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-release measures applied under regulatory control are indeed effective short-term policies for promoting gas-to-gas competition. …
Persistent link: https://www.econbiz.de/10010706828
La finance est aujourd'hui au cœur de la polémique : certains la rendent responsable de la plus grave crise économique depuis la grande dépression des années trente alors que d'autres estiment qu'elle impose un véritable diktat aux États et que son emprise sur l'économie est devenue...
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of a barrier to avoid Bertrand competition. We show that the notion of a barrier to entry has economic pertinence only if … monopolistic competition with welfare implications of a barrier to entry being positive as well as negative. Regulators thus need …
Persistent link: https://www.econbiz.de/10011166351
On the basis of an in depth analysis of the flow of revenues within the music industry and of the emerging practices, we attempt to understand the logic at play in the current evolution of the structure of the industry. We claim that the record companies used to play a role that was useful for...
Persistent link: https://www.econbiz.de/10011166417
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The purpose is to study the effect of a low-price guarantee (PG) on store price image and store patronage intention. Two kinds of low-price guarantee are studied, a price-matching guarantee (PMG) where the price difference is refunded and a price-beating guarantee (PBG) where a retailer offers...
Persistent link: https://www.econbiz.de/10011166510
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Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural...
Persistent link: https://www.econbiz.de/10010790037