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Author : Herman C. Quirmbach
Publisher :
ISBN 13 :
Total Pages : 91 pages
Book Rating : 4.:/5 (849 download)
Download or read book Vertical Integration, Contestable Markets, and the Misfortunes of the Misshaped U written by Herman C. Quirmbach and published by . This book was released on 1981 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Herman Quirmbach
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.3/5 (9 download)
Download or read book Vertical Integration, Contestable Markets, and the Misfortunes of the Misshaped U written by Herman Quirmbach and published by . This book was released on 1982 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rand Corporation
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (131 download)
Download or read book VERTICAL INTEGRATION, CONTESTABLE MARKETS, AND MISFORTUNES OF THE MISSHAPE U. written by Rand Corporation and published by . This book was released on with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Herman C. Quirmbach
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (227 download)
Download or read book Vertical Integration, Contestable Markets, and the Misfortunes of the Misshaped written by Herman C. Quirmbach and published by . This book was released on 1982 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper models the vertical integration of an 'upstream' monopolist who sells an 'intermediate' good to firms in a contestable 'downstream' market. The downstream firms combine that good with other inputs--according to a production function with U-shaped average costs--to produce a 'final' good which is sold to consumers at minimum average cost. The paper has two main themes. The first is to compare the incentives for and results of vertical integration in the case where the upstream market is protected from entry with those in the case where the upstream market is contestable. The results suggest that vertical mergers should be encouraged in the latter case but tolerated in the former only under specific guidelines.
Author :
Publisher :
ISBN 13 :
Total Pages : 91 pages
Book Rating : 4.:/5 (167 download)
Download or read book Vertical Integration, Contestable Markets, and the Misfortunes of the Misshapped U written by and published by . This book was released on 1982 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : William B. Tye
Publisher : Praeger
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)
Download or read book The Theory of Contestable Markets written by William B. Tye and published by Praeger. This book was released on 1990-07-24 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of the application of the new theory of contestable markets to the problem of the transition to deregulation in regulated industries. It offers an extensive review of both the theory and practice of contestable markets, as well as guidelines for the practical application of the theory to regulated industries and antitrust, with special consideration given to the problems of the rail industry. As applied in this industry, the theory promised to help balance the conflicting goals of regulatory transition and to define standards for revenue adequacy, cooperation among competitors, maximum reasonable rates, and antitrust immunity for mergers. Unlike other, chiefly theoretical, treatments of the subject, the author has provided a study of the theory of contestable markets as well as its past and potential applications. His introduction discusses such topics as the relevant theory of perfect contestability, implications for economic welfare, and recent applications of the theory. Chapter 2 deals with vertical mergers into contestable markets, while chapter 3 concerns itself largely with the transition to deregulation in regulated industries. Unlike other theoretical studies, however, the work also addresses the theory in practice. Using the insights gained when the theory was employed in the rail industry, the author draws conclusions regarding a broad range of regulatory and antitrust issues affecting all industries, such as economic analysis of vertical mergers and vertical economic practices.
Author : Herman Quirmbach
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.3/5 (9 download)
Download or read book Cost Reduction in Vertically Related Industries written by Herman Quirmbach and published by . This book was released on 1983 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: A continuing concern in the study of vertical integration is whether ownership integration is necessary or sufficient to achieve all possible cost savings in the operation of a vertically related sequence of production processes. Integration-or any other mechanism for controlling intermediate markets--must accomplish two functions: to coordinate production and to divide revenues among the various levels. The analysis here compares integration and several other revenue division mechanisms in terms of the production efficiency they induce. The intermediate market control mechanisms compared are simple (linear) pricing; two forms of nonlinear pricing, a royalty scheme and a two-part tariff; and vertical integration. Under a royalty scheme, the purchaser of an intermediate good pays a price per unit of intermediate good brought plus a royalty fee for each unit of final good produced. Under a two-part tariff, the intermediate good buyer pays a lump-sum access charge in addition to the per-unit price. Cost reduction serves the monopolist interests whether his goal is to maximize profits or welfare. Pricing the intermediate good at marginal cost may either not be feasible (e.g., because of a need to cover the costs of an increasing returns upstream production process) or may not be desirable (e.g., under profit maximization). Cost savings at a constant final output level are sufficient for profit or welfare gains.
Author :
Publisher :
ISBN 13 :
Total Pages : 386 pages
Book Rating : 4.F/5 ( download)
Download or read book The Rand Paper Series written by and published by . This book was released on with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 788 pages
Book Rating : 4.3/5 (91 download)
Download or read book RAOP written by and published by . This book was released on 1982 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rand Corporation
Publisher :
ISBN 13 :
Total Pages : 368 pages
Book Rating : 4.:/5 (318 download)
Download or read book Selected Rand Abstracts written by Rand Corporation and published by . This book was released on 1981 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes publications previously listed in the supplements to the Index of selected publications of the Rand Corporation (Oct. 1962-Feb. 1963)
Author : William B. Tye
Publisher : Praeger
ISBN 13 :
Total Pages : 584 pages
Book Rating : 4.F/5 ( download)
Download or read book The Transition to Deregulation written by William B. Tye and published by Praeger. This book was released on 1991-05-30 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Tye draws on his large body of work in the area of railroad deregulation to address specific economic problems associated with deregulation. He elucidates principles that can be applied to any major industry entering the competitive marketplace--particularly telecommunications and other utilities, including gas and electric. Tye has updated and revised his previous articles and structured them into an integrated framework. Each section addresses a major issue and can be read on a stand-alone basis. By providing appropriate economic models and rules for successful transition, this work is designed to encourage a smooth changeover to deregulation. It is important, Tye says, to recognize that the original problems regulation sought to solve do not simply go away, and that new problems can be created by the transition itself. He stresses the need to deal with legacies from the regulated past, such as investments, policies, labor contracts, and sunk investment costs by buyers. He explains why explicit regulatory intervention may be required to correct equity and efficiency imbalances. Sections cover topics such as finance and revenue adequacy, pricing, mergers, and competitive access and will serve as a valuable resource for attorneys, regulatory commission staff, academics, and consultants.
Author : Herman Quirmbach
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.F/5 ( download)
Download or read book Environmental Regulation and R & D Incentives written by Herman Quirmbach and published by . This book was released on 1982 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report documents a newly developed model of the incentives for private investment in new technology, and shows how the model can be used to examine the effects of existing-product regulations on technological change. The report uses the chlorofluorocarbon emissions regulatory scenario as a reference case for exploring the ways in which RAND's R & D model can be used to evaluate alternative forms of regulation. The model is developed in Sec. II, and some extensions are considered in Sec. III. The model offers insights beyond those strictly related to the regulations under investigation. The regulations discussed in Sec. IV--mandatory controls, excise taxes, and production quotas--are widely recognized alternatives for controlling environmental hazards. Section V shows how to use the analytic results to evaluate regulatory effects on several key classes of innovations, including the development of nonregulated products. Finally, Sec. VI summarizes the findings and discusses their implications for welfare analysis.
Author :
Publisher :
ISBN 13 :
Total Pages : 512 pages
Book Rating : 4.:/5 (3 download)
Download or read book Government Reports Announcements & Index written by and published by . This book was released on 1983-04 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 498 pages
Book Rating : 4.3/5 ( download)
Download or read book Business & Economics written by and published by . This book was released on 1983 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacques Ellul
Publisher : Wipf and Stock Publishers
ISBN 13 : 1532615256
Total Pages : 379 pages
Book Rating : 4.5/5 (326 download)
Download or read book The Technological System written by Jacques Ellul and published by Wipf and Stock Publishers. This book was released on 2018-06-11 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some 20 years after writing The Technological Society, Jacques Ellul realized how the totalistic dimensions of our modern technological milieu required an additional treatment of the topic. Writing amidst the rise of books in the 1970s on pollution, over-population, and environmental degradation, Ellul found it necessary, once again, to write about the global presence of technology and its far-reaching effects. The Technological System represents a new stage in Ellul’s research. Previously he studied technological society as such; in this book he approaches the topic from a systems perspective wherein he identifies the characteristics of technological phenomena and technological progress in light of system theory. This leads to an entirely new approach to what constitutes the most important event of our society which has decisive bearing on the future of our world. Ellul’s analysis touches on all aspects of modern life, not just those of a scientific or technological order. In the end, readers are compelled to formulate their own opinions and make their own decisions regarding the way a technique-based value system affects every level of human life.
Author : Simone de Beauvoir
Publisher : Vintage
ISBN 13 : 0679724516
Total Pages : 791 pages
Book Rating : 4.6/5 (797 download)
Download or read book Le Deuxième Sexe written by Simone de Beauvoir and published by Vintage. This book was released on 1989 with total page 791 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic manifesto of the liberated woman, this book explores every facet of a woman's life.
Author : Manuela Mosca
Publisher : Springer
ISBN 13 : 3319940392
Total Pages : 393 pages
Book Rating : 4.3/5 (199 download)
Download or read book Power in Economic Thought written by Manuela Mosca and published by Springer. This book was released on 2018-10-17 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a pluralistic vision of the way economists have dealt with the question of power in society over the last two centuries. Economists’ ideas about power are examined from political, theoretical and policy-making points of view, with additional discussion of the active participation of economists in the management of power. The book is organized into four main conceptions of power relations: i) Power as embedded in political institutions; ii) Power as emerging from the asymmetric relations caused by the unequal distribution of income and wealth; iii) Power as associated to the monopolistic or oligopolistic position held by some firms in the market; and iv) Power as the management of economic policies by the state. Mosca brings together contributions from a range of scholars to analyse how economists have considered the role of power, putting the discussion into a much needed historical context.
