Showing 441 - 450 of 492
Market structure and strategic pricing for leading brands sold by Coca Cola and Pepsi Inc. are investigated in the context of a flexible demand specification and structural price equations. This approach is more general than prior studies that rely upon linear approximations and interactions of...
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This paper investigates the pricing and vertical organization of differentiated products under imperfect competition. In a multiproduct context, a Cournot model is used to examine how substitution/complementarity relationships among products and vertical structures can affect the exercise of...
Persistent link: https://www.econbiz.de/10008567918
This article develops a time-varying Markov process of the aggregate size distribution of firms in an industry. This is used to specify and estimate an econometric model of the regional evolution of the number and size of US dairy farms. The empirical results provide evidence concerning the...
Persistent link: https://www.econbiz.de/10008569748
This article proposes a semi-parametric stochastic frontier model (SPSF) in which components of the technology and of technical efficiency are represented using semi-parametric methods and estimated in a Bayesian framework. The approach is illustrated in an application to US farm data. The...
Persistent link: https://www.econbiz.de/10008584447
In this paper, we investigate substitution/complementarity relationships among products sold with different bundled characteristics and under different vertical arrangements. Our conceptual model demonstrates the interactive price impacts emanating from product differentiation, market...
Persistent link: https://www.econbiz.de/10008584448
This paper investigates the pricing of patented traits in the U.S. hybrid corn seed market under imperfect competition. In a multiproduct context, we first examine how substitution/complementarity relationships among products can affect pricing. This is used to motivate multi-product...
Persistent link: https://www.econbiz.de/10008584449
We investigate the pricing of traits in the U.S. corn seed market under imperfect competition. In a multiproduct context, we examine how substitution/complementarity relationships among products can affect pricing. This is used to motivate generalizations of the Herfindahl-Hirschman index...
Persistent link: https://www.econbiz.de/10009148324
This article is a reflection on the path taken by production economics and farm management over the last century, and the progress made in understanding the economics of the farm. The accumulated knowledge has helped refine our assessment of the efficiency of farm management decisions and the...
Persistent link: https://www.econbiz.de/10008680526