Showing 1 - 9 of 9
Commons and Anticommons problems are the consequence of symmetric structural departures from a unified conception of property. In this paper, we endeavor to provide a dual model of property, where commons and anticommons problems are the consequence of a lack of conformity between use and...
Persistent link: https://www.econbiz.de/10010498970
Proponents of RPM argue that RPM helps to sustain a high level of service at the point of sale and that such a high level is efficient. This paper provides a simple model which leads to the following conclusions: 1) RPM may increase or decrease the level of service. 2) Whether the service level...
Persistent link: https://www.econbiz.de/10003380028
In this paper a discrete choice model is suggested which generates unambiguously lower prices, if oligopolists discriminate by price. In a setting of two groups of consumers and two firms this is due to a different ranking of the elasticity of demand of the two groups by the two firms. Here,...
Persistent link: https://www.econbiz.de/10010497915
In this paper three issues are pursued. First, a model of capacity constrained price competition is suggested. The basic feature of this model is that a pure strategy equilibrium exists for all price subgames. Second, this permits Cournot outcomes in heterogeneous markets to be interpreted as...
Persistent link: https://www.econbiz.de/10010499032
Persistent link: https://www.econbiz.de/10009232839
Persistent link: https://www.econbiz.de/10009232860
Persistent link: https://www.econbiz.de/10002243138
Proponents of RPM argue that RPM helps to sustain a high level of service at the point of sale and that such a high level is efficient. This paper provides a simple model which leads to the following conclusions: 1) RPM may increase or decrease the level of service. 2) Whether the service level...
Persistent link: https://www.econbiz.de/10003077351