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We analyze two-part tariffs in oligopoly, where each firm commits to a certain quantity. The model is an extension of the one introduced in Harrison and Kline (2001).We show that their main results are reversed when the model is extended from one to two types of consumers.
Persistent link: https://www.econbiz.de/10005672017
This paper presents estimates of total factor productivity growth for 55 manufacturing industries over the period 1927 to 1959. The long-run rate of growth in TFB is about 1 per cent per year for total manufacturing, but there are considerable variations in TFP growth rates acros industries and...
Persistent link: https://www.econbiz.de/10005672018
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We estimate a standard human capital earnings model, augmented to allow for different firm-specific wage premia. The earnings of an individual depend on her human capital bundle and the earnings mark-up of the firm she is currently working for. We use linked employer-employee data from Norway...
Persistent link: https://www.econbiz.de/10005672022
A model of semicollusion, where firms collude on prices and compete on capacities, is tailor-made to the characteristics of the Norwegian cement market and tested empirically on this particular market for the period 1927-1982. The results indicate that the rapid increase in capacity and thereby...
Persistent link: https://www.econbiz.de/10005672023
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Two TV channels compete on programming with respect to both time schedule (continuous choice) and programme progile (discrete choice), with a directional constraint concerning time schedule (viewers cannot watch TV before they get home). We show how the relative importance of programme progile...
Persistent link: https://www.econbiz.de/10005672026
In a model of endogenous choice of location and endogenous aversion against inequality, we demonstrate that large pre-tax difference in income may lead to a residential segregation of rich and poor. Such segregation may reduce the social attachment between the groups in society, and reduce the...
Persistent link: https://www.econbiz.de/10005672027