Results 91 to 100 of about 61,268 (231)
Price and inventory dynamics in an oligopoly industry: A framework for commodity markets [PDF]
This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications for the dynamics of prices. The work extends existing literature and especially the work of Hall and Rust (2007) to endogenous prices ...
Steinmetz, Alexander
core +3 more sources
Governing by Ambiguity: Sociotechnical Imaginaries of Platforms in China
ABSTRACT Besides clear policy directives, the unresolved and open‐ended elements in policy communication also create discursive politics. This article argues that ambiguity in policy communication reflects the state's exercise of power within a fractured sociocultural landscape.
Fangyu Qing, Ngai Keung Chan
wiley +1 more source
Cost Arrangement and Welfare in a Multi-Product Cournot Oligopoly [PDF]
Welfare in a two-product Cournot oligopoly is shown to increase (decrease) with an increase in correlation between unit costs when the outputs complement (substitute) in demand.
Hennessy, David A., Lapan, Harvey E.
core
Blockchain for the Arts and Humanities
ABSTRACT As born‐digital cultural materials proliferate, the arts and humanities require infrastructures that guarantee provenance, authenticity, and equitable access. This paper delivers a comprehensive, critical survey of blockchain's potential and limits across the sector.
James O'Sullivan
wiley +1 more source
Incentives and welfare effect of sharing firm-specific information [PDF]
This paper studies the incentives and the welfare effect of sharing firm-specific information in asymmetric Cournot and Bertrand oligopoly with mixed substitute and complement goods.
Jin, Jim Y.
core
Asymmetric Information With Multiple Risks: The Case of the Chilean Private Health Insurance Market
ABSTRACT We extend the Rothshild and Stiglitz (1976) model to two sources of risk –inpatient and outpatient risk– to better proxy real‐world health insurance markets. We uncover an interesting theoretical possibility: Take individuals A and B, who are low risks in, say, the inpatient dimension but A is riskier in the outpatient dimension.
Dolores de la Mata +3 more
wiley +1 more source
Excess liquidity, oligopolistic loan markets and monetary policy in LDCs [PDF]
Evidence about commercial banks’ liquidity preference says the following about the loan market in LDCs: (i) the loan interest rate is a minimum mark-up rate; (ii) the loan market is characterized by oligopoly power; and (iii) indirect monetary policy, a ...
Tarron Khemraj
core
Spatial price competition and buyer power in the U.S. beef packing industry
Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
A Value Added Tax in an Oligopolistic Economy [PDF]
This paper identifies a new mechanism through which value added taxes may influence the degree of competition in oligapolistic markets. The analysis is based on an oligopoly in which firms interact over an indefinite period of time and hence tacitly ...
Richard Damania
core
We specify an oligopoly game, where firms choose quantity in order to maximise profits, that is strategically equivalent to a standard Tullock rent-seeking game.
Flavio Menezes, John Quiggin
core

