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<title>Abstract</title><italic>We analyze a simple two-period linear demand durable-goods monopoly model with "self-sabotage." The firm has the ability to sabotage its own production by increasing its future (period two) manufacturing costs. We find that an uncommitted monopoly seller has an incentive to engage in...</italic>
Persistent link: https://www.econbiz.de/10010972874
We suppose that guns or firearms are subject to an anticipated future buyback program undertaken by the government. A simple linear demand durable-goods monopoly model is then analyzed where the durable-good manufactured is a firearm that lasts for two-periods. The model is calibrated so that...
Persistent link: https://www.econbiz.de/10010927779
Since many publicly owned firms manufacture a durable product we examine a simple two-period, constant returns technology, durability choice monopoly model under public ownership. Various types of firm commitment ability are analyzed. The model suggests that many of the standard results of...
Persistent link: https://www.econbiz.de/10005315133
A mixed duopoly setting is examined where a private non-profit firm (NPO) competes with a private profit-maximizer. The NPO's stakeholders select a contract for their managers. A novel NPO objective function is utilized which takes into account all the likely returns to the NPO's stakeholders...
Persistent link: https://www.econbiz.de/10005209331
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A simple linear demand two-period durable goods is analyzed where the durable good is provided by private non-profit organization (NPO). A novel flexible objective function is utilized that allows for both the “commercial” and “social concern” aspects of NPOs. The model indicates NPO’s...
Persistent link: https://www.econbiz.de/10005800551
We explore the impact of durable goods piracy in a simple two-period durability choice setting where an originator faces a future for-profit pirate that clones or duplicates copies of the durable good. We find that a social planner, as well as a monopoly originator, may well engage in a sort of...
Persistent link: https://www.econbiz.de/10008472829
Utilizing a model that allows for the welfare of the commercial NPO's stakeholders directly in terms of their consumer surplus, and indirectly in terms of NPO profits, we explore the impact of changes in the NPO's "social concern" for consumers on market efficiency. Three separate Cournot mixed...
Persistent link: https://www.econbiz.de/10005131360
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