competition than downstream. Observed price patterns in the Goulburn-Murray Irrigation District are consistent with the …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

first- and second-best insurance premiums for monopoly and oligopoly market structures in insurance. The insurance program …

We develop a novel model of price-fee competition in bilateral oligopoly markets with non-expandable infrastructures …. Maximal fees also arise from a negotiation model that extends price competition to price-fee competition. Competition in both … prices and fees necessarily emerges. It improves welfare compared to price competition, but buyers will not be better o¤. The …

We present an oligopoly model where a certain fraction of consumers engage in costly non-sequential search to discover … prices. There are three distinct price dispersed equilibria characterized by low, moderate and high search intensity … intensity, increased competition does not affect expected price, leads to greater price dispersion and welfare declines. In …

2009 explains a 4.5-11% percent reduction in price dispersion of maize prices, and a slightly larger reduction in per ton …