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From Mind to Market: A Global, Dynamic Analysis of R&D
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian - Tinbergen Instituut - 2011
This discussion paper resulted in a publication in the <I>Journal of Economic Dynamics and Control</I> (2013), 37(12), 2729-2754.<P> Existing models of R&D are not easily reconciled with four observable aspects of R&D: initial technologies ('ideas') need to be developed further, only a minority of initial...</p></i>
Persistent link: https://www.econbiz.de/10011256239
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Can market power be controlled by regulation of core prices alone?: An empirical analysis of airport demand and car rental price
Czerny, Achim I.; Shi, Zijun; Zhang, Anming - Tinbergen Instituut - 2015
a major share in total revenue, monopoly regulation typically concentrates on the control of core-good prices (“core …
Persistent link: https://www.econbiz.de/10011256273
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Single-Till versus Dual-Till Regulation of Airports
Czerny, Achim I.; Zhang, Anmin - Tinbergen Instituut - 2015
Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10011261935
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International Environmental Agreements for River Sharing Problems
Houba, Harold; Laan, Gerard van der; Zeng, Yuyu - Tinbergen Instituut - 2013
IEA for environmental issues in the Coalitional Bargaining Game (CBG) of Gomes 2005, Econometrica). For the general CBG … formation, in one of these regions there is a positive probability that the upstream agents form a monopoly. Third, there are …
Persistent link: https://www.econbiz.de/10011256384
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Customer Directed Advertising and Product Quality
Esteban, Lola; Hernandez, Jose M.; Moraga-Gonzalez, … - Tinbergen Instituut - 2001
This paper studies the relationship between three key elements of the marketing mix, namely, price, product, and promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general advertising technology for the study of three promotional...
Persistent link: https://www.econbiz.de/10011256530
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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 …
Persistent link: https://www.econbiz.de/10011257630
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Wages and Commuting: Quasi-Natural Experiments' Evidence from Firms that relocate
Mulalic, Ismir; Ommeren, Jos N. van; Pilegaard, Ninette - Tinbergen Instituut - 2010
hourly net wage. Our findings are consistent with wage bargaining theory and suggest a bargaining power parameter of about 0 …
Persistent link: https://www.econbiz.de/10011255820
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Market Power in Bilateral Oligopoly Markets with Nonexpandable Infrastructures
Funaki, Yukihiko; Houba, Harold; Motchenkova, Evgenia - Tinbergen Instituut - 2012
We consider price-fee competition in bilateral oligopolies with perfectly-divisible goods, non-expandable infrastructures, concentrated agents on both sides, and constant marginal costs. We define and characterize stable market outcomes. Buyers exclusively trade with the supplier with whom they...
Persistent link: https://www.econbiz.de/10011255451
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Asymmetric Nash Solutions in the River Sharing Problem
Houba, Harold; Laan, Gerard van der; Zeng, Yuyu - Tinbergen Instituut - 2013
extraction. Unanimity bargaining determines the water allocation and monetary transfers. We translate International Water Law … bargaining solution, in the latter case the agents have to compromise in order to agree and we apply the asymmetric Nash …
Persistent link: https://www.econbiz.de/10011256978
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Stochastic Orders of Proposing Players in Bargaining
Houba, Harold - Tinbergen Instituut - 2005
The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …
Persistent link: https://www.econbiz.de/10011255513