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This paper uses a least-square regression method that relates per-capita income to four phonetic characteristics (r-dropping, and the so-called "father-bother," "cot-caught" and "pin-pen" mergers), to study the socio-economic significance of those characteristics in North American English. As a...
Persistent link: https://www.econbiz.de/10013123108
This paper presents a model of the penalty-kick game between a soccer goalkeeper and a kicker, in which there is uncertainty about the kicker's type (and there are two possible types of kicker). To find a solution for this game we use the concept of Bayesian equilibrium, and we find that,...
Persistent link: https://www.econbiz.de/10013103288
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique...
Persistent link: https://www.econbiz.de/10012726053
This article analyzes the basic characteristics of the Argentine competition law and the way in which it has been enforced in several important antitrust cases. We begin with a section that introduces the evolution of the law, followed by another section about the basic economic and legal...
Persistent link: https://www.econbiz.de/10012729834
This paper develops an oligopoly model with firms that may potentially be state-owned or privately owned, and solves it for different cases in which the number and ownership of those firms vary. The results are then compared in terms of total surplus and consumer surplus, and this comparison...
Persistent link: https://www.econbiz.de/10012734325
This paper analyzes the behavior of the Argentine hamburger market during the period 2013-2018, to see if an important merger that occurred by the end of 2015 (the BRF/MRP merger) had any discernable market-power or efficiency effects. To do this, we run an econometric demand-and-supply model,...
Persistent link: https://www.econbiz.de/10012857971
This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory. It is primarily...
Persistent link: https://www.econbiz.de/10010879581