Showing 1 - 10 of 47
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations … regulations for the welfare of differentiated product industries with endogenous entry and exit. … demand, recover variable profits, and estimate entry costs and fixed costs by store type. Counterfactual policy experiments …
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This booktraces the origins of GSEs, contrasts investor-owned and cooperative GSEs, and examines such issues as activities and the quality of oversight.
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The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and … then choose prices. The effects of product differentiation and entry costs are analyzed in two games: with and without … price discrimination between the markets. Allowing price discrimination encourages more entry and tends to reduce prices and …
Persistent link: https://www.econbiz.de/10005836325
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10008919575
This paper discusses work on computable models of entry into regulated markets. Cournot, Stackelberg and Fringe entry … desirability of entry. The simulation results illustrate that welfare optimal component pricing can be highly sensitive to model … component price) exists. In addition, the welfare desirability of entry is seen to be sensitive to the choice of welfare …
Persistent link: https://www.econbiz.de/10009275844
zoning regulations introduced in 1968 in Japan on entry of convenience-store outlets. The act specifies two zoning …-sectional data of entry and zoning in Okinawa in 2002, the paper finds hypothetically eliminating the type 1 and type 2 regulations …
Persistent link: https://www.econbiz.de/10010989249
competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10010263090