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, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on …, a mixed duopoly outperforms both a private and a public duopoly due to an equilibrium price below (above) the price of … the private (public) duopoly. This medium price discourages overprovision of quality of the less efficient hospital and …
Persistent link: https://www.econbiz.de/10010302580
Although LEEs are meant to be self-sustaining, if not revenue-generating units, many of them actually incur losses on a continuing basis. Current practice in many LGUs does not engender a clear appreciation of the true cost of the local economic enterprise. COA has documented many cases where...
Persistent link: https://www.econbiz.de/10011421182
The paper presents study of corporate governance evolution in Bulgaria and its convergence to EU structures. The author discusses the traditional approach to separation of ownership and control in transition economies and modern ideas about the need for changing corporate governance paradigm....
Persistent link: https://www.econbiz.de/10010377536
predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant …
Persistent link: https://www.econbiz.de/10010268884
In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other …
Persistent link: https://www.econbiz.de/10010294797
This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A …
Persistent link: https://www.econbiz.de/10010300615
competition, ii) increases (decreases) the parameter region with a unique duopoly equilibrium (multiple equilibria), iii) reduces …
Persistent link: https://www.econbiz.de/10010303797
framework of an international duopoly with environmental regulations, this paper shows that an environmental tax imposed by the …
Persistent link: https://www.econbiz.de/10010332390
In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …
Persistent link: https://www.econbiz.de/10010333078
This paper focuses both on the competition process and the firms liability in environmental protection and the demonstration is made by comparing two models of safety investment. The rst one shows sensitive players to their environmental liability: they seek to minimize the technologies accident...
Persistent link: https://www.econbiz.de/10011608595