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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
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Coinsurance vs. copayments : reimbursement rules for a monopolistic medical product with competitive health Iinsurers
Cremer, Helmuth; Lozachmeur, Jean-Marie - 2021
This paper studies a market for a medical product in which there is perfect competition among health insurers, while …
Persistent link: https://www.econbiz.de/10012581345
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Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective
Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2005
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10003202265
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Network utilities in the U.S. : sector reforms without privatization
Vogelsang, Ingo - 2004
California disaster. Part of the explanation for these difficulties stems from past successful liberalization and deregulation … experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
Persistent link: https://www.econbiz.de/10011402612
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Limit pricing, climate policies, and imperfect substitution
Meijden, Gerard van der; Withagen, Cees - 2016
extraction, contrary to the case of perfect competition. Both policy instruments lower cumulative extraction. If fossil fuels and …
Persistent link: https://www.econbiz.de/10011557786
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Limit pricing and the (in)effectiveness of the carbon tax
Andrade de Sá, Saraly; Daubanes, Julien - 2014
Demand for oil is very price inelastic. Facing such demand, an extractive cartel induces the highest price that does not destroy its demand, unlike the conventional Hotelling analysis: the cartel tolerates ordinary substitutes to its oil but deters high-potential ones. Limit-pricing equilibria...
Persistent link: https://www.econbiz.de/10010428773
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Growth effects of non proprietary innovation
Saint-Paul, Gilles - 2002
by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it …
Persistent link: https://www.econbiz.de/10011409970
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Inequality and market concentration, when shareholding is more skewed than consumption
Gans, Joshua; Leigh, Andrew; Schmalz, Martin C.; … - 2018
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10011942732
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Soda tax incidence and design under monopoly
Cremer, Helmuth; Goulão, Catarina; Lozachmeur, Jean-Marie - 2019
consumers. The sugar content is endogenous. We first study the solution under "pseudo" perfect competition. In that case a … solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …
Persistent link: https://www.econbiz.de/10011977149
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Negative tax incidence with multiproduct firms
D'Annunzio, Anna; Russo, Antonio - 2022
A fundamental result in the theory of commodity taxation is that taxes increase consumer prices and reduce supply …
Persistent link: https://www.econbiz.de/10013337551