Showing 1 - 10 of 14,286
Persistent link: https://www.econbiz.de/10001240036
Persistent link: https://www.econbiz.de/10011863815
goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality. … processes for public and private goods - II. Environment, public goods and externalities - III. Efficiency analysis - IV. Fiscal … competition and optimality. The four pictures above evoke a key concept, method or model used in each of these four parts: MDP …
Persistent link: https://www.econbiz.de/10013520614
Persistent link: https://www.econbiz.de/10001078682
endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … competition in prices, (S, s) inventory behavior together with demand uncertainty generates endogenous cyclical patterns in prices … markets and especially observed autocorrelation in price fluctuations. -- Inventory dynamics ; price competition ; oligopoly …
Persistent link: https://www.econbiz.de/10003961661
endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … competition in prices, (S, s) inventory behavior together with demand uncertainty generates endogenous cyclical patterns in prices … markets and especially observed autocorrelation in price fluctuations. -- inventory dynamics ; price competition ; oligopoly …
Persistent link: https://www.econbiz.de/10003965038
The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the number of firms in the market and their asymmetry....
Persistent link: https://www.econbiz.de/10013132898
Persistent link: https://www.econbiz.de/10003982039
Persistent link: https://www.econbiz.de/10012591339