Showing 111 - 120 of 26,998
We provide a model of dynamic duopoly in which firms face financial constraints and disappear when they are unable to fulfill them. We show that, in some cases, Cournot outputs are no longer supported in equilibrium, because if these outputs were set, a firm may have incentives to ruin the...
Persistent link: https://www.econbiz.de/10011381914
Using firm-level panel data, this paper exposes differences in the dynamic oil produc- tion regime between private and state-owned firms. I find that state-owned firms reduce the oil supply, ceteris paribus, by 3.5 percent each year, but private firms hold output constant. Furthermore,...
Persistent link: https://www.econbiz.de/10011390681
and identify a feasible strategy for their governments to maintain the attractiveness of their respective countries to …
Persistent link: https://www.econbiz.de/10011400463
cautiously enforce competition policy in this sector with the aim of preventing the market getting worryingly concentrated. Ina …
Persistent link: https://www.econbiz.de/10011417318
in the domestic market. With the reduction in price cost margins, profits fall and increases the productivity threshold … above which firms can operate profitably. This forces inefficient firms out of the market and resources are reallocated from … markets. The presence of trade barriers or government regulations that limit market entry can create inefficiencies leading to …
Persistent link: https://www.econbiz.de/10011421238
by volume traffic in local, mobile and international market segments, are attributed to regulatory process or to some …
Persistent link: https://www.econbiz.de/10011421589
In the article, I focus on the goal of creating a single competitive European natural gas market. After a brief … the vision of the European Union for gas market liberalisation and its outcome. With the help of a case study from the … costs. The cause is the basic features - or the "nature" - of the gas market and the different institutional settings of …
Persistent link: https://www.econbiz.de/10010322156
One of the goals of the European Commission in the energy sector is creating a single competitive European market. The … attention to oil-linked pricing in long-term contracts and the consequences of market liberalisation/unbundling. We provide the … that next to basic conditions on the European gas market (import dependency on external gas producers) individual legal and …
Persistent link: https://www.econbiz.de/10010322159
This paper investigates the market structure of Arab GCC banking industry during the years of 1993 to 2002 using the … under conditions of monopolistic competition; and we are unable to reject monopolistic competition for the banking market in …
Persistent link: https://www.econbiz.de/10010322778
We develop a model in which novelty and conformity motivate fashion behavior. Fashion cycles occur if conformity is not too high. The duration of fashion cycles depends on individual-specific conformity, novelty, and the number of available styles. The use of individual-specific novelty and...
Persistent link: https://www.econbiz.de/10010323889