Mixed Duopoly With A Partial Delegated Public Firm

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Mixed Duopoly with a Partial-Delegated-Public Firm

Author : Jie Shuai
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Mixed Duopoly with a Partial-Delegated-Public Firm by : Jie Shuai

Download or read book Mixed Duopoly with a Partial-Delegated-Public Firm written by Jie Shuai and published by . This book was released on 2017 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: We compare the welfare results of mixed duopoly model where a firm can be private, public or partial-delegated-public. We consider two types of partial-delegated-public firms. In partial- delegated-public with location delegation, the firm chooses location to maximize its profit while the social planner chooses price to maximize social surplus. Partial-delegated-public firm with price delegation is the opposite where the firm chooses price to maximize its profit. We find significant differences in equilibrium outcomes both between the two types of partial-delegated- public firms, and between the partial-delegated-public firms and the purely private/public firms. While equilibrium prices in the partial-delegated-public firm cases lie in between those in the pure cases (purely private or purely public), the private firm's profit may be higher when its rival is a partial-delegated-public firm rather than a purely private/public firm. We also find a 'trade-off' within the two partial-delegated-public firm cases: social surplus is higher under location delegation, but consumer surplus and profit of the partial-delegated-public firm are higher under price delegation.

Partial Privatization in a Mixed Duopoly with an R&D Rivalry

Author : John S. Heywood
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Partial Privatization in a Mixed Duopoly with an R&D Rivalry by : John S. Heywood

Download or read book Partial Privatization in a Mixed Duopoly with an R&D Rivalry written by John S. Heywood and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is the first to examine the incentive for partial privatization in a mixed duopoly with R&D rivalry. We show that because mixed duopolies engage in more R&D, the optimal extent of privatization is unambiguously reduced. Yet, this reduction is often very modest. Adopting the extent of privatization that would be optimal if one ignored the R&D rivalry routinely results in greater welfare than retaining a fully public firm and ignoring partial privatization. Only when R&D has an extremely low cost would it be preferable to ignore partial privatization.

An Economic Theory of Managerial Firms

Author : Luca Lambertini
Publisher : Taylor & Francis
ISBN 13 : 1317218264
Total Pages : 231 pages
Book Rating : 4.3/5 (172 download)

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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 Taylor & Francis. This book was released on 2017-04-21 with total page 231 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.

Firms` Strategic Decisions Theoretical and Empirical Findings

Author : Kazuhiro Ohnishi
Publisher : Bentham Science Publishers
ISBN 13 : 1681080389
Total Pages : 263 pages
Book Rating : 4.6/5 (81 download)

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Book Synopsis Firms` Strategic Decisions Theoretical and Empirical Findings by : Kazuhiro Ohnishi

Download or read book Firms` Strategic Decisions Theoretical and Empirical Findings written by Kazuhiro Ohnishi and published by Bentham Science Publishers. This book was released on 2015-04-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eBook presents recent case studies on firms and their strategy employed in specific scenarios and industries. Readers will find, in this volume, an analysis of oligopolistic industries done by using various economic models. These models attempt to explain changes to the competitive environment owing to strategic firm behavior, that is, on the assumption that firms are able to compete effectively and advantageously against rivals through applying strategic initiatives. This eBook investigates the behavior of profit-maximizing firms as well as labor-managed, state-owned and joint-stock firms. Fifteen chapters present empirical or theoretical findings, and develop the economic analysis of firm behavior.

Regulation of Infrastructure and Utilities

Author : Alberto Asquer
Publisher : Springer
ISBN 13 : 3319677357
Total Pages : 221 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Regulation of Infrastructure and Utilities by : Alberto Asquer

Download or read book Regulation of Infrastructure and Utilities written by Alberto Asquer and published by Springer. This book was released on 2017-10-24 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive discussion of the public policy and management issues that are encountered in the regulation of infrastructure and utilities. Drawing from theoretical arguments and several case studies, the book is divided into three parts, namely devising regulation, installing regulation, and making regulation work. The first part covers theories of regulation, regulatory policies, strategies and tools, and regulatory reforms. The second part deals with the politics of regulation and regulatory capacity. The third part discusses regulatory commitment and investments, the performance of regulated industries, and the design of regulatory systems. Case studies pay attention to various sectors (including water, electricity, telecommunications, highways, railways, district heating, and airports) from countries in every region of the world. ; ;

Research Advances in Chaos Theory

Author : Paul Bracken
Publisher : BoD – Books on Demand
ISBN 13 : 1789855438
Total Pages : 138 pages
Book Rating : 4.7/5 (898 download)

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Book Synopsis Research Advances in Chaos Theory by : Paul Bracken

Download or read book Research Advances in Chaos Theory written by Paul Bracken and published by BoD – Books on Demand. This book was released on 2020-03-11 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of chaos has invaded practically every area of the natural sciences. Weather patterns are referred to as chaotic. There are chemical reactions and chaotic evolution of insect populations. Atomic and molecular physics have also seen the emergence of the study of chaos in these microscopic domains. This book examines the issue of chaos in nonlinear and dynamical systems, quantum mechanics, biology, and economics.

A General Theory of Equilibrium Selection in Games

Author : John C. Harsanyi
Publisher : Mit Press
ISBN 13 : 9780262582384
Total Pages : 378 pages
Book Rating : 4.5/5 (823 download)

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Book Synopsis A General Theory of Equilibrium Selection in Games by : John C. Harsanyi

Download or read book A General Theory of Equilibrium Selection in Games written by John C. Harsanyi and published by Mit Press. This book was released on 1988 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well.By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality.The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.John C. Harsanyi is Flood Research Professor in Business Administration and Professor of Economics, University of California, Berkeley. Reinhard Selten is Professor of Economics Institute of Social and Economic Sciences: University of Bonn, Federal Republic of Germany.

Economic Review

Author : Ōsaka Shiritsu Daigaku. Keizai Gakubu
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Review by : Ōsaka Shiritsu Daigaku. Keizai Gakubu

Download or read book Economic Review written by Ōsaka Shiritsu Daigaku. Keizai Gakubu and published by . This book was released on 2003 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Osaka City University Economic Review

Author :
Publisher :
ISBN 13 :
Total Pages : 366 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Osaka City University Economic Review by :

Download or read book Osaka City University Economic Review written by and published by . This book was released on 2004 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Spatial Economics Volume I

Author : Stefano Colombo
Publisher : Springer Nature
ISBN 13 : 3030400980
Total Pages : 346 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Spatial Economics Volume I by : Stefano Colombo

Download or read book Spatial Economics Volume I written by Stefano Colombo and published by Springer Nature. This book was released on 2020-09-23 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Space is a crucial variable in any economic activity. Spatial Economics is the branch of economics that explicitly aims to incorporate the space dimension in the analysis of economic phenomena. From its beginning in the last century, Spatial Economics has contributed to the understanding of the economy by developing plenty of theoretical models as well as econometric techniques having the “space” as a core dimension of the analysis. This edited volume addresses the complex issue of Spatial Economics from a theoretical point of view. This volume is part of a more complex project including another edited volume (Spatial Economics Volume II: Applications) collecting original papers which address Spatial Economics from an applied perspective.

The Financial Crisis Inquiry Report

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
ISBN 13 : 1616405414
Total Pages : 692 pages
Book Rating : 4.6/5 (164 download)

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Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

The Politics Industry

Author : Katherine M. Gehl
Publisher : Harvard Business Press
ISBN 13 : 1633699242
Total Pages : 316 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis The Politics Industry by : Katherine M. Gehl

Download or read book The Politics Industry written by Katherine M. Gehl and published by Harvard Business Press. This book was released on 2020-06-23 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.

Estudios de economía

Author :
Publisher :
ISBN 13 :
Total Pages : 528 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Estudios de economía by :

Download or read book Estudios de economía written by and published by . This book was released on 2007 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theory of Conjectural Variations

Author : Charles Figuieres
Publisher : World Scientific
ISBN 13 : 9812387366
Total Pages : 186 pages
Book Rating : 4.8/5 (123 download)

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Book Synopsis Theory of Conjectural Variations by : Charles Figuieres

Download or read book Theory of Conjectural Variations written by Charles Figuieres and published by World Scientific. This book was released on 2004 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have witnessed in recent years a revival of Conjectural Variations in Game Theory. This reincarnation of an old idea, using a dynamic point of view, aims at combining the adequacy with facts to the requirements of a firmly grounded theory.This book presents, for the first time, a comprehensive account of conjectural variations equilibria in their static inceptions, featuring new comparative results of equilibria with regard to efficiency. It then describes several advances in Dynamic Game Theory, allowing to understand Conjectural Variations Equilibria as dynamic equilibria. The question of how conjectures evolve in strategic and learning situations with boundedly rational agents is also discussed.

Sustainable Growth and Development in a Regional Economy

Author : Tohru Naito
Publisher : Springer
ISBN 13 : 4431552944
Total Pages : 281 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Sustainable Growth and Development in a Regional Economy by : Tohru Naito

Download or read book Sustainable Growth and Development in a Regional Economy written by Tohru Naito and published by Springer. This book was released on 2015-09-18 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to provide readers with a theoretical and empirical analysis of sustainable economic growth in Asian countries. Recently, most Asian countries have achieved rapid economic growth and their existence cannot be ignored in the world economy. However, these countries now face the serious problems that have confronted more developed countries such as environmental problems, social security and unemployment. Rapid economic growth has brought environmental pollution, regional disparities, and serious congestion due to insufficient infrastructure. Thus, it is necessary to understand the background economic mechanism in order to find the prescription for each problem. This book is intended not only for the researcher but also for the policy maker, for both of whom it provides the basic methods for analyzing regional problems from the points of view of endogenous economic growth theory, environmental economics, and spatial economics. This work presents theoretical as well as empirical analyses. Particularly, we cite the examples of Asian countries: Japan, China, Korea, Thailand and others. The aim is for readers to apply the theories in this book to the above-mentioned problems in Asian countries as an aid in policy making. The authors are specialists in macroeconomics, public economics, environmental economics, transportation economics and spatial economics, all of which are important aspects of regional science.

Economics of Regulation and Antitrust

Author : W. Kip Viscusi
Publisher : MIT Press
ISBN 13 : 026222075X
Total Pages : 955 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Economics of Regulation and Antitrust by : W. Kip Viscusi

Download or read book Economics of Regulation and Antitrust written by W. Kip Viscusi and published by MIT Press. This book was released on 2005-08-19 with total page 955 pages. Available in PDF, EPUB and Kindle. Book excerpt: A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Domestic Regulation and Service Trade Liberalization

Author : Pierre Sauve
Publisher : World Bank Publications
ISBN 13 : 0821383434
Total Pages : 246 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Domestic Regulation and Service Trade Liberalization by : Pierre Sauve

Download or read book Domestic Regulation and Service Trade Liberalization written by Pierre Sauve and published by World Bank Publications. This book was released on 2003-08-29 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade in services, far more than trade in goods, is affected by a variety of domestic regulations, ranging from qualification and licensing requirements in professional services to pro-competitive regulation in telecommunications services. Experience shows that the quality of regulation strongly influences the consequences of trade liberalization. WTO members have agreed that a central task in the ongoing services negotiations will be to develop a set of rules to ensure that domestic regulations support rather than impede trade liberalization. Since these rules are bound to have a profound impact on the evolution of policy, particularly in developing countries, it is important that they be conducive to economically rational policy-making. This book addresses two central questions: What impact can international trade rules on services have on the exercise of domestic regulatory sovereignty? And how can services negotiations be harnessed to promote and consolidate domestic policy reform across highly diverse sectors? The book, with contributions from several of the world's leading experts in the field, explores a range of rule-making challenges arising at this policy interface, in areas such as transparency, standards and the adoption of a necessity test for services trade. Contributions also provide an in-depth look at these issues in the key areas of accountancy, energy, finance, health, telecommunications and transportation services.