Results 41 to 50 of about 60,951 (215)
For the world’s leading agribusinesses, climate change represents both a threat and an opportunity. The threat, of course, is the uncertainty of crop growing conditions and that supply chains won’t be able to adjust and deliver inputs of seeds ...
Pat Mooney, ETC Group
doaj +1 more source
Stable Price Dispersion under Heterogeneous Buyer Consideration
ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
This article develops a simple linear model of oligopoly and uses it to provide a detailed characterization of equilibrium prices, quantities, mark-ups, price elasticities of market demand; and welfare, all in terms of the parameters of the model.
Hernan Vallejo
doaj +1 more source
Fossil Fuels and Renewable Energy: Mix or Match?
ABSTRACT This article investigates the influence of technological ownership on pricing strategies and productive efficiency. Our motivation comes from the evolving landscape of electricity markets where firms are transitioning from diversified to specialized portfolios, focusing on renewable energy or fossil fuels.
Natalia Fabra, Gerard Llobet
wiley +1 more source
Determinants of Profitability in Oligopoly and Oligopsony Markets [PDF]
This paper provides a theoretical model in which the firms within aprocessing industry behave in an oligopolistic and oligopsonisticmarket simultaneously.
Majid Ahmadian +1 more
doaj
Redistribution Through Efficiency: Theory and Evidence from Three Electricity Markets
ABSTRACT Using micro‐data on over 160 million bids to buy and sell from three major electricity markets, we study efficiency improvements resulting from technologies such as storage. Consumer benefits arise not from stabilized prices but from changes in general price levels.
Matti Liski, Iivo Vehviläinen
wiley +1 more source
Search and Competition in Expert Markets
ABSTRACT We analyze a model where consumers sequentially search experts for treatment recommendations and prices, facing either zero or a positive search cost, whereas experts simultaneously compete in these two dimensions. In equilibrium, experts may “cheat” by overstating the severity of a consumer's problem and recommending an unnecessary treatment,
Yiran Cao +3 more
wiley +1 more source
Actions a firm takes in one market may affect its profitability in other markets, beyond any joint economies or diseconomies in production. The reason is that an action in one market, by changing marginal costs in a second market, may change competitors' strategies in that second market.
Jeremy I. Bulow +2 more
openaire +1 more source
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
The economic foundations of powersharing: Evidence from Africa
Abstract How—and with whom—do rulers share power? Existing research focuses on the strategic logic of powersharing. In this paper, we analyze its economic foundations. Powersharing is modeled as a subnational fiscal contract, in which rulers allocate political representation based on constituencies’ revenue potential. Empirically, we combine historical
Yannick I. Pengl, Philip Roessler
wiley +1 more source

