Similar Search Results

- CONSUMER HETEROGENEITY AND MARKET IMPERFECTIONS

Peitz, Martin - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1998

With differentiated goods and heterogenous consumers, firms set prices above marginal costs when product choice is endogenous. When consumer tastes are identical and all consumers prefer one possible variant to all other possible variants at the marginal costs of production, then all firms...

Persistent link: https://www.econbiz.de/10005227317

INCREASING RETURNS AND HETEROGENEITY IN A SPATIAL ECONOMY

Mossay, Pascal - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

We study a general equilibrium model of global trade and local migration in a continuous geographical space. Trade is based on the Dixit-Stiglitz model of monopolistic competition. Migration is modelled as a local interaction decision process. Incentives for migration are of two types:...

Persistent link: https://www.econbiz.de/10005731325

Imperfectly competitive markets, trade unions and inflation: Do imperfectly competitive markets transmit more inflation than perfectly competitive ones? A theoretical appraisal

Corchón, Luis - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1994

In this paper we study the theoretical plausibility of the conjecture that inflation arises because imperfectly competitive markets (ICM in the sequel) translate cost pushes in large price increases. We define two different measures of inflation transmission. We compare these measures in several...

Persistent link: https://www.econbiz.de/10008557116

- AGGREGATION IN A MODEL OF PRICE COMPETITION.

Peitz, Martin - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1999

In a model of price competition single-product ¯rms compete for consumers. Consumerspurchase a variable quantity of one of the di®erentiated goods. The paper provides results onequilibrium existence when consumers are heterogeneous in their evaluation of the di®erentiatedgoods among each...

Persistent link: https://www.econbiz.de/10005731215

Balanced budget multiplier, imperfect competition and indirect taxation

Montaner, Ramón José Torregrosa - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1999

This paper presents a counter-example to sorne new-Keynesian features. In particular, by considering indirect tax rates, 1 obtain a negative and monotonically non-increasing relation between the magnitude of both the balanced budget and the welfare multipliers with respect to the market-power....

Persistent link: https://www.econbiz.de/10008550422

Is Bundling Anticompetitive?

Chioveanu, Ioana - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2008

imperfect competition with product differentiation, I identify the incentives to bundle for two types of demand functions and … study how they change with the size of the bundle. With an inelastic demand, bundling creates an advantage over … uncoordinated rivals who cannot improve by bundling. I show that this no longer holds with an elastic demand. The incentives to …

Persistent link: https://www.econbiz.de/10005515895

- EQUILIBRIUM UNIQUENESS IN OLIGOPOLY GAMES WITH STRATEGIC COMPLEMENTS

Peitz, Martin - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1999

I show the uniqueness of equilibrium for a class of oligopoly models with strategic complements.Product differentiation models are considered in which the contraction mapping theorem cannotnecessarily be applied.

Persistent link: https://www.econbiz.de/10005731214

Optimal Two-Part Tariff Licensing Contracts with Differentiated Goods and Endogenous R&D

Faulí-Oller, Ramón; Sandonís, Joel - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2008

In this paper we get the optimal two-part tariff contract for the licensing of a cost reducing innovation to a differentiated goods industry of a general size. We analyze the cases where the patentee is an independent laboratory or an incumbent firm. We show that, regardless of the number of...

Persistent link: https://www.econbiz.de/10005731391

- A DIFFICULTY WITH THE ADDRESS MODELS OF PRODUCT DIFFERENTIATION

Peitz, Martin - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1998

in models of horizontal product differentiation with unit demand because some consumers are income-constrained. The … specification of variable individual demand in which this kind of existence problem cannot arise. …

Persistent link: https://www.econbiz.de/10005731396

STRATEGIC EFFECTS OF INTERNATIONAL AIRLINE ALLIANCES

Colonques, Rafael Moner; Fillol, Ricardo Flores - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005

the form of a direct non-stop flight. Our results provide a very simple testable implication that relies on demand …

Persistent link: https://www.econbiz.de/10005731407