Showing 1 - 10 of 1,917
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of...
Persistent link: https://www.econbiz.de/10013317486
We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. Oligopolistic competition together with free entry make markups responsive to firm productivity and trade costs. Lowering trade … incomplete pass-through of trade costs to export markups are strong enough to compensate for the increase in competition on …
Persistent link: https://www.econbiz.de/10012930693
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in which firms are free to enter the market and to choose...
Persistent link: https://www.econbiz.de/10012779949
We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...
Persistent link: https://www.econbiz.de/10013103607
prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them …
Persistent link: https://www.econbiz.de/10012945113
competition between the TV channels, since they take into account the fact that a lower viewer price at one channel will harm …
Persistent link: https://www.econbiz.de/10013144903
developing a novel approach to competition between different organizational forms, it frames the relevant trade-offs precisely …
Persistent link: https://www.econbiz.de/10012929480
New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...
Persistent link: https://www.econbiz.de/10012943388
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10012953486
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive …
Persistent link: https://www.econbiz.de/10013316197