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setting. However, since profits accrue to the rich, this is partially mitigated under social preferences for equity. Overall …
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Can an increasing importance of intangible capital explain increases in markups and profits? I use a heterogeneous firm … model to show how intangible capital, characterized by fixed costs and uncertainty, is related to markups and profits at the … high markups do not imply any economic profits in the industry if they only serve to cover the total fixed costs of …
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windfall profits and provide an impulse for further price hikes. (2) To protect profit margins from rising costs, downstream …
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mitigated through additional preferential tariff concessions under the WTO or a globally coordinated destination tax on profits …
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Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...
Persistent link: https://www.econbiz.de/10011380731
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …
Persistent link: https://www.econbiz.de/10009771871