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increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …
Persistent link: https://www.econbiz.de/10001595502
increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …
Persistent link: https://www.econbiz.de/10011401020
addition, the paper finds that it is feasible in the monopoly optimum that the bundle for low-demand agents is more expensive …
Persistent link: https://www.econbiz.de/10010487752
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/10010272373
capacities can be larger or smaller with a duopoly than with a monopoly. If the two firms co-ordinate on a pareto dominant … kann sowohl größer als auch kleiner sein als im Monopol. Falls die zwei Unternehmen sich jedoch auf ein paretodominantes … Wettbewerbsgleichgewicht als im Monopol, wobei ersteres nur bei relativ geringen Kapazitätskosten existiert. …
Persistent link: https://www.econbiz.de/10010278102
Since 1979, when the first antidumping case against China was initiated by the European Union, the EU has lodged nearly 90 antidumping proceedings against China by the end of 2000. China by now, has become the country most accused of dumping by the EU. Most of the antidumping suits have led to...
Persistent link: https://www.econbiz.de/10010313429
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices before they buy electricity in the wholesale...
Persistent link: https://www.econbiz.de/10012142389
Motivated by the failure of competition to emerge after the natural gas market in the Czech Republic was liberalized, I explore the impact of natural gas storage ownership and upstream competition on the downstream level. I extend standard Cournot models to understand current and likely future...
Persistent link: https://www.econbiz.de/10005086605