Zusammenfassung Der Beitrag untersucht, bei welcher Marktgröße, bei welcher Kartellgröße und bei welchem Homogenitätsgrad der angebotenen Produkte ein Anbieterkartell intern und extern stabil sein kann. Betrachtet werden Nash-Gleichgewichte, in denen die Anbieter reine Preisstrategien...

Summary The improved international tradability of services and the better protection of intellectual property rights - both of which have been results of the Uruguay Round - increase the international tradability of know-how. This paper investigates the economic impact of this. It is shown that...

Purpose The purpose of this paper is to offer clarity on a central concept introduced in Porter’s The Competitive Advantage of Nations , i.e. the cluster. The authors situate the concept introduced by Porter (1990) relative to two of its antecedents, the industrial district and industrial...

Purpose This study aims to explore the impact of locational and seasonal factors on the financial performance of short-term rental properties in Margaret River, Western Australia. It seeks to address the gap in understanding how these factors influence key financial metrics such as average daily...

In this paper, we use a spatial competition model developed by Pal (1998) to analyze producer imposed retail price ceilings and producer assigned exclusive geographic sales territories. Two wholesale distributors are presumed to each have a single collection point respectively from which they...

The paper examines under what conditions vertically differentiated duopolists engage in first-degree price discrimination. Each firm decides on a pricing regime at a first stage and sets prices at a second stage. The paper shows that when unit cost is an increasing and convex function of...