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MODELING INTERNATIONAL TRADE IMPACTS OF GENETICALLY MODIFIED WHEAT INTRODUCTIONS

DeVuyst, Eric A.; Koo, Won W.; DeVuyst, Cheryl Sinn; … - Department of Agribusiness and Applied Economics, North … - 2001

Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...

Persistent link: https://www.econbiz.de/10005525865

Advantageous or Disadvantageous Semi-collusion Licensing in a Vertically Separated Industry

Mukherjee, Arijit - EconWPA - 2002

This paper compares profits and consumer surplus under non-cooperation and collusion in the product market when the firms have the option for R&D before production. We show that whether R&D investment would be higher under non-cooperation or product market collusion depends on the R\&D...

Persistent link: https://www.econbiz.de/10005412980

The Money Metric, Price and Quantity Aggregation and Welfare Measurement

Hillinger, Claude - In: Contributions to Macroeconomics 3 (2003) 1, pp. 1098-1098

The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …

Persistent link: https://www.econbiz.de/10005459108

TOWARD A VALUE FOR GUIDED RAFTING ON SOUTHERN RIVERS

Bowker, James Michael; English, Donald B.K.; Donovan, … - In: Journal of Agricultural and Applied Economics 28 (1996) 02

This study examines per trip consumer surplus associated with guided whitewater rafting on two southern rivers. First, household recreation demand functions are estimated based on the individual travel cost model using truncated count data regression methods and alternative price specifications....

Persistent link: https://www.econbiz.de/10005469210

Too Many Bargainers Spoil The Broth: The Impact of Bargaining on Markets with Price Takers

Gill, David; Thanassoulis, John - Department of Economics, Oxford University - 2007

In this paper we study how bargainers impact on markets in which firms set a list price to sell to those consumers who take prices as given. The list price acts as an outside option for the bargainers, so the higher the list price, the more the firms can extract from bargainers. We find that an...

Persistent link: https://www.econbiz.de/10004977885

Supply chain performance and consumer surplus under alternative structures of channel dominance

Xue, Weili; Caliskan Demirag, Ozgun; Niu, Baozhuang - In: European Journal of Operational Research 239 (2014) 1, pp. 130-145

the inventory risk to the weaker party. We analyze all problems in a game-theory based framework and characterize the …

Persistent link: https://www.econbiz.de/10011097835

Una aproximación a indicadores diseñados para la medición de impacto en el bienestar del consumidor

Saavedra, Herrera; Pablo, Juan; Lis-Gutiérrez, Jenny-Paola - Volkswirtschaftliche Fakultät, … - 2012

This paper presents some theoretical foundations underlying the welfare analysis that can be established in order to quantify the impact on consumers, when an agent violates the rights of purchaser and such behavior is reflected in a price increase. This exercise allows us to conclude that if it...

Persistent link: https://www.econbiz.de/10011109080

Open issues in the practice of cost benefit analysis of transport projects

Grimaldi, Raffaele; Beria, Paolo - Volkswirtschaftliche Fakultät, … - 2013

Cost benefit analysis is the commonly used tool to evaluate transport investments. Despite its diffusion, both the technicalities and the purpose of the analysis differ among countries. This paper focuses on some common issues and lacks still present in the evaluation of transport projects, in...

Persistent link: https://www.econbiz.de/10011110400

Competitive Effects of Exchanges or Sales of Airport Landing Slots

Reitzes, James; McVeigh, Brendan; Powers, Nicholas; … - In: Review of Industrial Organization 46 (2015) 2, pp. 95-125

<Para ID="Par1">We investigate the competitive effects of exchanges or sales of airport landing slots, using a model where airlines allocate their slot endowments across routes consistent with a Cournot–Nash equilibrium. With symmetric endowments, an increase in the number of slot-holding airlines raises...</para>

Persistent link: https://www.econbiz.de/10011154763

BUNDLING WITH QUALITY CHOICE

CHUNG, HUI-LING; CHEN, HUNG-YI; HU, JIN-LI; LIN, YAN-SHU - In: Hitotsubashi Journal of Economics 55 (2014) 2, pp. 147-165

Antitrust authorities consider commodity bundling as an extension of monopoly power to other markets which harms consumers. This paper analyzes quality competition and its effect on consumer surplus for the case of commodity bundling by a multi-product firm in a vertically differentiated...

Persistent link: https://www.econbiz.de/10011156846