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This paper gives a general, theoretical treatment of the interdependency between price and communication expenditures. We analyze how interaction effects (for example the impact of communication on the sales sensitivity to price changes) affect the optimal marketing mix structure (for example...
Persistent link: https://www.econbiz.de/10005793088
This paper studies corporatism as the outcome of bargaining between the government and a representative labor union. When negotiations between these two parties only relate to macroeconomic stabilization, we show that corporatism can never be beneficial to both parties. As corporatist policies...
Persistent link: https://www.econbiz.de/10008489608
The paper considers a public authority wishing to carry out a major public project. As a result of competitive bidding the project is assigned to the firm with the lowest bid. The cost of the project is uncertain in the sense that it can be low or high. After the bidding process the firm...
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This paper analyzes a semicollusive, differentiated duopoly. Firms first compete in cost reducing R&D and then cooperate on the output market. The sharing of the joint profit on the output market is modeled as a Nash bargaining game. We study an asymmetric setting in which one firm has a lower...
Persistent link: https://www.econbiz.de/10010765577
The purpose of this paper is to study toll and investment competition along a serial transport corridor competition allowing for partial cooperation between regional governments. Partial cooperation is modeled as a Nash bargaining problem with endogenous disagreement points. We show that the...
Persistent link: https://www.econbiz.de/10008565916
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In this paper we analyze and compare the behavior of sports clubs in a profit and a win maximization league if the decisions on the optimal ticket price and the talent demand have to be made simultaneously. From this 2-decision-variable model, a few interesting conclusions, regarding the impact...
Persistent link: https://www.econbiz.de/10005466869