Showing 1 - 10 of 70
No abstract.
Persistent link: https://www.econbiz.de/10010818336
This paper develops a new analystical approach to the old question whether market conditions may influence the internal efficiency of firms. The basic textbook model of the firm is slightly extended to incorporate managers' incentives to reduce production costs in an imperfectly competitive...
Persistent link: https://www.econbiz.de/10005486493
This paper develops a new analytical approach to the old question whether market conditions may influence the internal efficiency of firms. The basic textbook model of the firm is slightly extended to incorporate managers' incentives to reduce production costs in an imperfectly competitive...
Persistent link: https://www.econbiz.de/10010600194
No abstract.
Persistent link: https://www.econbiz.de/10010611584
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell … Internet. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees "on the other … side" of the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform …
Persistent link: https://www.econbiz.de/10005645362
This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for predation in an oligopoly is limited by the subsequent competition for the prey. This bidding competition is especially fierce when the prey's assets exert strong negative...
Persistent link: https://www.econbiz.de/10005639303
This paper examines the intensive and extensive margins of carbon leakage. The analysis uses an increase in the Swedish electricity price to identify the impact on imports at the firm and product level. Our model of heterogenous firms predicts that higher domestic electricity prices lead firms...
Persistent link: https://www.econbiz.de/10010885282
The purpose of this study is to test for the effects of trade promotion via the foreign service. We develop a Melitz-based model where firms are heterogeneous with respect to productivity and must pay a beachhead cost to enter a foreign market, which can be reduced by government spending on...
Persistent link: https://www.econbiz.de/10010887089
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10005780378
This paper introduces a market size dependent firm entry cost into the Melitz (2003) model. This is a relatively small generalisation, which preserves the analytical solvability of the model. Nevertheless, our model yields several new results that are in line with data. First, the average...
Persistent link: https://www.econbiz.de/10004964393