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Coasian payments for agricultural external benefits - an empirical cross-section analysis

Hackl, Franz; Halla, Martin; Pruckner, Gerald J - 2005

This paper deals with a cross section analysis of local compensation payments to farmers for their provision of landscape amenities in alpine tourist communities. These payments can be interpreted as the outcomes of Coasian negotiations. Based on Austrian data we empirically identify the...

Persistent link: https://www.econbiz.de/10010294510

Coase-Theorem und Organ-Transplantation: Was spricht für die Widerspruchslösung?

Pies, Ingo; Will, Matthias Georg - 2011

In Deutschland klaffen Angebot und Nachfrage von Spendeorganen weit auseinander. Das Spendenaufkommen hängt wesentlich vom institutionellen Regime ab, innerhalb dessen Transaktionskosten die Allokation maßgeblich bestimmen. Mit dem Coase-Argument ist dies ersichtlich, nicht aber mit dem...

Persistent link: https://www.econbiz.de/10011733802

Restricted Coasean Bargaining

MacKenzie, Ian A.; Ohndorf, Markus - 2012

We investigate the efficiency of Coasean bargaining when restrictions are placed on the set of feasible bargaining outcomes. When property rights are costly to (defend) appropriate, we find bargaining restrictions may be Pareto superior to unconstrained voluntary exchange. Under cost uncertainty...

Persistent link: https://www.econbiz.de/10011753220

Optimal R&D investment strategies with quantity competition under the threat of superior entry

Lukach, Ruslan; Kort, Peter M.; Plasmans, Joseph - 2005

This paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to technical uncertainty. We distinguish four scenarios: inevitable entry, entry deterrence, entry blockade, and non-credible entry threat. The entry threat stimulates the incumbent to...

Persistent link: https://www.econbiz.de/10010261128

Von der Theorie angreifbarer Märkte zur Theorie monopolistischer Bottlenecks

Knieps, Günter - 2004

Der Aufsatz ist wie folgt aufgebaut. In Abschnitt 2 wird zunächst die Theorie der angreifbaren Märkte kurz skizziert …. Es folgt in Abschnitt 3 eine kurze Darstellung der Theorie der monopolistischen Bottlenecks und deren Zusammenhang mit … Konzepten aufgezeigt, insbesondere die Rolle der Theorie angreifbarer Märkte als Wegbereiterin für die Theorie monopolistischer …

Persistent link: https://www.econbiz.de/10010263192

Preemption, start-up decisions and the firms' capital structure

Moretto, Michele; Panteghini, Paolo M. - 2007

In this article, we analyse the interactions between financial and start-up decisions in an oligopolistic framework, where firms compete to enter a new market. We show that preemption can substantially reduce the negative effects of credit rationing on start-up investment decisions.

Persistent link: https://www.econbiz.de/10010264136

Markets for information: of inefficient firewalls and efficient monopolies

Cabrales, Antonio; Gottardi, Piero - 2008

In this paper we build a formal model to study market environments where information is costly to acquire and is of use also to potential competitors. In such situations a market for information may form, where reports - of unverifiable quality - over the information acquired are sold. A...

Persistent link: https://www.econbiz.de/10010264388

Persistence of monopoly and research specialization

Weinschenk, Philipp - 2009

We examine the persistence of monopolies in markets with innovations when the outcome of research is uncertain. We show that for low success probabilities of research, the incumbent can seldom preempt the potential entrant. Then the efficiency effect outweighs the replacement effect. It is vice...

Persistent link: https://www.econbiz.de/10010266990

Entry and incumbent innovation

Weinschenk, Philipp - 2010

We explore how the threat of entry influences the innovation activity of an incumbent. We show that the incumbent's investment is hump-shaped in the entry threat. When the entry threat is small and increases, the incumbent invests more to deter entry, or to make it unlikely. This is due to the...

Persistent link: https://www.econbiz.de/10010270442

Elektronischer Handel im Lichte der Bestreitbarkeit von Märkten

Mai, Stefan; Oelmann, Mark - 2001

Information and communication technologies are transforming economies and societies around the world. In this respect, E-Commerce has the capability to build a new global economy. That is why government, industries, non-profit-organisations, trade unions and consumers would like to come together...

Persistent link: https://www.econbiz.de/10010270679