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when competition is most intense.Using a model of oligopoly in general equilibrium the second essay analyzes the … interaction between price and inventory decisions in an oligopoly industry and its implications for the dynamics of prices. The … oligopoly competition. We show that the optimal decision rule is an (S,s) order policy and prices and inventories are strategic …
Persistent link: https://www.econbiz.de/10009433703
This thesis consists of two parts, which are connected by an introduction on auction and oligopoly markets and a short …
Persistent link: https://www.econbiz.de/10009467021
This thesis contains four essays which are all from the broader field of insurance economics. The chapters can be read independently, although there is a certain connection between the articles. Chapter 2, which deals with moral hazard, and chapter 3, which is on oligopolistic models in the...
Persistent link: https://www.econbiz.de/10009451144
The aim of this work is to establish a mathematically precise framework for studying games of capital accumulation under uncertainty. Such games arise as a natural extension from different perspectives that all lead to singular control exercised by the agents, which induces some essential...
Persistent link: https://www.econbiz.de/10009452649
This dissertation examines two problems that may arise in matching problems.The first two chapters deal with auctions for multiple units where bidders exhibitexternalities. The third chapter links risk aversion and information to unraveling inlabor markets.Auctions can lead to efficient...
Persistent link: https://www.econbiz.de/10009450582
Since Hotelling's (1929) seminal work, economists have tried to understand how product differentiation affects price competition. I study the product location decisions, on a vertical characteristic space, of two sets of horizontal competitors when the inputs supplied by the "upstream" set (the...
Persistent link: https://www.econbiz.de/10009450693
In recent years the New Keynesian Model with price stickiness of the Calvo type has become the most widely used theoretical framework for addressing various normative issues such as how optimal monetary and fiscal policy should be conducted. However, the New Keynesian Model has been criticized...
Persistent link: https://www.econbiz.de/10009482289
Faster developing cycles and economic developments created many emerging economies in the 20th century. For sustainable economic growth, however, the construction and constant preservation of a profound knowledge base and technological pool is crucial. Brazil, China, India and Russia,...
Persistent link: https://www.econbiz.de/10009434467
The effects of U.S. wheat prices, dollar values, and their volatilities on U.S. wheat market shares in 10 Asian countries are analyzed. The variables are converted to a relative form comparing the U.S. against Australian and Canadian variables in order to incorporate the effects of competition...
Persistent link: https://www.econbiz.de/10009444003
There is a strong competition from low-priced imported catfish fillets resulting in a declining market share for domestic farm-raised catfish fillets. To match the competition, catfish processors are embarking on pricing policy measures that are volume-oriented instead of profit- or...
Persistent link: https://www.econbiz.de/10009444895