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Bidimensional Vertical Differentiation
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Book Synopsis Bidimensional Vertical Differentiation by : Paolo G. Garella
Download or read book Bidimensional Vertical Differentiation written by Paolo G. Garella and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In markets where product quality is important, more than one characteristic is usually necessary to deጿine product quality. Standard models maintain that: (i) in a duopoly there will be a quality leader no matter whether the product can incorporate one or two vertical attributes; (ii) differentiation pertains only to one attribute. By contrast, in our set-up there are also equilibria where the quality leader is better in two attributes, and others where there is cross leadership, namely a situation where each ጿirm designs a product to dominate the other in one characteristic. The role of cost complementarities is also examined. Applications to Minimum Quality Standards, tax (subsidy) on quality products, and home bias effects are sketched, showing that welfare assessments and the related policy implications based on standard models may be incomplete.
Author :Mark B. Vandenbosch Publisher :London : Western Business School, University of Western Ontario ISBN 13 :9780771414244 Total Pages :44 pages Book Rating :4.4/5 (142 download)
Book Synopsis Product and Price Competition in a Two-dimensional Vertical Differentiation Model by : Mark B. Vandenbosch
Download or read book Product and Price Competition in a Two-dimensional Vertical Differentiation Model written by Mark B. Vandenbosch and published by London : Western Business School, University of Western Ontario. This book was released on 1992 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Differential Games in Industrial Economics by : Luca Lambertini
Download or read book Differential Games in Industrial Economics written by Luca Lambertini and published by Cambridge University Press. This book was released on 2018-04-26 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.
Book Synopsis Product Positioning in a Two-Dimensional Vertical Differentiation Model by : Dominique Olie Lauga
Download or read book Product Positioning in a Two-Dimensional Vertical Differentiation Model written by Dominique Olie Lauga and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a duopoly model where consumers are heterogeneous with respect to their willingness to pay for two product characteristics and marginal costs are increasing with the quality level chosen on each attribute. We show that while firms seek to manage competition through product positioning, their differentiation strategies critically depend on how costly it is to provide higher quality. When the cost of providing quality is not too high, firms use only one attribute to differentiate their products: they maximally differentiate on one dimension and minimally differentiate on the other dimension (a Max-Min equilibrium). Furthermore, they always differentiate along the dimension with the greater attribute range. As for the dimension with the smaller range and along which they agglomerate, both firms either choose the highest quality level or the lowest quality level possible, depending on whether the marginal costs of quality provision are low or intermediate, respectively. However, for larger quality provision costs, firms exploit both dimensions to differentiate their products. In particular, we characterize a maximal differentiation equilibrium in which one firm chooses the highest quality level on both attributes, while its rival offers the lowest quality level on both attributes (a Max-Max equilibrium). We discuss the managerial implications of our findings and explain how they enrich and qualify previous results reported in the literature on two-dimensional differentiation models.
Book Synopsis An Economic Theory of Managerial Firms by : Luca Lambertini
Download or read book An Economic Theory of Managerial Firms written by Luca Lambertini and published by Routledge. This book was released on 2017-04-21 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.
Book Synopsis Transformations and Visualization of Potential Field Data by : Stanisław Wybraniec
Download or read book Transformations and Visualization of Potential Field Data written by Stanisław Wybraniec and published by . This book was released on 1999 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Microeconomics of Product Innovation by : Paul Stoneman
Download or read book The Microeconomics of Product Innovation written by Paul Stoneman and published by Oxford University Press. This book was released on 2018-02-22 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has not given sufficient attention to the microeconomic analysis of innovation and technological change. Counteracting this imbalance, The Microeconomics of Product Innovation considers how the use of economic analysis can guide and inform the search for insight in the generation and adoption of new products synonymously labelled product innovation. Written in an accessible tone and restricting its analysis to the use of microeconomics, this book encompasses the definition of product innovation. It explores means of measurement and revealed patterns of the extent of product innovation; the economic analysis of the forces driving the demand for, the supply of, and incentives to generate new products; empirical evidence upon the determinants of the extent of product innovation; the diffusion of product innovations; product innovation and firm performance; price measurement under product innovation; product innovation and welfare; and public policy and product innovation.
Download or read book River Flow 2004 written by Massimo Greco and published by CRC Press. This book was released on 2004-06-15 with total page 1469 pages. Available in PDF, EPUB and Kindle. Book excerpt: RiverFlow 2004 is the Second International Conference on Fluvial Hydraulics, organized as speciality conferences under the auspices of the International Association of Hydraulic Engineering and Research (IAHR) within its Fluvial Hydraulics and Eco Hydraulics Sections. RiverFlow conferences are a significant forum of discussion for many researchers
Book Synopsis Active Tectonics of Northwestern Anatolia by : Conrad Schindler
Download or read book Active Tectonics of Northwestern Anatolia written by Conrad Schindler and published by vdf Hochschulverlag AG. This book was released on 1997 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theory and Business Applications by : Kalyan Chatterjee
Download or read book Game Theory and Business Applications written by Kalyan Chatterjee and published by Springer Science & Business Media. This book was released on 2013-06-26 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Book Synopsis Handbook of Research on Distribution Channels by : Charles A. Ingene
Download or read book Handbook of Research on Distribution Channels written by Charles A. Ingene and published by Edward Elgar Publishing. This book was released on 2019 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distribution channels are the most complex element of the marketing mix to fully grasp and to profitably manage. In this Handbook the authors present cutting-edge research on channel management and design from analytical, conceptual, and empirical perspectives. The breadth of this Handbook makes it appropriate for use in a doctoral course on distribution channels, or as a knowledge-broadening resource for faculty and researchers who wish to understand types of channels research that are outside the scope of their own approach to distribution.
Book Synopsis Polish Geological Institute Special Papers by :
Download or read book Polish Geological Institute Special Papers written by and published by . This book was released on 1999 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intelligence and Personality by : Janet M. Collis
Download or read book Intelligence and Personality written by Janet M. Collis and published by Psychology Press. This book was released on 2012-10-12 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together leading researchers in a major new effort to bridge the historical gap between the domains of ability and personality. The result is a remarkable collection of chapters analyzing critical issues at the interface--style, structure, process, and context. Contributors address: * intelligence and its relation to temperament and character-hierarchical models of cognition and personality; judgmental data in personality research; and structural issues in ability and personality; * intelligence and conation-goal theories; the role of conation in the learning environment; motivation and arousal; * intelligence and style-stylistic preferences; the role of disposition; cognitive style and its measurement; test taking style; and * intelligence and personality in context-regularities of functioning; contextual effects in cultural variation; control and consistency; the concept of "successful intelligence."
Book Synopsis Computer Vision, Imaging and Computer Graphics Theory and Applications by : Kadi Bouatouch
Download or read book Computer Vision, Imaging and Computer Graphics Theory and Applications written by Kadi Bouatouch and published by Springer Nature. This book was released on 2022-01-22 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes thoroughly revised and selected papers from the 15th International Joint Conference on Computer Vision, Imaging and Computer Graphics Theory and Applications, VISIGRAPP 2020, held in Valletta, Malta, in February 2020. The 25 thoroughly revised and extended papers presented in this volume were carefully reviewed and selected from 455 submissions. The papers contribute to the understanding of relevant trends of current research on computer graphics; human computer interaction; information visualization; computer vision.
Book Synopsis Hydrodynamics of High-Speed Marine Vehicles by : Odd M. Faltinsen
Download or read book Hydrodynamics of High-Speed Marine Vehicles written by Odd M. Faltinsen and published by Cambridge University Press. This book was released on 2006-01-09 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hydrodynamics of High-Speed Marine Vehicles, first published in 2006, discusses the three main categories of high-speed marine vehicles - vessels supported by submerged hulls, air cushions or foils. The wave environment, resistance, propulsion, seakeeping, sea loads and manoeuvring are extensively covered based on rational and simplified methods. Links to automatic control and structural mechanics are emphasized. A detailed description of waterjet propulsion is given and the effect of water depth on wash, resistance, sinkage and trim is discussed. Chapter topics include resistance and wash; slamming; air cushion-supported vessels, including a detailed discussion of wave-excited resonant oscillations in air cushion; and hydrofoil vessels. The book contains numerous illustrations, examples and exercises.
Book Synopsis From Control to Design by : Tomoko Sakamoto
Download or read book From Control to Design written by Tomoko Sakamoto and published by Actar D, Inc.. This book was released on 2008-09-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Parametric and algorithmic design are two of the fastest emerging, most radical technologies reshaping architecture today. This book presents six independent practices that explore current applications of parametric and algorithmic design techniques in architectural production. If the first generation of digital modeling programs allowed designers to conceive new forms and processes, a new breed of digital techniques is being discussed to control and realize these forms. How are these techniques affecting architectural practice and what potentials do they offer ? This is a compilation of projects from leading practitioners across the fields of parametric and algorithmic design. A compelling, multi-perspective debate on the future of design. Featuring: Mutsuro Sasaki, AGU (Arup), Aranda-Lasch, Michael Meredith (mos), P.art (AKT), Designtoproduction, with a conversation between Sanford Kwinter and Jason Payne.
Book Synopsis Intelligent Knowledge-Based Systems by : Cornelius T. Leondes
Download or read book Intelligent Knowledge-Based Systems written by Cornelius T. Leondes and published by Springer Science & Business Media. This book was released on 2010-04-28 with total page 2041 pages. Available in PDF, EPUB and Kindle. Book excerpt: This five-volume set clearly manifests the great significance of these key technologies for the new economies of the new millennium. The discussions provide a wealth of practical ideas intended to foster innovation in thought and, consequently, in the further development of technology. Together, they comprise a significant and uniquely comprehensive reference source for research workers, practitioners, computer scientists, academics, students, and others on the international scene for years to come.
