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Price and non-price competition in oligopoly : an analysis of relative payoff maximizers

Moghadam, Hamed M. - 2015

simple model of symmetric oligopoly where firms select a two dimensional strategy set of price and a non-price variable known …

Persistent link: https://www.econbiz.de/10011337030

Supervisory board qualification of German banks legal standards and survey evidence

Körner, Tobias; Müller, Oliver; Paul, Stephan; … - 2013

Improving the regulation of banks has been at the centre of economic policy actions since the outbreak of the global financial crisis. One of the many and conceptually very different measures proposed is to improve the corporate governance of banks by setting qualification standards for banks’...

Persistent link: https://www.econbiz.de/10010187505

Evolutionary stability in asymmetric oligopoly : a non-Walrasian result

Leininger, Wolfgang; Moghadam, Hamed M. - 2014

It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the … order to transform the game with asymmetric firms into a symmetric oligopoly game and then extend Schaffer’s definition …

Persistent link: https://www.econbiz.de/10010399434

Offshoring and non-monotonic employment effects across industries in general equilibrium

Baumgarten, Daniel; Irlacher, Michael; Koch, Michael - 2018

In diesem Papier adressieren wir die Diskrepanz zwischen bestehenden theoretischen Modellen und der gängigen empirischen Praxis bei der Analyse der Arbeitsmarktwirkungen von Offshoring. Während sich die Theorie auf Ein- oder Zwei-Sektor-Modelle konzentriert, nutzen empirische Studien zur...

Persistent link: https://www.econbiz.de/10011814093

Fostering green investments and tackling climate-related financial risks : which role for macroprudential policies?

D'Orazio, Paola; Popoyan, Lilit - 2018

While there is a growing debate among researchers and practitioners on the possible role of central banks and financial regulators in supporting a smooth transition to a low-carbon economy, the information on which macroprudential instruments could be used for reaching the "green structural...

Persistent link: https://www.econbiz.de/10011932149

Light cannabis and organized crime : evidence from (unintended) liberalization in Italy

Carrieri, Vincenzo; Madio, Leonardo; Principe, Francesco - 2018

The effect of marijuana liberalization on crime is object of a large interest by social scientists and policy-makers. However, due to the scarcity of relevant data, the displacement effect of liberalization on the supply of illegal drugs remained substantially unexplored. This paper exploits the...

Persistent link: https://www.econbiz.de/10011911524

Product variety, price elasticity of demand and fixed cost in spatial models

Gu, Yiquan (contributor); Wenzel, Tobias (contributor) - 2009

This paper explores the implications of price-dependent demand in spatial models of product differentiation. We introduce consumers with a quasi-linear utility function in the framework of the Salop (1979) model. We show that the so-called excess entry theorem relies critically on the assumption...

Persistent link: https://www.econbiz.de/10003811814

Wage and employment effects of workplace representation : a ”right to co-manage” model

Gu, Yiquan - 2010

This paper introduces a two-stage union-oligopoly-council model of wage and employment determination wherein at the … workers as a union. -- Workplace representation ; union-oligopoly bargaining ; firm-council codetermination …

Persistent link: https://www.econbiz.de/10003950956

Quality competition and hospital mergers : an experiment

Han, Johann; Kairies-Schwarz, Nadja; Vomhof, Markus - 2016

Based on a Salop model with regulated prices, we investigate quality provision behavior of competing hospitals before and after a merger. For this, we use a controlled laboratory experiment where subjects decide on the level of treatment quality as head of a hospital. We find that the...

Persistent link: https://www.econbiz.de/10011444718

Hospital competition with heterogeneous patient groups : incentives and regulation

Vomhof, Markus - 2016

Competing hospitals may not only use quality of service to attract patients but also their specialization profile. Applying a Hotelling-duopoly and interpreting respectively quality and specialization as vertical and horizontal differentiation, we analyze the optimal allocation in both...

Persistent link: https://www.econbiz.de/10011506836