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This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...
Persistent link: https://www.econbiz.de/10012510018
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...
Persistent link: https://www.econbiz.de/10012510023
Ex-post economic impact evaluations are standard requirements for loans and grants from multilateral international development institutions. In many cases, however, lack of sufficient baseline or historical data, or the very nature of the investment itself renders orthodox economic impact...
Persistent link: https://www.econbiz.de/10011545433
tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …
Persistent link: https://www.econbiz.de/10011485096
Environmental resources constitute the 'raw materials' for tourism. This sector represents the driving force behind the …. This work systematically examines the effects and the feedbacks that the economy of tourism may generate in small areas …
Persistent link: https://www.econbiz.de/10011596428
We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it will also be an adaptation to future climate change....
Persistent link: https://www.econbiz.de/10010505122
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