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Three Essays On Price Dispersion And Oligopoly
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Book Synopsis Three Essays on Price Dispersion and Oligopoly by : Paulo de Freitas Guimaraes
Download or read book Three Essays on Price Dispersion and Oligopoly written by Paulo de Freitas Guimaraes and published by . This book was released on 1992 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Price Competition in Oligopoly by : Shyh-Fang Ueng
Download or read book Three Essays on Price Competition in Oligopoly written by Shyh-Fang Ueng and published by . This book was released on 1992 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research investigates three issues related to the economic performance of oligopolistic markets where firms produce differentiated products and compete in prices. First of all, this dissertation uses a Markov Perfect Equilibrium approach with fixed periods of commitment of actions to answer the question of what prices a duopolists will charge in equilibrium if they produce horizontally differentiated products, move alternatingly, and compete in prices forever. It is found that firms charge prices which are higher than Nash equilibrium prices but lower than the fully collusive equilibrium prices. Also, contrasted with the Nash equilibrium of the one-shot constituent game, the firm having the significantly higher demand responsiveness to its own price always charges a lower price than the other firm does although it has higher marginal cost. The dissertation then proceeds to study whether a firm can overcome its cost disadvantage by upgrading its product over the rival's, and if so, whether there exists a profit-division which will induce the low cost firm and the high cost firm to collude and no one has an incentive to cheat. The results show that (1) the ability of upgrading the product over the rival's can allow a high cost firm to earn higher profit than a cost advantaged low cost firm; (2) there exists at least one profit-division which can sustain full collusion; and (3) in the collusive equilibrium firms enlarge their quality differences to alleviate the price tension between their products. Finally, this work investigates the welfare effect of mergers which occur in an oligopolistic industry where firms produce differentiated products. It is shown that for the merger to be socially beneficial, the number of the merging firms must be less than the total number of firms in the industry minus the ratio of the products' own elasticity to cross elasticity. The analysis indicates that the welfare effect of a merger of a specific size depends on the substitutability among products of the industry.
Book Synopsis Three Essays on Successive Vertical Oligopolies by : Joon Lim
Download or read book Three Essays on Successive Vertical Oligopolies written by Joon Lim and published by . This book was released on 2005 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Strategic Trading in Oligopolistic Economies by : Alexei Boulatov
Download or read book Three Essays on Strategic Trading in Oligopolistic Economies written by Alexei Boulatov and published by . This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Oligopolistic Competition in an Open Economy by : Jai-June Kim
Download or read book Three Essays on Oligopolistic Competition in an Open Economy written by Jai-June Kim and published by . This book was released on 1990 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Oligopoly by : Markus Reisinger
Download or read book Three Essays on Oligopoly written by Markus Reisinger and published by . This book was released on 2004 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis American Doctoral Dissertations by :
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1992 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Amalia Rebecca Miller Publisher :Ann Arbor, Mich. : University Microfilms International ISBN 13 : Total Pages :258 pages Book Rating :4.F/5 ( download)
Book Synopsis Three Essays in Empirical Economics by : Amalia Rebecca Miller
Download or read book Three Essays in Empirical Economics written by Amalia Rebecca Miller and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 2004 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Industrial Organization by : Raymond J. Deneckere
Download or read book Three Essays in Industrial Organization written by Raymond J. Deneckere and published by . This book was released on 1983 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Markets and Welfare in Sub-Sahara Africa by : Jenny Carson Aker
Download or read book Three Essays on Markets and Welfare in Sub-Sahara Africa written by Jenny Carson Aker and published by . This book was released on 2008 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Firm Strategy and Public Policy by : Byung-Cheol Kim
Download or read book Three Essays on Firm Strategy and Public Policy written by Byung-Cheol Kim and published by . This book was released on 2007 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Cost Reducing Investment by : Pedro Pereira
Download or read book Three Essays on Cost Reducing Investment written by Pedro Pereira and published by . This book was released on 1997 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dissertation Abstracts International by :
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2008 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays in Public Mechanism Design by : Jin Kim
Download or read book Three Essays in Public Mechanism Design written by Jin Kim and published by . This book was released on 2003 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The American Economic Review written by and published by . This book was released on 1984 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association.
Download or read book Journal of Economic Literature written by and published by . This book was released on 2007 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Selected Works of Joseph E. Stiglitz by : Joseph E. Stiglitz
Download or read book Selected Works of Joseph E. Stiglitz written by Joseph E. Stiglitz and published by Oxford University Press. This book was released on 2019-06-20 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third volume in a new, definitive, six-volume edition of the works of Joseph Stiglitz, one of today's most distinguished and controversial economists. Stiglitz was awarded the Nobel Prize in Economics in 2001 for his work on asymmetric information and is widely acknowledged as one of the pioneers in the field of modern information economics and more generally for his contributions to microeconomics. Volume III contains a selection of Joseph E. Stiglitz's work on microeconomics. It questions well-established tenets, including many that are so fundamental they are almost taken for granted, covering basic concepts of risk and markets; the management of risk; the theory of the firm; the economics of organization; and theory of human behaviour. Stiglitz reflects on his work and the field more generally throughout the volume by including substantial original introductions to the Selected Works, the volume as a whole, and each part within the volume.