Showing 1 - 10 of 863
In this paper we analyse limit pricing by an incumbent when faced by a multi-market entrant which can produce (subject to a constraint) in several markets simultaneously. We find that using three sizes of fixed costs, signalling occurs in even when entry cannot be deterred and that the limit...
Persistent link: https://www.econbiz.de/10010734846
In this paper we consider the traditional entry mode choice of an incumbent monopolist facing entry by a single foreign firm. By allowing entry to be either via exporting or foreign direct investment and for the possibility of Stackelberg equilibria where firms can set quantities in one of two...
Persistent link: https://www.econbiz.de/10005341494
In this paper we enrich the Brabander (1981) and Brander and Krugman (1983) model of reciprocal entry by placing it i a setting of two-sided asymetric information. Following the limit pricing methodology of Milgrom and Roberts (1982), we show that the limit price is affected by a firm''s desire...
Persistent link: https://www.econbiz.de/10005304793
In this paper we analyse limit pricing by an incumbent when faced by a multi-market entrant which can produce (subject to a constraint) in several markets simultaneously. We find that using three sizes of fixed costs, signalling occurs in even when entry cannot be deterred and that the limit...
Persistent link: https://www.econbiz.de/10005304899
This paper is the first that analyzes the relation between maternal work hours and the cognitive outcomes of young school-going children. When children attend school, the potential time working mothers miss out with their children, is smaller than when children do not yet attend school. At the...
Persistent link: https://www.econbiz.de/10011133597
This paper measures determinants of individual academic achievements. In addition to an extensive list of individual characteristics, skills obtained during study and socio-economic background factors, many dimensions of selectivity into academic study subjects are shown to drive individual...
Persistent link: https://www.econbiz.de/10011133598
At each moment in time, some alternative from a finite set is selected by a dynamic process. Players observe the alternative selected and sequentially cast a yes or a no vote. If the set of players casting a yes–vote is decisive for the alternative in question,the alternative is accepted...
Persistent link: https://www.econbiz.de/10011133599
Social background directly impacts educational choice and attainment, but also influences choice and attainment indirectly by affecting school performance. Boudon (1974) described this relationship as primary (indirect) and secondary (direct) effects of social stratification. Based on this...
Persistent link: https://www.econbiz.de/10011133600
We try to explain the differences between the performance (in both reading and math) of 8430 15-year-old daughters and 8526 15-year-old sons in 17 Organisation for Economic Cooperation and Development destination countries across Europe and Oceania with the PISA 2009 data from 45 origin...
Persistent link: https://www.econbiz.de/10011133601
This paper presents the results from an experiment investigating whether framing affects the elicitation and predictive power of preferences for cooperation, i.e., the willingness to cooperate with others. Cooperation preferences are elicited in three treatments using the method of Fischbacher,...
Persistent link: https://www.econbiz.de/10011133602