Showing 1 - 10 of 36
This paper considers the effects of entry in the final goods market when the input market is imperfectly competitive …
Persistent link: https://www.econbiz.de/10005868787
This paper shows that if number of firms is determined endogenously, Cournot competition generates higher welfare … compared to Bertrand competition when products are sufficiently differentiated. If products are close substitutes, welfare is … higher under Bertrand competition. We show that the qualitative results are robust with respect to different demand …
Persistent link: https://www.econbiz.de/10005868798
We show the incentive for divisionalization by a monopolist producer. Incontrast to the previous literature, where divisionalization occurs for product marketadvantage, we show that divisionalization occurs if it provides strategic advantage inthe labor market. With unionized labor market, we...
Persistent link: https://www.econbiz.de/10005868662
degree of price transmission, we assume industrytechnology to be characterized by variable input proportions and non …
Persistent link: https://www.econbiz.de/10005868661
This paper is concerned with the impact of food scares, principally the BSE crisis, in the UK and focuses on price … effects of a worldwide export ban and the cull of infected and older beef cattle) and control for the possibility of …
Persistent link: https://www.econbiz.de/10005868789
This paper focuses on price transmission in a vertically-related set-up where the retail stage may exercise oligopoly …
Persistent link: https://www.econbiz.de/10005868790
This paper is concerned with the impact of food scares, principally the BSE crisis, in the UK and focuses on price … shift in the farm supply function due to the mutually opposing effects of a worldwide export ban and the cull of infected …
Persistent link: https://www.econbiz.de/10005868813
In open-end funds, net inflows are positively correlated with past performance. This study investigates how past net asset value (NAV) returns affect the premium on closed-end funds traded in the United States and the United Kingdom. Past performance is significantly priced in stock funds,...
Persistent link: https://www.econbiz.de/10005868815
...In this paper, we tackle all these difficulties by conducting a full geomatrical analysis of the comparative statics of general models...
Persistent link: https://www.econbiz.de/10005868912
, the qualitydimension cannot be ignored. This paper provides an exposition of the potentialbiases in estimates of price … structures. Using anapproach developed in the demand estimation literature, a price measure addressingthese issues is derived and … the importance of using this measure is tested using Britishdata. Price is found to have a negative impact on the use of …
Persistent link: https://www.econbiz.de/10005868952