Showing 1 - 10 of 6,904
This paper studies a capacity choice problem in a duopoly with substitutable goods that is composed of one consumer …-friendly firm and one standard absolute profit-maximizing firm in the contexts of both quantity competition and price competition … absolute profit and consumer surplus. We show that in the quantity competition, for the consumer-friendly firm, under …
Persistent link: https://www.econbiz.de/10011077049
We study a duopoly with differentiated and substitutable goods composed of one consumer-friendly firm and one pure …-profit maximizing firm. In such a duopoly, a regulatory authority intervenes to control the degree of altruism of the consumer …-friendly firm. We conclude that under quantity competition, if firms sell goods that are too homogeneous the policymaker should …
Persistent link: https://www.econbiz.de/10011071604
damage and social welfare, under alternative modes of product market competition is examined. It shows that, under pure … differentiation, irrespective of the mode of competition. …
Persistent link: https://www.econbiz.de/10008520381
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longer hold and the conventional ranking of tariffs and quotas is turned on its head:...
Persistent link: https://www.econbiz.de/10005248181
This paper examines the effect of counterfeit goods in a world where consumers are differentiated by level of income and innovation is quality enhancing. Counterfeit goods are defined as products with the same characteristics as “originals”, but of lower quality. The effect of imitation on...
Persistent link: https://www.econbiz.de/10005826398
competition in quality and price. A demand side strategy research looks towards markets and consumers unlike the traditional …
Persistent link: https://www.econbiz.de/10011043259
Der Einzelhandel in der Bandbreite seiner heutigen Erscheinungsformen hat auf der Angebotsseite sowie auf der Nachfrageseite in den zurückliegenden Jahrzehnten einen gravierenden Wandel vollzogen. Dabei ist eine generalisierende Beurteilung sehr schwierig, liegen doch zwischen SB-Warenhäusern,...
Persistent link: https://www.econbiz.de/10011266726
mit einer festen Marge dem traditionellen Eintritt mit anschließendem Preiswettbewerb überlegen ist, da dem etablierten …
Persistent link: https://www.econbiz.de/10008462119
There has been considerable debate concerning whether consumer surplus or total surplus should be the welfare standard for antitrust. This debate misses two critical issues. First, antitrust is not straightforwardly welfarist—it does not maximize but protects, and it does not forbid all...
Persistent link: https://www.econbiz.de/10010843459
This paper proposes a choice-theoretic framework for evaluating economic welfare with the following features. (1) It is applicable irrespective of the positive model used to describe behavior. (2) It subsumes standard welfare economics both as a special case (when standard choice axioms are...
Persistent link: https://www.econbiz.de/10009141770