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Aggregation with Cournot competition: the Le Chatelier Samuelson principle
Koebel, Bertrand; François, Laisney - Volkswirtschaftliche Fakultät, … - 2014
This paper studies the aggregate substitution and expansion effects triggered by changes in input prices in a context where firms supply a homogeneous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...
Persistent link: https://www.econbiz.de/10011107774
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From monopsonistic insurgent groups to oligopolistic cocaine traffickers: the market of cocaine in Colombia
Arias-R., Omar Fdo.; Aza-Jacome, Alfonso - Volkswirtschaftliche Fakultät, … - 2014
The main purpose of this note is to model an imperfect competitive and vertically integrated market structure of production and trafficking of cocaine. We consider the particular case of colombian cocaine market, but the results could be generalized to different scenarios. We model three main...
Persistent link: https://www.econbiz.de/10011111651
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Land competition and monopsonistic monopoly: the role of the narco-insurgency in the colombian cocaine market
Omar Fdo., Arias-R.; Alfonso, Aza-Jacome - Volkswirtschaftliche Fakultät, … - 2015
The main purpose of this paper is to model the role of the narco-insurgency in the structure and functioning of the colombian cocaine market. The narco-insurgency gets important profits from this market by controlling the land for producing coca-leaf, and the production of inputs for trading...
Persistent link: https://www.econbiz.de/10011207852
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Technological Progress in Races for Product Supremacy
Nguyen, Thang - Volkswirtschaftliche Fakultät, … - 2004
How does market organization affect quality innovation efforts and social welfare? Three stochastic dynamic market structures considered are monopoly, duopoly, and social planning. Products can be either linearly or nonlinearly substitutable. The introduction of a step function allows richer...
Persistent link: https://www.econbiz.de/10005835961
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The scientist and the church
Nitzan, Jonathan; Bichler, Shimshon - Volkswirtschaftliche Fakultät, … - 2005
the Middle East. Much of their explanation – including both theory and fact – is plagiarized. It is cut and pasted, almost …
Persistent link: https://www.econbiz.de/10005836969
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Pricing behaviour at capacity constrained facilities
Larsen, Huric; Fredborg, Jesper - Volkswirtschaftliche Fakultät, … - 2012
Entry of new firms can be difficult or even impossible at capacity constrained facilities, despite the actual cost of entering is low. Using a game theoretic model of incumbent firms’ pricing behaviour under these conditions, it is found that under the assumption of Bertrand competition and...
Persistent link: https://www.econbiz.de/10011258735
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A Model of corporate donations to open source under hardware–software complementarity
Di Gaetano, Luigi - Volkswirtschaftliche Fakultät, … - 2012
In recent years there has been an increasing diffusion of open source projects, as well as an increasing interest among scholars on the topic. Open source software (OSS) is developed by communities of programmers and users, usually sponsored by private firms; OSS is available in the public...
Persistent link: https://www.econbiz.de/10011259457
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Baumol, Panzar, and Willig’s Theory of Contestable Markets and Industry Structure: A Summary of Reactions
Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2012
This paper summarizes reactions to the theory of contestable markets and industry structure. The reactions came … immediately after the theory was published. The summary finds that the proposed theory stands on sound grounds. However …, empirically the theory leaves much to be desired especially for practical policy in developing countries. …
Persistent link: https://www.econbiz.de/10011259557
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Barriers to entry : abolishing the barriers to understanding
Keppler, Jan Horst - Volkswirtschaftliche Fakultät, … - 2009
BARRIERS TO ENTRY: ABOLISHING THE BARRIERS TO UNDERSTANDING by Jan-Horst Keppler Professor of economics Université Paris – Dauphine, LEDa, and Université Paris I Panthéon-Sorbonne, PHARE Port.: (+33 6) 77 81 37 46; Email: jan.keppler@dauphine.fr. Abstract The concept of a barrier to entry...
Persistent link: https://www.econbiz.de/10011260264
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Behavioral economics as applied to firms: a primer
Armstrong, Mark; Huck, Steffen - Volkswirtschaftliche Fakultät, … - 2010
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behavior in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10008623460