Results 31 to 40 of about 825,072 (84)

Comparative Statics With Adjustment Costs and the Le Chatelier Principle

open access: yesEconometrica, Volume 93, Issue 2, Page 661-694, March 2025.
We develop a theory of monotone comparative statics for models with adjustment costs. We show that comparative‐statics conclusions may be drawn under the usual ordinal complementarity assumptions on the objective function, assuming very little about costs: only a mild monotonicity condition is required.
Eddie Dekel   +2 more
wiley   +1 more source

Monopoly pricing with unknown demand

open access: yesThe Scandinavian Journal of Economics, Volume 127, Issue 1, Page 235-285, January 2025.
Abstract The optimal pricing of goods, especially when they are new and the innovating firm is a monopolist, must proceed without precise knowledge of the demand curve. This paper provides a pricing method with a relative robustness guarantee by maximizing a performance index which amounts to a worst‐case ratio of the obtained payoff to the best ...
Thomas A. Weber
wiley   +1 more source

Antitrust rules and remedies against platforms' treacherous turns

open access: yesEuropean Law Journal, Volume 30, Issue 4, Page 629-652, December 2024.
Abstract Digital platforms can take a ‘treacherous turn’, where they initially set advantageous terms and conditions only to reverse them once demand has become sticky. Transaction costs economics has long recognised the harm caused by such opportunism, especially in the presence of relation‐specific investments.
Friso Bostoen, Nicolas Petit
wiley   +1 more source

By What Criteria Do We Evaluate Accounting? Some Thoughts on Economic Welfare and the Archival Literature

open access: yesJournal of Accounting Research, Volume 62, Issue 1, Page 7-54, March 2024.
ABSTRACT The economic role of an accounting regime is to increase welfare through its effects—in conjunction with complementary institutions—on firm and household behavior. I review three major streams of the archival literature (real effects; price effects, including value relevance; and costly contracting), in terms of what they can and cannot reveal
RAY BALL
wiley   +1 more source

Comparative Statics With Linear Objectives: Normality, Complementarity, and Ranking Multi‐Prior Beliefs

open access: yesEconometrica, Volume 92, Issue 1, Page 167-200, January 2024.
We formulate an order over constraint sets , called the parallelogram order, which guarantees that argmin{p ⋅ x:x ∈ A} increases in the product order as A increases in the parallelogram order, for any vector . Using this result, we characterize the utility/production functions that lead to normal demand as well as the closely related class of ...
Paweł Dziewulski, John K.‐H. Quah
wiley   +1 more source

Selecting and Improving Quasi-Experimental Designs in Effectiveness and Implementation Research.

open access: yesAnnual Review of Public Health, 2018
Interventional researchers face many design challenges when assessing intervention implementation in real-world settings. Intervention implementation requires holding fast on internal validity needs while incorporating external validity considerations ...
M. Handley   +3 more
semanticscholar   +1 more source

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