Results 31 to 40 of about 75,253 (47)
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Congestion Management Games in Electricity Markets
Social Science Research NetworkThis paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set ...
Karl-Martin Ehrhart +6 more
semanticscholar +1 more source
The American Economic Review
Geographic dispersion of depositors, borrowers, and banks may prevent funding from flowing to high-loan-demand areas, limiting credit access. Using bank-county-year-level data, we provide evidence of geographic imbalance of deposits and loans and develop
Victor Aguirregabiria +2 more
semanticscholar +1 more source
Geographic dispersion of depositors, borrowers, and banks may prevent funding from flowing to high-loan-demand areas, limiting credit access. Using bank-county-year-level data, we provide evidence of geographic imbalance of deposits and loans and develop
Victor Aguirregabiria +2 more
semanticscholar +1 more source
Natural Gas Vehicles: Consequences for Fuel Markets and the Environment
Energy JournalPolicies to adopt cleaner fuels have become increasingly important, but their impacts on incumbent fuel prices and resulting greenhouse gas emissions remain unclear.
Roberto Amaral-Santos +2 more
semanticscholar +1 more source
Estudio de duopolios mixtos con costos de transporte a una potencia arbitraria
Inquietud EmpresarialEn un escenario donde se considera la existencia de una empresa de carácter privado y una empresa de carácter público con características de competencia en duopolio, la literatura ha encontrado que, bajo la consideración de una función de costos de ...
Daniela Hernández Altamirano +2 more
semanticscholar +1 more source
The High and Falling Price of Cement in Africa
American Economic Journal: Applied EconomicsPrices for several intermediate inputs, including cement, are higher in developing economies—particularly in Africa. Combining recent data from the International Comparison Program with a global directory of cement firms, we estimate an industry ...
Fabrizio Leone +2 more
semanticscholar +1 more source
Labor Market Power and Development
American Economic Review: InsightsImperfect competition in labor markets can lead to efficiency losses and lower aggregate output. This paper examines how variations in labor market competitiveness may account for differences in GDP per capita among countries.
Tristany Armangué-Jubert +2 more
semanticscholar +1 more source
The Impact of Wholesale Price Caps on Forward Contracting
Energy JournalIncreasing (or eliminating) the caps on short-term wholesale prices is generally thought to promote long-term forward contracting for electricity. We find that a higher price cap typically enhances the incentives of electricity buyers (e.g., load-serving
David P. Brown, D. Sappington
semanticscholar +1 more source
Algorithmic Collusion is Algorithm Orchestration
arXiv.orgWe propose a fresh `meta-game'perspective on the problem of algorithmic collusion in pricing games a la Bertrand. Economists have interpreted the fact that algorithms can learn to price collusively as tacit collusion.
Cesare Carissimo +3 more
semanticscholar +1 more source
The Effects of Competition and Entry in Multi-sided Markets
, 2020We study price competition and entry of platforms in multi-sided markets. Utilizing the simplicity of the equilibrium pricing formula in our setting with heterogeneity of customers’ membership benefits, we demonstrate that in the presence of ...
G. Tan, Junjie Zhou
semanticscholar +1 more source
Competitive Bidding in Drug Procurement: Evidence from China
Social Science Research NetworkWe study the equilibrium effects of introducing competitive bidding in drug procurement. In 2019, China introduced a competitive bidding program where drug companies bid for a prespecified procurement quantity in nine provinces.
Sheng Cao, Chuan-xin Yu, Xuejie Yi
semanticscholar +1 more source