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We investigate the effectiveness of tax and transfer policies in correcting market distortions when the economy is imperfectly competitive. We perform this analysis in the context of an exchange model representing bilateral oligopoly situations, which constitute particular examples of Shapley–Shubik strategic market games.
GRAZZINI, LISA, J. GABSZEWICZ
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Loan portfolio diversification and bank returns: Do business models and market power matter?
The paper examines how loan portfolio diversification drives bank returns, mainly focusing on the conditioning roles of business models and market power in this nexus.
Japan Huynh, Van Dan Dang
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Fuel subsidies versus market power : is there a countervailing second-best optimum? [PDF]
Fuel subsidies distort end-use prices below cost, resulting in overconsumption and huge environmental cost. On the other hand, the mark-up over cost due to the exercise of market power results in the social loss of consumer surplus. We open a new line of
Adetutu, Morakinyo O.+1 more
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Price transmission in milk supply chain in Ukraine
Purpose. The purpose of the study, which results are submitted in the article, is to analyze the vertical price transmission along the milk supply chain in Ukraine and identify whether this price transmission is symmetric or asymmetric in terms of ...
Viktoriya Onegina+3 more
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Sequential Markets, Market Power, and Arbitrage [PDF]
We develop a framework to characterize strategic behavior in sequential markets under imperfect competition and restricted entry in arbitrage. Our theory predicts that these two elements can generate a systematic price premium. We test the model predictions using microdata from the Iberian electricity market.
Koichiro Ito, Mar Reguant
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Market power analysis of the Indian power market
Emerging electricity reforms in the power market aims at removing the monopolistic oligopoly power market and promoting competition in the market by providing opportunities to more producers. This paper seeks to investigate various existing structures of the Power Market.
Asheesh K. Singh+3 more
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Market Power, Intertemporal Permits Trading, and Economic Efficiency
The banking and borrowing (BB) system has been developed gradually in the tradable permits market to perform a role as an environmental management tool.
Minxing Jiang+6 more
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Market Power and Technological Bias: The Case of Electricity Generation [PDF]
It is difficult to elminated all market power in electricity markets and it is therefore frequently suggested that some market power should be tolerated: extra revenues contribute to fixed cost recovery,facilitate investment and increase security of ...
Neuhoff, Karsten, Twomey, Paul
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Do Commercial Banks in Poland Pass the Bank Tax On to Their Customers?
Theoretical background: Bank tax was introduced in Poland in February 2016. As a consequence, several banks with assets surpassing certain value need to cope with the additional burden.
Andrzej Karpowicz+2 more
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THE EFFECT OF TOURISM OVERNIGHT STAYS ON CROATIA’S EXTRA VIRGIN OLIVE OIL PRICES AND MARKET POWER: AN EMPIRICAL STUDY [PDF]
The objective of this study was to analyse the impact of positive externalities of international tourism demand on increasing the market power (MP) of an extra virgin olive oil (EVOO) wholesaler in Croatia. In the context of this article, the MP measures
Zdravko Šergo+2 more
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