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We consider a possible game-theoretic foundation of Forchheimer's model of dominant-firm price leadership based on quantity-setting games with one large firm and many small firms. If the large firm is the exogenously given first mover, we obtain Forchheimer's model. We also investigate whether...
Persistent link: https://www.econbiz.de/10005619785
We determine the endogenous order of moves in which the firms set their prices in the framework of a capacity-constrained Bertrand-Edgeworth triopoly. A three-period timing game that determines the period in which the firms announce their prices precedes the price-setting stage. We show for the...
Persistent link: https://www.econbiz.de/10011108320
carried out to estimate the wheat yield response function. The explanatory variables were economic, location and climatic … 1979-2009. Mixed and cotton-wheat zone of Punjab were selected for the analysis and Faisalabad and Bahawalpur were selected … from the above two zones respectively, mainly because of their major share in production of wheat. Dummy variable test and …
Persistent link: https://www.econbiz.de/10008695083
demand for wheat based products. The objective of this study is to estimate the demand elasticities of rice in Malaysia … highest compared to other food items in the LA/AIDS model, while income elasticity of demand for wheat (0.5087) is higher than …
Persistent link: https://www.econbiz.de/10005105680
This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales …, and trade policies on wheat supply, demand, prices, and overall inflation. Analysis of price multipliers indicates that … increases in wheat procurement prices (one means of promoting domestic procurement) have relatively small effects on overall …
Persistent link: https://www.econbiz.de/10005617123
(wheat or dates) in calculating the probability of drought. In furtherance of this aim, the fuzzy function related to the … have been utilized. In this study, the annual data of wheat and dates from 1994 to 2012 have been utilized (sometimes 2013 … in 1999, 2007 and 2009 and the probability of drought for wheat and dates was 64.29 and 57.14 percent respectively in …
Persistent link: https://www.econbiz.de/10011112217
This study presents the results from a field survey of the wheat growers in the rice-wheat zone of Punjab. The late … maturing basmati rice varieties and the post paddy-harvest conventional tillage practices to prepare seedbed for wheat sowing … often result in delayed planting of the crop. The late sowing is a major factor responsible for low wheat yields obtained by …
Persistent link: https://www.econbiz.de/10005623416
This paper examines the role of market structure on the persistence of price deviations from the LOP using monthly actual product prices of 47 items collected from three different types of markets in Istanbul over 1993:01-2008:12. After showing the importance of market structure on the...
Persistent link: https://www.econbiz.de/10009651392
We discuss who should be in charge of providing data relevant to marketing segmentation for the tourism industry. We describe the difficulties of using the most commonly found consumer behavioural models within an information system, and oppose them to a novel approach in marketing segmentation,...
Persistent link: https://www.econbiz.de/10009322626
Abstract: The scope of this article is to point out the features of European corporate bond market, in particular its development since the euro introduction. We structured our paper on chapters that present its economic importance, the implications of the common currency in respect to its...
Persistent link: https://www.econbiz.de/10008765633