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The focus of this research is on the analysis and computation of equilibria in noncooperative Cournot and Bertrandgames …. The application of focus for Cournot competition is power markets while that for Bertrand competitionis product design. We … consider Cournot-based models for strategic behavior in power markets while Bertrandbasedmodels are employed for analyzing the …
Persistent link: https://www.econbiz.de/10009477711
more activist stabilisation policies. However, any suitable model should also include business cycle asymmetries, with …
Persistent link: https://www.econbiz.de/10009442364
linear modeling has been applied to the data. The triples test is used to test for 'steepness' and 'deepness' asymmetries at …
Persistent link: https://www.econbiz.de/10009448021
. However, any suitable model should also include business cycle asymmetries, with implications for both forecasting and policy-making. …
Persistent link: https://www.econbiz.de/10009481459
business cycle asymmetries, with implications for both forecasting and policy-making. …
Persistent link: https://www.econbiz.de/10009481461
The analysis of asymmetries in the price transmission mechanism at different levels of the marketing chain provides …
Persistent link: https://www.econbiz.de/10009443831
This dissertation consists of three essays. Chapter II examines the possibleasymmetric response of gasoline prices to crude oil price changes using an errorcorrection model with GARCH errors. Recent papers have looked at this issue. Some ofthese papers estimate a form of error correction model,...
Persistent link: https://www.econbiz.de/10009465185
The purpose of this paper is to empirically analyse the revenue-expenditure models of publicfinance by considering the possibility of non-linear and asymmetric adjustment. A long-runrelationship between general government expenditure and revenues is identified for Italy.Following system-wide...
Persistent link: https://www.econbiz.de/10009465474
The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the U.S. over the period 1972-1991. Two fundamental assumptions of the analysis are,...
Persistent link: https://www.econbiz.de/10009436142
The purpose of this publication is not to assess the causes of the 1973 energy crisis or the measures that were adopted to resolve it. The intent is to present some data on which such analyses can be based. Many of the trends presented here fall into two distinct periods. From 1973 to the...
Persistent link: https://www.econbiz.de/10009436700