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Price vs. quantity competition in a vertically related market revisited

Basak, Debasmita; Mukherjee, Arijit - 2016

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …

Persistent link: https://www.econbiz.de/10011569602

Theories of fairness and reciprocity : evidence and economic applications

Fehr, Ernst; Schmidt, Klaus M. - 2000

Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...

Persistent link: https://www.econbiz.de/10011397676

Do undergraduate majors or Ph.D. students affect faculty size?

Becker, William E.; Greene, William H.; Siegfried, John J. - 2010

Regression analysis using panel data for 42 colleges and universities over 14 years suggests that the economics faculty size of universities offering a Ph.D. in economics is determined primarily by the long-run average number of Ph.D. degrees awarded annually; the number of full-time faculty...

Persistent link: https://www.econbiz.de/10003970322

Does the field of study influence students' political attitudes?

Fischer, Mira; Kauder, Björn; Potrafke, Niklas; … - 2015

We investigate whether the field of study influences university students' political attitudes. To disentangle self-selection from learning effects, we first investigate whether the fields of study chosen by the incoming students correlate with their political attitudes. In a second step we...

Persistent link: https://www.econbiz.de/10011346275

Reproducing the stylized facts that motivate models of international trade with heterogeneous firms using the World Bank Enterprise Surveys

Riaño, Alejandro - 2023

This article shows how to use the publicy-available firm-level surveys produced by the World Bank Enterprise Surveys (WBES) to reproduce the stylized facts that characterize firm heterogeneity and its relationship with global engagement, as established by Bernard et al. (2007) for manufacturing...

Persistent link: https://www.econbiz.de/10014443838

When backward integration by a dominant firm improves welfare

Linnemer, Laurent - 2002

is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can …

Persistent link: https://www.econbiz.de/10011410253

Doubling back on double marginalization

Linnemer, Laurent - 2022

literature. In this note, I trace back the origin of the idea to Chapter IX, on complementary goods monopolies, of Cournot (1838 …). Through the years Cournot's contribution remained a reference but ended being viewed as a special case of the bilateral … of Cournot for the simultaneous game and extend it to the sequential game. I also show that prices are usually higher in …

Persistent link: https://www.econbiz.de/10012801572

Market size and number of firms with new technology

Marjit, Sugata; Dastidar, Krishnendu Ghosh; Das, … - 2022

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