This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and variable returns to scale. If the optimum number of active firms in the market is two or more, and the number of active firms is equal to that optimum number, then Bertrand...

Empirical applications for assessing the efficiency in cultural organizations are still scarce. In this paper, we use a non-radial, output-oriented, DEA model for assessing the efficiency of a sample of 292 Musical Societies in the Valencian Community. The interest in this type of cultural...

The objective of this study is to trace the impact on the behavior of the children after watching cartoon programs. Cartoon network is one of the most favorite cartoon channels for children. As cartoon network is 24 hours channel, so children spend most of their leisure time in front of it. It...

At the turn of the century, the tourism industry underwent a transformation triggered by the sweeping processes of globalization. The traditional forms of tourism were supplemented and expanded by the introduction of new postmodern tourist forms, bringing new and different tourist offers to the...

With the aim of analysing the seasonality of the Spanish and American film industries, a comparative analysis was made between variables such as release dates in cinemas, and trends in audience figures. The results show that Spanish films have a higher seasonality level than American ones, and...

We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...

In this article we develop a microeconomic framework to study the relationships among privatization, competition for deposits and performance in banking. Particularly, we analyze banking privatization when competitive strategies of the Cournot and Stackelberg types are allowed. Our findings show...

Preisgarantien im Einzelhandel scheinen auf den ersten Blick Ergebnis eines intensiven Wettbewerbs zu sein. Theoretische Analysen und empirische Studien zeigen jedoch, dass dies in der Regel nicht der Fall ist. Preisgarantien und hier vor allem Garantien, bei denen mehr als die Differenz zu...

Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...