Showing 1 - 10 of 65
product differentiation and link costs : (i) the non-exclusive distribtion & non-exclusive dealing network in which both … exclusive distribution & exclusive dealing network in which each retailer distributes a different product is stable for low … degrees of product differentiation; (iii) the mixed distribution network in which one retailer distributes both products while …
Persistent link: https://www.econbiz.de/10004984845
This paper analyses unilateral trade liberalisation in a Cournot duopoly model where the domestic and the foreign firm have different marginal costs. There are three results in the paper. Firstly, with linear demand, it is shown that the domestic country will lose as a result of unilateral free...
Persistent link: https://www.econbiz.de/10008512162
We consider the two-stage game proposed by Kreps and Scheinkman (83) in the address-model of horizontal differentiation developed by Hotelling. Firms choose capacities in the first stage and then compete in prices. We show that price competition is drastically softened since in almost all...
Persistent link: https://www.econbiz.de/10004985169
We consider the following stage game : A domestic government chooses an import quota, then a domestic and a foreign firm choose their quality level before engaging a price competition in the final stage. We first show that the indirect effect of the quota on the sales of the domestic producer...
Persistent link: https://www.econbiz.de/10004985248
We consider the effects of export restraints on price competition in the Hotelling model of horizontal differentiation. We characterize the Nash equilibrium for all possible values of the quota and compare our results with those of Krishna (89). We show that a foreign producer would choose a VER...
Persistent link: https://www.econbiz.de/10004985287
such business network externalities in dynamic empirical models of FDI-funded capital accumulation. We use original data on …. In both cross-sectional and panel frameworks, we find evidence of strong network externalities, mainly associated to the … skilled diaspora. These network externalities are stronger for countries exhibiting intermediate corruption index. …
Persistent link: https://www.econbiz.de/10004984725
During the 1980s and 1990s the argument that “maximizing share-holder value” results in superior economic performance came to dominate the corporate governance debates. In this paper, I outline the rationale for the shareholder-value perspectives, and show that, rooted in agency theory,it...
Persistent link: https://www.econbiz.de/10008520588
This papers intends to relate more closely corporate governance, industry dynamics and firms performance. In this perspective, it focuses on the impact of applying the normative, best pratice, shareholder value model of corporate governance on industry dynamics and related performance measured...
Persistent link: https://www.econbiz.de/10008520594
This paper analyses how a diversifying firm can strategically design its wage policy in order to gain market power in unionized markets. This paper shows that union power in the local market power in the local market coupled with the nature of the wage contractual agreement process-i.e. the type...
Persistent link: https://www.econbiz.de/10004984961
The objective of this paper is to identify the determinants of the decision to innovate in Taiwan. Three “innovation strategies” are considered : doing R&D only, importing technology only, and combining both. We estimate a Bivariate Probit on a panel of more than 27000 Taiwanese...
Persistent link: https://www.econbiz.de/10004985021