Showing 1 - 10 of 16
This paper has the objective of measuring the market power of Microsoft in the software industry. We develop a two tier arguent. Firstly we estimate the scale economies within the industry. We then make the crude hypothesis that a firm's success in this industry is linked to its size, based on...
Persistent link: https://www.econbiz.de/10008790335
Este estudio se ocupa de relevar la literatura internacional sobre economías de escala en el sector de agua y saneamiento, reseñarla y extraer hilos conductores. En todo el mundo está en discusión cómo lograr un acceso más equitativo y una prestación más eficiente. Un tema vinculado con...
Persistent link: https://www.econbiz.de/10008794405
In this paper we prove an index formula for production economies with externalities. We allow for non-convexities in the production sector and set the firms behavior according to general pricing rules. We derive as corollaries existence of a general equilibrium in such a setting.
Persistent link: https://www.econbiz.de/10010750376
The purpose of the paper is to introduce a tighter definition for the marginal pricing rule. By means of an example, we illustrate the improvements that one gets with the new definition with respect to the former one with the Clarke's normal come.
Persistent link: https://www.econbiz.de/10010750420
This paper deals with the existence of marginal pricing equilibria or equilibria with general pricing rules in an economy with increasing returns to scale or more general types of non convexities in production. Its main contribution is to posit the bounded loss and survival assumptions on a...
Persistent link: https://www.econbiz.de/10010750490
This paper focuses on the influence of the opening of a market of allowances, such as the European Union Emission Trading Scheme, on the general equilibrium of an economy. Assuming there existed an equilibrium before the opening of this new market, we describe the changes in the firms behavior...
Persistent link: https://www.econbiz.de/10010750698
This paper deals with the existence of marginal pricing equilibria when it is defined by using a new and tighter normal cone introduced by B. Cornet and M.O. Czarnecki. The main interest of this new definition of the marginal pricing rule comes from the fact that it is more precise in the sense...
Persistent link: https://www.econbiz.de/10010750782
We prove that the degree of the equilibrium correspondence of an economy with increasing returns and external effects is equal to (−1)L−1 where L is the dimension of the space of goods. This allows us to infer existence, finiteness and uniqueness results.
Persistent link: https://www.econbiz.de/10010635144
In an economy with a non-convex production sector, we provide an assumption on each individual producer, which implies that the survival assumption holds true at the aggregate level for general pricing rules. For the marginal pricing rule, we derive this assumption from the bounded marginal...
Persistent link: https://www.econbiz.de/10010738566
In this paper, we prove an existence theorem for equilibria in production economies with increasing returns, which generalizes the classic results on this topic. In particular, we eliminate both the free-disposal assumptions and any smoothness requirements on the boundary of the production sets....
Persistent link: https://www.econbiz.de/10008793377