Results 61 to 70 of about 61,268 (231)

How and Why EU Institutions Promote the Digital Euro: The Politics of a Central Bank Digital Currency (CBDC)

JCMS: Journal of Common Market Studies, EarlyView.
Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley   +1 more source

Convexity and the Shapley value in Bertrand oligopoly TU-games with Shubik's demand functions [PDF]

The Bertrand Oligopoly situation with Shubik's demand functions is modelled as a cooperative TU game. For that purpose two optimization problems are solved to arrive at the description of the worth of any coalition in the so-called Bertrand Oligopoly ...
Aymeric Lardon, Dongshuang Hou, Theo Driessen   +2 more
core  

Patents and Supra‐Competitive Prices: Evidence From Consumer Products

Journal of Empirical Legal Studies, EarlyView.
ABSTRACT A patent system is a central tool in innovation policy. The prospect of monopolistic pricing supposedly encourages firms to innovate. However, there is scant empirical evidence supporting the existence of higher markups for patent‐protected products.
Gaétan de Rassenfosse, Ling Zhou
wiley   +1 more source

Estrutura de capital e estratégias competitivas

Cadernos EBAPE.BR
Este artigo apresenta um survey dos estudos que destacam os efeitos das decisões de financiamento na capacidade de concorrência das firmas. São descritos os resultados de modelos teóricos e pesquisas empíricas publicados nas últimas duas décadas ...
Rogério Sobreira, Felipe Rente, Claudio Figueiredo   +2 more
doaj   +1 more source

Excessive entry in a bilateral oligopoly [PDF]

In a bilateral oligopoly, Ghosh and Morita (‘Social desirability of free entry: a bilateral oligopoly analysis, 2007, IJIO) show that entry is always socially insufficient if the upstream agents have sufficiently strong bargaining power.
Arijit Mukherjee
core  

Product Positioning and Incentives to Innovate

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT This paper shows that product positioning affects the incentives to invest in process innovation. The result is found using a model of price competition with three firms under horizontal product differentiation—and then extended to a more general Bertrand triopoly.
Emanuele Bacchiega, Paolo G. Garella
wiley   +1 more source

Franco Modigliani and oligopoly

PSL Quarterly Review, 2005
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
doaj  

The Sweezy model of price competition among private labels of chain stores

Agricultural Economics (AGRICECON), 2017
The aim of the paper is to verify and explain the actual effects of the Sweezy oligopoly model and its eventual impact on the consumer demand and the structure of the food supply of chain stores.
Roman Svoboda, Lenka Kopecka
doaj   +1 more source

We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny, Tianchi Li, Michel Tolksdorf   +2 more
wiley   +1 more source

Do carbon prices affect stock prices?

Journal of Financial Research, EarlyView.
Abstract We explore how carbon pricing affects corporate financial performance during Phase 3 of the European Union Emissions Trading Scheme (EU ETS). We find that the relationship between carbon prices and stock prices depends critically on the proportion of verified emissions covered by freely allocated ETS allowances: For firms with a greater ...
Patrick Bolton, Adrian Lam, Mirabelle Muûls   +2 more
wiley   +1 more source