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output milk-processing market. However, the abuse of oligopoly market power is not large on average, despite the fact that we … (about 10 %) with considerably high oligopoly market power. …
Persistent link: https://www.econbiz.de/10013172078
This paper investigates the effect of freight transport time savings (FTTS) on the performance of transport consuming companies. In the first part existing methods on FTTS valuation are critically discussed and their limitations are identified. Following, a conceptual model is built introducing...
Persistent link: https://www.econbiz.de/10011310243
On the Rationality of Sequential ChoiceThe paper discusses the problem of discounting, time preference, and time consistent decision making. While a constant pure rate of time preference leads to consistent consumption plans, other discounting schemes - like hyperbolic discounting - do not....
Persistent link: https://www.econbiz.de/10015079105
The paper presents an economic model of interaction between cricket boards, players and international club-line games sponsors like ICL or IPL. It attempts to capture the inherent conflict between such games and country-line games traditionally organized by cricket boards. It identifies the...
Persistent link: https://www.econbiz.de/10010298616
We analyse the effects of predation in a vertical differentiation model, where the high-quality incumbent is able to price discriminate while the low-quality entrant sets a uniform price. The incumbent may act as a predator, that is, it may price below its marginal costs on a subset of consumers...
Persistent link: https://www.econbiz.de/10010298817
Seitdem sich im Lauf des letzten Jahres die Rohölpreise nahezu halbiert haben, wird viel darüber spekuliert, wie deren zukünftiger Verlauf sein könnte. In seinem Kommentar befasst sich Georg Erber, European Productivity Research Center, mit dem Einfluss der OPEC und der USA auf die Erdölpreise.
Persistent link: https://www.econbiz.de/10011693841
Persistent link: https://www.econbiz.de/10011696753
Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...
Persistent link: https://www.econbiz.de/10011538734
This contribution gives an overview of the main results of our theoretical research on the stability and change of labour market institutions. We use so-called models of unionised oligopolies which are borrowed from the theory of industrial organization in order to analyse the effects of...
Persistent link: https://www.econbiz.de/10011650736
How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a … Cournot oligopoly in which firms produce a homogeneous commodity and market entry is feasible. Marginal costs are unknown ex … analytical setup. Furthermore, the welfare loss due to oligopoly tends to increase with uncertainty. …
Persistent link: https://www.econbiz.de/10013464617