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A public firm in a model of spatial duopoly with price discrimination

Beladi, Hamid; Chakrabarti, Avik; Marjit, Sugata - In: Economics Letters 123 (2014) 1, pp. 79-81

We visit the role of privatization in the location decision of firms in an industry where no firm can produce all varieties demanded. We demonstrate that the Nash equilibrium locations are socially optimal, in the presence of a publicly owned firm, notwithstanding the degree of privatization.

Persistent link: https://www.econbiz.de/10010743693

Welfare properties of strategic R&D investments in Hotelling models

Matsumura, Toshihiro; Matsushima, Noriaki - In: Economics Letters 115 (2012) 3, pp. 465-468

In linear-city models, if firms are allowed (not allowed) to locate outside the linear city, they engage in excessive (insufficient) R&D investments from the normative viewpoint. This implies that the feasible set of locations drastically affects their investments.

Persistent link: https://www.econbiz.de/10010572185

Is America’s National Pastime too time consuming?

Burger, John D.; Walters, Stephen J.K. - In: Economics Letters 115 (2012) 2, pp. 204-206

World Series telecasts are now an inferior good. Income and the time cost of consumption interact so that a ten percent …

Persistent link: https://www.econbiz.de/10010576433

Ideological polarization and the media

Melki, Mickael; Pickering, Andrew - In: Economics Letters 125 (2014) 1, pp. 36-39

Greater media presence may facilitate information transmission and consensus or amplify existing political differences. In the OECD greater media penetration is strongly correlated with reduced ideological polarization. Media penetration increases lead reductions in polarization, suggesting that...

Persistent link: https://www.econbiz.de/10010939508

Voting under temptation

Bishnu, Monisankar; Wang, Min - In: Economics Letters 118 (2013) 3, pp. 419-423

Within the confines of linear tax and complete market, we show that the efficiency force for a negative capital tax may not be strong enough to reverse the politico-economic force for a positive redistributive taxation under temptation and self-control preferences.

Persistent link: https://www.econbiz.de/10010688079

Nonlinear effects of government debt on private consumption: Evidence from OECD countries

Cho, Dooyeon; Rhee, Dong-Eun - In: Economics Letters 121 (2013) 3, pp. 504-507

This paper investigates nonlinear effects of government debt on private consumption. The estimated consumption function … consumption to a greater extent. …

Persistent link: https://www.econbiz.de/10010729469

Measurement error in imputation procedures

Campos, Rodolfo G.; Reggio, Iliana - In: Economics Letters 122 (2014) 2, pp. 197-202

We study how estimators that are used to impute consumption in survey data are inconsistent due to measurement error in … consumption. Previous research suggests instrumenting consumption to overcome this problem. We show that, if additional regressors … are present, then instrumenting consumption may still produce inconsistent estimators due to the likely correlation …

Persistent link: https://www.econbiz.de/10010743722

Non-constant discounting and consumption, portfolio and life insurance rules

Marín-Solano, Jesús; Navas, Jorge; Roch, Oriol - In: Economics Letters 119 (2013) 2, pp. 186-190

Consumption, portfolio and life insurance rules are studied for an investor with an arbitrary but known distribution of …

Persistent link: https://www.econbiz.de/10011041698

Asymmetric responses to income changes: The payroll tax increase versus tax refund in 2013

Bracha, Anat; Cooper, Daniel - In: Economics Letters 124 (2014) 3, pp. 534-538

find that consumption declines 90 cents per dollar lost to the tax increase, and rises 60 cents per additional tax …

Persistent link: https://www.econbiz.de/10011041737

Self-regulatory strength and dynamic optimal purchase

Kamei, Kenju - In: Economics Letters 115 (2012) 3, pp. 452-454

I study a single-agent dynamic purchase problem by using a Gul and Pesendorfer’s [Gul, F., Pesendorfer, W., 2007. Harmful addiction. Review of Economic Studies 74 (1), 147–172] dynamic preference: extreme self-control cannot be sustained and leads to addiction. This type of agent exhibits...

Persistent link: https://www.econbiz.de/10011041745

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