This paper reports an experiment that studies the behavior of a monopolist on sequential auction markets for tradable permits. Using six sessions in a triple ABA crossover design, we investigate the cost-effectiveness of permit allocations and the division of trade gains on sequential bid,...

This paper presents the idea that retail trade stories might cluster with their competitors to pool marketing expenses and thereby increase their individual visibility among consumers. In a model which presumes such a marketing technology we derive some new comparative statics results. In a...

Az UNIDO nemzetközi fejlesztési szervezet szerint az eladó-vevõi kapcsolatok jellemzõen két okból bomlanak fel: 1) az eladó (termelõ) nem kellõen informált a vásárló igényeirõl, 2) az eladó (termelõ) nem képes teljesíteni ezeket az igényeket. Ennek az elvnek megfelelõen a...

In our paper entitled Tendencies of the Trade Concentration” published in 2005 we analysed the global tendencies of the concentration as well as the trade of the European Union and the United States. In our present paper we analyse the concentration of the Hungarian trade, its fields of action...