Results 51 to 60 of about 18,079 (245)
Franco Modigliani and oligopoly
PSL Quarterly Review, 2012 Modigliani became interested in Keynes's General Theory even before knowing anything about economics. After becoming a professional economist, through his research both theoretical and applied, his teaching, his policy recommendations to fight mass ...
Paolo Sylos Labini
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Southern Economic Journal, EarlyView.ABSTRACT We investigate the competitive effects of a merger in the cough and cold medicines segment between GlaxoSmithKline (GSK) and Pfizer. The parties offered efficiency gains, and authorities concluded the merger would not lessen competition. Using product‐level data from the Philippines, we estimate a structural demand model to assess efficiency ...
Farasat A. S. Bokhari +3 more
wiley +1 more source
Is the rent too high? Land ownership and monopoly power
Real Estate Economics, EarlyView.Abstract Pricing power in real estate markets can reduce housing supply and redevelopment relative to the social optimum. We show how pricing power interacts with popular redevelopment subsidies and zoning regulations. Using building‐level rental income data from NYC, we find that increased concentration is correlated with increased rents.
C. Luke Watson, Oren Ziv
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, 1983 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
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The economic foundations of powersharing: Evidence from Africa
American Journal of Political Science, EarlyView.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
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On the profitability of behaviour‐based price discrimination under purchase‐dependent preferences
Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.Abstract We study optimal monopoly pricing of non‐durable goods over two periods when consumer preferences evolve endogenously. We introduce a propensity for a second purchase that defines the influence of the first‐period purchase on the second‐period willingness to pay for the product, reflecting either satiation or habit.
Stéphane Lemarié, Cecilia Vergari
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Strategic substitutes and complements in cournot oligopoly with product differentiation
Quantitative Methods in Economics, 2010 We consider Cournot oligopoly with differentiated product. We develop respective sufficient conditions on the inverse demand and cost function thatmake the oligopoly a game of strategic substitutes when goods are substitutes anda game of strategic ...
Małgorzata Knauff
doaj
The effects of minimum wage regulation in inter‐regional oligopoly competition
Contemporary Economic Policy, EarlyView.Abstract We examine how minimum wage regulation affects firm profit when labor‐market power interacts with product‐market competition. A binding wage floor reduces the regulated firm's marginal labor cost, inducing it to expand production. This expansion can induce rivals to contract production when relevant strategic variables are strategic ...
Noriaki Matsushima +2 more
wiley +1 more source
, 2010 As mentioned in Chap. 1, Cournot’s oligopoly model was one of the first mathematical models proposed in the field of economics. It addresses the functioning of a market with numerous atomistic demanders versus few relatively large suppliers. This implies
Tönu Puu, Puu, Tönu,
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