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The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … calculated solving a two-stage policy game between the regulator and the monopoly with the regulator acting as the leader of the … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output …
Persistent link: https://www.econbiz.de/10012028355
shown that the importing countries cannot use a tariff to capture monopoly rents if they are constrained to use open …
Persistent link: https://www.econbiz.de/10011606959
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
This paper studies the design of sin taxes when firms exercise market power. We outline an optimal tax framework that highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an application to sugar-sweetened beverage...
Persistent link: https://www.econbiz.de/10012623743
own workers to pay lower wages; and 2. Monopoly, where dominant firms charge too high prices for what they sell, which … Census Bureau between 1997 and 2016, we find evidence of both monopoly and monopsony, where the former is rising over this … period and the latter is stable. Both contribute to the decoupling of productivity and wage growth, with monopoly being the …
Persistent link: https://www.econbiz.de/10013466317
Persistent link: https://www.econbiz.de/10014517269
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices before they buy electricity in the wholesale...
Persistent link: https://www.econbiz.de/10012142389
We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...
Persistent link: https://www.econbiz.de/10012142375
networks ; Random graphs ; Monopoly ; Pricing strategy ; Product design ; Marketing ; Advertisement …
Persistent link: https://www.econbiz.de/10008737098