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A Flexible Oligopoly-Oligopsony Model for Classroom Simulations and Policy Analyses

Saitone, Tina L; Sexton, Richard J. - In: Journal of Industrial Organization Education 4 (2009) 1, pp. 1-16

oligopoly power. The model is capable of depicting all forms of market power ranging from perfect competition to pure monopoly …

Persistent link: https://www.econbiz.de/10014613580

Is China's dairy processing industry oligopolistic and/or oligopsonistic?

Dai, Jiawu; Wang, Xiuqing - In: China Agricultural Economic Review 6 (2014) 4, pp. 644-653

characterized by strong degree of oligopoly. The purpose of this paper is to take the dairy processing industry as an epitome of … oligopoly and oligopsony powers in China's dairy sector, and the latter is stronger. The authors then turn to measure these two … both strong oligopoly and oligopsony power, but the latter is stronger than the former. Meanwhile, with the continuous …

Persistent link: https://www.econbiz.de/10014689712

Market Power Effects on Market Equilibrium in Ambient Permit Markets

Schwartz, Sonia - In: The B.E. Journal of Economic Analysis & Policy 7 (2007) 1

Abstract This paper discusses market power effects in ambient permit markets. We consider a dominant firm in a position to exert market power in several markets. A first conclusion is that the distortion observed on manipulated markets spreads to other markets. We find that the manipulated...

Persistent link: https://www.econbiz.de/10014587590

R&D Subsidies and the Surplus Appropriability Problem

Sørensen, Anders - In: Topics in Macroeconomics 6 (2006) 2

It may be optimal from a welfare perspective to use R&D subsidies when the source of R&D distortions originates from the surplus appropriability problem and technological spillovers in the form of knowledge spillovers, creative destruction, and duplication externalities are absent. Hence, R&D...

Persistent link: https://www.econbiz.de/10014588405

Effective Scrappage Subsidies

Esteban, Susanna - In: The B.E. Journal of Theoretical Economics 7 (2007) 1

It is a common practice for governments to offer scrappage subsidies in order to stimulate the early removal of used cars and modify the distribution of vehicle holdings. In this paper, we analyze the market implications of such subsidies when producers have market power and face competition...

Persistent link: https://www.econbiz.de/10014589096

Inventory Constraints in a Dynamic Model of Imperfect Competition: An Application to Beef Packing

Hunnicutt, Lynn; Aadland, David - In: Journal of Agricultural & Food Industrial Organization 1 (2003) 1

This paper incorporates inventory dynamics into a standard conjectural variations analysis of market power. Using a model which incorporates closed-loop equilibrium strategies, we show that measures of market power that ignore inventory dynamics are biased. We then apply the model to the...

Persistent link: https://www.econbiz.de/10014601236

A Simple Test of Oligopsony Behavior with an Application to Rice Milling

Crespi, John M.; Gao, Zhifeng; Hanawa Peterson, Hikaru - In: Journal of Agricultural & Food Industrial Organization 3 (2005) 2

While the development of empirical models of seller conduct abound, arguably less attention has been paid to the development of empirical models of buyer conduct. This is especially problematic in studies of food and agricultural industries where high buyer concentration along the supply chain...

Persistent link: https://www.econbiz.de/10014601278

Market Power and European Competition in the Swedish Food Industry

Wilhelmsson, Fredrik - In: Journal of Agricultural & Food Industrial Organization 4 (2006) 1

This paper investigates the existence of market power in the Swedish food and beverage industry and how market power has been affected by European competition (the Single Market and Swedish EU membership). The study makes use of a census of some 500 firms for the period 19902002. The results...

Persistent link: https://www.econbiz.de/10014601289

Comment on Burgess and Zerbe: On Bank Market Power and the Social Discount Rate

Johansson, Per-Olov; Kriström, Bengt - In: Journal of Benefit-Cost Analysis 2 (2011) 3

In this note we discuss how to estimate the social discount rate when banks have market power. Some data from Sweden are used to illustrate the approach. If other investments are crowded out, the implied social discount rate is around 7 percent, i.e. more or less equal to the one suggested by...

Persistent link: https://www.econbiz.de/10014601592

Market Power in Regional Retail Gasoline Markets? An Empirical Analysis / Marktmacht auf regionalen Märkten. Eine empirische Analyse am Beispiel des Kraftstoffmarktes in der Bundes...

Drescher, Klaus; McNamara, Kevin - In: Jahrbücher für Nationalökonomie und Statistik 221 (2001) 1, pp. 1-13

Zusammenfassung Der vorliegende Beitrag befaßt sich mit der Beziehung zwischen Treibstoffpreisen und der Marktstruktur im deutschen Tankstellensektor. Aufbauend auf ein Cournot-Modell wird getestet, ob die zumeist bundesweit agierenden Mineralölunternehmen auf lokalen Märkten Marktmacht...

Persistent link: https://www.econbiz.de/10014608813