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removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … states that retained state bank chartering policies. We argue that the fiercer bank competition following the introduction of …
Persistent link: https://www.econbiz.de/10010227307
We study resource extraction by a non-renewable resource supplier who faces demand from two regions, one of which employs a tax on the imported resource and a subsidy on the available backstop technology, and one that has no environmental policy in place. The resource extraction path possibly...
Persistent link: https://www.econbiz.de/10011431423
affects the optimal price/price markup or optimal quantity. A monopoly example is used to show that seemingly strong … uncertainty types can lead to quite special results. Monopoly examples of the newsboy problem type are further used to show that …
Persistent link: https://www.econbiz.de/10010532588
This paper studies the relationship between three key elements of the marketing mix, namely, price, product, and promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general advertising technology for the study of three promotional...
Persistent link: https://www.econbiz.de/10011318584
initial extraction, contrary to the case under perfect competition. Both policy instruments lower cumulative extraction. If …
Persistent link: https://www.econbiz.de/10011556203
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality …
Persistent link: https://www.econbiz.de/10010421801
Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10010510068
Persistent link: https://www.econbiz.de/10003690010
that the monopoly platform does not introduce distortions over and above those arising from the market power of the … same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …
Persistent link: https://www.econbiz.de/10011374421
likely to occur when this distribution is rather flat. In particular, monopoly production results in the oversupply of …
Persistent link: https://www.econbiz.de/10011378950