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efficiency of firms. The basic textbook model of the firm is slightly extended to incorporate managers' incentives to reduce … information asymmetry. The analysis extends Marshallian and Hicksian consumer analysis to managers' demand for leisure in …
Persistent link: https://www.econbiz.de/10010334797
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …
Persistent link: https://www.econbiz.de/10010300809
The question this paper addresses is how the market structure evolves due to innovative activities when firms' level of technological competence is valuable for more than one project. The focus of the work is the analysis of the effect of learningbydoing and organizational forgetting in R&D on...
Persistent link: https://www.econbiz.de/10010300837
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the effects on the roads into account. In particular, we analyse the difference between markets with a monopolistic public...
Persistent link: https://www.econbiz.de/10010326294
This paper surveys the recent literature devoted to the analysis of the interactions between the adoption of voluntary or negotiated agreements as a tool of environmental policy and market structure. The goal of this survey is twofold. On the one hand, we would like to identify the market...
Persistent link: https://www.econbiz.de/10011608517
This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...
Persistent link: https://www.econbiz.de/10010264311
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …
Persistent link: https://www.econbiz.de/10010264598
The extant theory on price discrimination in input markets takes the structure of the intermediate industry as …
Persistent link: https://www.econbiz.de/10010270421
In many markets, homogenous goods and services are sold both by large global frms and small local frms. Surprisingly, the large frms charge, often substantially, higher prices. Examples include hotels, airlines, and coffee shops. This paper provides a parsimonious model that can account for...
Persistent link: https://www.econbiz.de/10010315515
The paper inquires whether a public eco-label mitigatesadverse selection, where an ecologically superior (green) product variant is underprovided. A model, integrating entry into a perfectly competitive, vertically differentiated industry and rationally expected quality structure (REQS) under...
Persistent link: https://www.econbiz.de/10010319327