Showing 41 - 50 of 3,601
The paper considers a duopoly model in which firms inherited asymmetric market shares and history-based price …
Persistent link: https://www.econbiz.de/10012509424
vertical duopoly model characterized by consumers' taste for quality. The government uses taxes and/or subsidies to modify the …
Persistent link: https://www.econbiz.de/10012499524
different assumptions about market structure. We consider a model of international duopoly with either quantity or price …
Persistent link: https://www.econbiz.de/10011511099
This paper studies how selling constraints, which refer to the inability of firms to attend to all the buyers who want to inspect their products, affect the equilibrium price and social welfare. We show that the price that maximizes social welfare is greater than the marginal cost. This is...
Persistent link: https://www.econbiz.de/10014320135
In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...
Persistent link: https://www.econbiz.de/10013365373
We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little incentive to deviate from a cartel. We also present...
Persistent link: https://www.econbiz.de/10013473721
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …
Persistent link: https://www.econbiz.de/10011547934
varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of … with the size of the destination market and with the ability to match demand, but is inversely related to market …
Persistent link: https://www.econbiz.de/10011472938
We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents …
Persistent link: https://www.econbiz.de/10012156711
-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10012158137