Showing 1 - 10 of 261
In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices …
Persistent link: https://www.econbiz.de/10014494436
In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices …
Persistent link: https://www.econbiz.de/10014340297
We present a two-firm model of predation under complete information, based on different discount factors, and integrate it with a model of collusion. Competition, collusion and predation are seen as alternative strategies. The basic conclusions are that t
Persistent link: https://www.econbiz.de/10005510009
The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...
Persistent link: https://www.econbiz.de/10015234937
El punto de partida de cualquier análisis de competencia, consiste en la definición adecuada del mercado tanto en términos de producto como en términos geográficos. Sin embargo, la definición de los límites no siempre resulta sencilla, en particular cuando se refiere a términos...
Persistent link: https://www.econbiz.de/10015235781
This document employs simulation techniques (of what kind) to attempt to replicate the market's behavior under various conditions associated with its competitive structure and the potential existence of entry barriers. The aim is to connect these simulations with theoretical and empirical...
Persistent link: https://www.econbiz.de/10015270912
This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and … is equal to that optimum number, then Bertrand equilibrium exists for that optimum number, and it does not exist if the … number of active firms is less than the optimum. The model, however, does not rule out the existence of Bertrand equilibria …
Persistent link: https://www.econbiz.de/10010289455
This paper evaluates the main measures that have been used to regulate the interconnection prices in the telecommunication sector. We show that many of the regulations that are applying the vast majority of countries have very little theoretical support, and we identify the restrictions that...
Persistent link: https://www.econbiz.de/10005418944
Este trabajo analiza los efectos de la imposición directa e indirecta sobre el bienestar social, en un modelo de entrada en el que las empresas practican discriminación espacial de precios. Se muestra que en un oligopolio la imposición directa puede afectar positiva o negativamente al...
Persistent link: https://www.econbiz.de/10005418991
En este artículo se estudia la privatización de un grupo de bancos públicos provinciales en Argentina en 1993-2001. En contraste con la mayoría de los estudios previos sobre privatizaciones que analizaron principalmente sus efectos sobre la eficiencia económica, este estudio se enfoca en...
Persistent link: https://www.econbiz.de/10005029716