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Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies.

Engel, C.; Rogers, J.H. - Department of Economics, University of Washington - 1996

We find evidence that the law of one price (LOOP) holds more nearly for country pairs that are within geographic regions that for country pairs that are not.

Persistent link: https://www.econbiz.de/10005660427

Comparative Statics in Free Entry Cournot Equilibrium.

Fradera, I.; Corchon, L. - Departament d'Economia i Història Econòmica, … - 1996

We study the effects of a change in some exogenous variable (the fixed cost or a parameter in the payoff functions) on the strategies played in a Symmetric Cournot Equilibrium with Free Entry (SCEFE). We also show that any observation on prices, profits and number of firms is compatible with the...

Persistent link: https://www.econbiz.de/10005823929

Regulatory Rules to Neutralize Network Dominance.

Economides, N.; Lopomo, G.; Woroch, G. - Economics Department, Stern School of Business - 1996

This paper evaluates the effectiveness of several pricing rules intended to promote entry into a network industry …

Persistent link: https://www.econbiz.de/10005061779

From Hotelling to Backstop Technology.

Levy, A. - School of Accounting, Economics, and Finance, … - 2000

Hotelling's conceptual framework is expanded to incorporate the effects of a backstop technology on the planning horizon of the suppliers of an exhaustible resource and its price and quantity trajectories. It is shown that in the non-trivial case, the presence of a backstop technology shortens...

Persistent link: https://www.econbiz.de/10005515460

Contracts to Mitigate Deadweight Loss.

Raskovick, A. - Antitrust Division, Department of Justice - 1996

Exploring a variant of the model of Aghion and Bolton Yields the following results. When an incumbent seller is constrained to price linearly, an exclusionary vertical contract Pareto-dominates spot sales by smoothing prices across states of the world ( potential entrant does or does not appear).

Persistent link: https://www.econbiz.de/10005661125

Industry concentration dynamics and structural changes: The case of aerospace & defence

Lyócsa, Štefan; Svoboda, Svatopluk; Výrost, Tomáš - 2010

In this paper we present a general approach and methodology for modelling concentration dynamics on industrial level. The majority of research in this field has usually been focused on estimating adjustment models, where the speed of adjustment of actual level of concentration to the long-run...

Persistent link: https://www.econbiz.de/10010322172

Price setting and price adjustment in some European Union countries: Introduction to the special issue

Levy, Daniel; Smets, Frank - 2010

This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.

Persistent link: https://www.econbiz.de/10010336066

Pricing Better

Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019

field experiment, we assess such impact of ESL by studying how it shapes retail pricing practices and outcomes. Our general … role in pricing. To the best of our knowledge, ours is the first study to explore and quantify how ESL interacts with … retail strategy to affect retail pricing practices and retail outcomes. …

Persistent link: https://www.econbiz.de/10012052133

Price Rigidity and Flexibility: New Empirical Evidence - Introduction to the Special Issue

Levy, Daniel - In: Managerial and Decision Economics 28 (2007) 7 (Special Issue: Price Rigidity and Flexibility: New Empirical Evidence), pp. 639-647

The marketplace, along with its price system, is the single most important institution in a western‐style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently, and that ability lies behind the magical...

Persistent link: https://www.econbiz.de/10012140550

Price Setting and Price Adjustment in Some European Union Countries

Levy, Daniel; Smets, Frank - In: Managerial and Decision Economics 31 (2010) 2‐3 (Special Issue: Price Setting and Price Adjustment in Some European Union Countries), pp. 63-66

This introductory essay briefly summarizes the 11 empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.

Persistent link: https://www.econbiz.de/10012140552

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