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?tze aus der Neuen Politischen ?konomie sowie der Theorie der Verf?gungsrechte wird auf Effizienzunterschiede auf Grund … Disziplinierung von Marktmacht. Neben den allgemeinen Implementierungsm?ngeln bei der Anwendung dieser Modelle in der Praxis bergen …
Persistent link: https://www.econbiz.de/10009481011
, these costs are explicitly incorporated in the demand functions. Two sets of market equilibria are characterized depending …
Persistent link: https://www.econbiz.de/10009450774
With the advent of digital convergence, incumbent telephone and cable companies have begun to offer their services, such as voice telephony, Internet and TV in so-called triple play packages. While carefully recognizing the technological, legal and economic framework of the fixed-line...
Persistent link: https://www.econbiz.de/10009434545
This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was consistent with static, non-cooperative oligopoly models, which are widely...
Persistent link: https://www.econbiz.de/10009441995
analysis shows if the long-run demand elasticity is significantly lower than the short-run elasticity, both strategic producers …
Persistent link: https://www.econbiz.de/10009442002
difference between price and marginal cost was estimated at 0.450. In general, the estimated own price demand relationships … conformed to economic theory except in the case of labour and capital where unexpected positive own price relationships were …
Persistent link: https://www.econbiz.de/10009442480
theory and extensive computing power now allows one to estimate food manufacturer and supermarket retailer pricing conduct in …
Persistent link: https://www.econbiz.de/10009442572
multi-product firm pricing; and (3) that due to potential price collusion. The results suggest that given the demand for …
Persistent link: https://www.econbiz.de/10009442578
This study uses an agent-based computational labor market framework to undertake a systematic experimental investigation of the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of total potential job openings to total potential work...
Persistent link: https://www.econbiz.de/10009443124
This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is determined by means of a clearinghouse double auction...
Persistent link: https://www.econbiz.de/10009443125