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The Chinese government has been active in trying to cool the alleged bubbles in its housing markets, especially in urban areas. This paper argues that the high housing prices are at least partly caused by some real factors, including the policy of restricting land uses, in particular the...
Persistent link: https://www.econbiz.de/10009552987
Persistent link: https://www.econbiz.de/10009732891
Many firms have different branches within a single firm. These branches also compete between themselves. For simplicity, the case where the firm itself is a monopolist is considered. Given that its branches competes between themselves on a variable (e.g. quality of service) on which the centre...
Persistent link: https://www.econbiz.de/10014189044
This paper studies the effects of intra-firm branch competition in a monopoly setting. It demonstrates that intra-firm branch competition has a significant impact on the firm's market decisions, and consequently on the market outcome. The paper has identified the sufficient conditions under...
Persistent link: https://www.econbiz.de/10014189534
Persistent link: https://www.econbiz.de/10004338421
The Chinese government has been active in trying to cool the alleged bubbles in its housing markets, especially in urban areas. This paper argues that the high housing prices are at least partly caused by some real factors, including the policy of restricting land uses, in particular the...
Persistent link: https://www.econbiz.de/10010861724
Persistent link: https://www.econbiz.de/10006459691
This paper studies the effect of intra-firm branch competition in a monopoly setting. It demonstrates that intra-firm branch competition has a significant impact on the Firm's market decisions, and consequently on the market outcome. The paper has identified the sufficient conditions under which...
Persistent link: https://www.econbiz.de/10005139532