Showing 12,401 - 12,410 of 12,515
Revisiting Rothbardian monopoly price theory and extending it to the realm of factor pricing, this paper explains how … environment. Monopolistic grants to capitalists make for situations where both monopoly of demand for factors and monopoly of … supply for their products are inextricably intertwined. Combined with established considerations regarding inelasticity of …
Persistent link: https://www.econbiz.de/10008790886
reduce oil consumption, but also terms of trade and carbon leakage. In particular, we show that under monopoly, reduced oil …
Persistent link: https://www.econbiz.de/10008673407
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of...
Persistent link: https://www.econbiz.de/10008674339
This paper investigates the Italian debate on municipalization between the 1880s and the 1920s and is divided into two parts. The first deals with the emergence of the municipalization in the late nineteenth century as a component in the birth of the Social State. The second part concerns the...
Persistent link: https://www.econbiz.de/10008675152
This article summarizes, in a non technical fashion, the main contributions of Jean-Jacques Laffont and Jean Tirole to the analysis of regulation, with a particular emphasis on their practical implications. We show how their idea of using accounting measures of production costs allows improving...
Persistent link: https://www.econbiz.de/10008680014
trial would be helpful. We found out that a monopoly firm with two similar products would have a strong incentive not to … monopoly firm with a pre-purchase product trial policy to introduce a new product to the market when introducing a new product …
Persistent link: https://www.econbiz.de/10008681203
The NCAA and its member schools are a joint venture that fixes the compensation of its most important workers, the athletes, at a level that is substantially below what would otherwise occur in a competitive market. Claims of amateurism and the need for competitive balance obscure the more than...
Persistent link: https://www.econbiz.de/10008685572
Persistent link: https://www.econbiz.de/10008862347
monopoly because each duopolist has a smaller market size than the monopolist. But social welfare in the monopoly is lower than …
Persistent link: https://www.econbiz.de/10008867255
this alternative is that it provides a closed-form general equilibrium in the case where some industries are monopoly while …
Persistent link: https://www.econbiz.de/10008867266