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industry level. On the consumption side, industry- and state-specific international imports and elasticities of substitution … are shown to be systematically connected to consumption agglomeration effects, while on the production side, industry- and …
Persistent link: https://www.econbiz.de/10014049467
because of easy availability and low prices. We also find that the customers who have visited the baseball stadium more often … ticket prices based on customer seat value perceptions …
Persistent link: https://www.econbiz.de/10014217035
Persistent link: https://www.econbiz.de/10014470317
Innovators who have developed advanced technologies, along with launching new products by themselves, often license these technologies to their rivals. When a firm launches a new product, product positioning is also an important matter. Using a standard linear city model with two firms, we...
Persistent link: https://www.econbiz.de/10003981892
This paper investigates an asymmetric duopoly model with a Hotelling line. We find that helping a small (minor) firm can reduce both social and consumer surplus. This makes a sharp contrast to existing works showing that helping minor firms can reduce social surplus but always improves consumer...
Persistent link: https://www.econbiz.de/10003921755
locations of firms and reducing the distance between firms improve consumer welfare, through lower prices and smaller … the firms reduces transportation costs but increases the prices through the change of strategic commitments by the firms …
Persistent link: https://www.econbiz.de/10003921843
prices. Our work is a natural follow-up to the study of Csorba et al. (2009) who showed that Hungarian retail gasoline prices …. First, the dataset allows us combining station specific and local attributes to explain prices. With some chains applying … demand influences prices mainly through the number of stations. There is some local price variation across chains, and the …
Persistent link: https://www.econbiz.de/10009154762
We provide a theoretical framework to discuss the relation between market size and vertical structure in the railway industry. The framework is based on a simple downstream monopoly model with two input suppliers, labor forces and the rail infrastructure firm. The operation of the downstream...
Persistent link: https://www.econbiz.de/10009314444
We analyze a Hotelling location-then-price duopoly game under demand uncertainty with uniformly distributed consumers in a standard quadratic costs scenario. The novelty of our approach consists of assuming that firms' beliefs are represented by non-extreme-outcome-additive (neo-additive)...
Persistent link: https://www.econbiz.de/10010362151
There is substantial empirical evidence that innovation is geographically concentrated. Unlike what is generally assumed, however, it is not clear that localised knowledge spillovers provide a theoretically valid explanation for this. Studying spillovers of cost-reducing technology between...
Persistent link: https://www.econbiz.de/10010380947