Similar Search Results

Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting

Vermeylen, Koen - Tinbergen Instituut - 2013

, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …

Persistent link: https://www.econbiz.de/10011256940

Axiomatization and Implementation of Discounted Shapley Values

Brink, Rene van den; Funaki, Yukihiko - Tinbergen Instituut - 2010

We generalize the null player property (satisfied by the Shapley value) and nullifying player property (satisfied by the equal division solution) to the so-called delta-reducing player property, stating that a delta-reducing player (being a player such that any coalition containing this player...

Persistent link: https://www.econbiz.de/10011257081

Adoption of Superior Technology in Markets with Heterogeneous Network Externalities and Price Competition

Janssen, Maarten C.W.; Mendys, Ewa - Tinbergen Instituut - 2000

between the old andthe new technology and on whether firms compete in prices. Without price competition, a partiallock …-in occurs if (and only if) the quality difference is small. In the presence of price competition,lock-in in the traditional …

Persistent link: https://www.econbiz.de/10011255699

Capacity Choice under Uncertainty with Product Differentiation

Behrens, Christiaan; Lijesen, Mark - Tinbergen Instituut - 2012

We explore the characteristics of a capacity-then-price game for a duopoly market with product differentiation and stochastic demand. The analysis shows that a minimum threshold value for the level of vertical product differentiation exists, relative to horizontal product differentiation, for...

Persistent link: https://www.econbiz.de/10011257539

Price versus Quantity Discrimination in Optimal IPOs

Bennouri, Moez; Falconieri, Sonia - Tinbergen Instituut - 2001

This paper addresses the issue of the choice of the optimalinstrument to sell new shares, this choice being price versusquantity discrimination (rationing). Previous results in theliterature (Benveniste and Wilhelm, 1990) show that the issuing firmwould be better off if allowed to use both price...

Persistent link: https://www.econbiz.de/10011256046

Price Differentiation and Discrimination in Transport Networks

Weijde, Adriaan Hendrik van der - Tinbergen Instituut - 2014

This paper analyzes the effects of price differentiation and discrimination by a monopolistic transport operator, which sets fares in a congestible network. Using three models, with different spatial structures, we describe the operator’s optimal strategies in an unregulated market, a market...

Persistent link: https://www.econbiz.de/10011261932

Second-degree Price Discrimination and Inter-group Effects in Airline Routes between European Cities

Alderighi, Marco; Cento, Alessandro; Nijkamp, Peter; … - Tinbergen Instituut - 2011

This paper presents a model of second-degree price discrimination and inter-group effects to describe the full-service pricing behaviour in the passenger aviation market. Consumer heterogeneity is assumed on both a horizontal and a vertical dimension, while various distinct market structures,...

Persistent link: https://www.econbiz.de/10011256851

Third-degree Price Discrimination in the Presence of Congestion Externality

Czerny, Achim I.; Zhang, Anming - Tinbergen Instituut - 2014

This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality when all markets are served. The model features the business-passenger and leisure-passenger markets where business passengers exhibit a higher time valuation, and a less...

Persistent link: https://www.econbiz.de/10011257630

Competing Transport Networks

Leij, Marco J. van der - Tinbergen Instituut - 2003

faces competition from a slower but betteraccessible transport mode. To access the fast transport network individuals haveto … presence of competition the profit-maximizingand socially optimal decision would be to cluster the two stations. Bycontrast, in … the absence of competition both a profit-maximizing firm and a socialplanner would locate the two stations on opposite …

Persistent link: https://www.econbiz.de/10011249541

Does Relative Grading help Male Students? Evidence from a Field Experiment in the Classroom

Czibor, Eszter; Onderstal, Sander; Sloof, Randolph; … - Tinbergen Instituut - 2014

The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately. Our paper contributes to this discussion by investigating the effectiveness of grade incentives in increasing student performance. We perform a direct comparison of the two most...

Persistent link: https://www.econbiz.de/10011255550