This paper presents simple conditions for monopoly third-degree price discrimination to have negative or positive e¤ectson aggregate consumer surplus. Consumer surplus is often re-duced by discrimination, for example when total welfare (con-sumer surplus and pro…ts) falls. Surplus increases...

This paper attempts to establish the trend of market development in Europe in thecenturies before the industrial revolution, by applying three different measures ofmarket integration to a compilation of monthly and annual price data. In contrast tomuch of the existing work, which suggests that...

The paper compares Feinstein’s and Clark’s consumer price and real wage indices for theBritish industrial revolution. The sources for their weights and component price series areevaluated. While some of Clark’s innovations are improvements, many of his changesdegrade the price index. A new...

This paper analyses the implications of bargaining between buyers and sellers on the competitive outcome in a homogeneous good industry. Bargaining creates a competitive equilibrium in which some inefficient sellers coexist with efficient leading to productivity dispersion...

I argue that progress in understanding economic development (as in other branches of economics)must come from the investigation of mechanisms; the associated empirical analysis can usefully employa wide range of experimental and non-experimental methods. I discuss three different areas of...

Seit 2008 ist der Postmarkt in Deutschland vollständig geöffnet. Gleichzeitig ist die Exante-Preisgenehmigungspflicht für Massensendungen, die den weit überwiegenden Teilder Briefnachfrage ausmachen, entfallen. Die DPAG kann ihre Preise jetzt flexibler gestaltenund, vor allem durch die...

Wie viel Stück soll ein Händler von einer bestimmten Ware bestellen? Besonders im Schuhhandel,dessen Produkte stark saisonalen Trends und häufigen Modellwechseln unterliegen,konfrontiert die Bestellmenge die Händler mit einem Entscheidungsproblem. Hier helfenprofessionelle Ansätze, bei...

This paper studies the optimal design of monetary policy in an optimizing two-country sticky price model. We suppose that the production sequence of final consumption goods stretches across both contries and is associated with vertical trade. Prices of final consumption goods are sticky in the...

Vortrag beim Workshop 3: Innovation: The Future of Scientific Publishing. 3 Scenarios zum Scenario 2: New Information and Publication Services im Januar 2010.

Der Handels- und Marketing-ExperteWerner Reinartz über Kundengewinnung,Kundenbindung, Kundenwerte,CRM, Sortiments- undPreispolitik und über dieneuen Anforderungenan den Management-Nachwuchs