de/10008502127
This paper studies a model where exclusive dealing (ED) can both promote investment and foreclose a more efficient supplier. While investment promotion is usually regarded as a pro-competitive effect of ED, our paper shows that it may be the very reason why a contract that forecloses a more...
Persistent link: https://www.econbiz.de/10008489593
Understanding companies’ preferences for various domestic policy instruments is crucial to designing and planning Sectoral Market Mechanism (SMM) in China. Based on a detailed overview of domestic policy instruments under SMM, this paper evaluates corporate preferences for diverse domestic...
Persistent link: https://www.econbiz.de/10011162047
In this paper, decisions regarding production in oil exporting countries are studied by means of theoretical analysis and empirical investigation. Under the assumptions of exogenous oil prices and world oil demand, we are able to describe the relationship between oil production levels and...
Persistent link: https://www.econbiz.de/10009189889
Based on two strands of theoretical research, this paper provides new evidence on how fares are jointly affected by in-flight seat availability and purchasing date. As capacity-driven theories predict, it emerges that fares monotonically and substantially increase with the flights occupancy...
Persistent link: https://www.econbiz.de/10010541210
This study uses firm level data from two detailed surveys of Italian manufacturing firms to study the relationship between R&D expenditures and productivity growth. The analysis considers the different contributions of various forms of R&D (product, process, internal, external in collaboration...
Persistent link: https://www.econbiz.de/10005423051
“Time to build” models of investment expenditures play an important role in many traditional and modern theories of the business cycle, especially for explaining the dynamic propagation of shocks. We estimate the structural parameters of a time-to-build model using firm-level investment data...
Persistent link: https://www.econbiz.de/10005423084
-fish. Moreover, over recent years marine fish farm profitability has been reduced because of competition from imported products. A … pilot project was carried out in order to: a) define standards for organic marine fish farming; b) evaluate production costs … pay in order to figure out the profitability of a product differentiation strategy. This paper shows the economic results …
Persistent link: https://www.econbiz.de/10005423172
Recent developments in investment research have highlighted the importance of non-convexities and irreversibilities in the firms’ adjustment of quasi-fixed inputs. However, aggregation across capital goods may smooth out the discontinuities associated with the adjustment of individual assets....
Persistent link: https://www.econbiz.de/10005423265