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Author: Cesaltina Pires Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Previous literature has analyzed the quality-price decisions and the market structure that arises endogenously, in a setup where variable production costs depend on quality. This paper goes one step further by admitting the existence of "transportation" costs for consumers who buy from the firm located at the "periphery", where "periphery" can have a spatial interpretation (like in the housing market) or an interpretation related with some pre-existent feature of the firms, that leads consumers to value differently products with the same hedonic quality. Our results show an "asymmetry" arising from different locations. The firm with locational advantage may be able to behave as a partial coverage monopolist. Moreover, when a duopoly emerges in equilibrium, if the high-quality firm is located in the periphery, qualities offered will be higher than in the absence of locational asymmetries. The reason is that the high-quality firm will try to compensate its locational disadvantage by further increasing quality, which leads the low-quality firm to do the same. This puts in evidence a sort of "substitutability" effect between location and quality in firms' strategic interaction.
Author: Cesaltina Pires Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Previous literature has analyzed the quality-price decisions and the market structure that arises endogenously, in a setup where variable production costs depend on quality. This paper goes one step further by admitting the existence of "transportation" costs for consumers who buy from the firm located at the "periphery", where "periphery" can have a spatial interpretation (like in the housing market) or an interpretation related with some pre-existent feature of the firms, that leads consumers to value differently products with the same hedonic quality. Our results show an "asymmetry" arising from different locations. The firm with locational advantage may be able to behave as a partial coverage monopolist. Moreover, when a duopoly emerges in equilibrium, if the high-quality firm is located in the periphery, qualities offered will be higher than in the absence of locational asymmetries. The reason is that the high-quality firm will try to compensate its locational disadvantage by further increasing quality, which leads the low-quality firm to do the same. This puts in evidence a sort of "substitutability" effect between location and quality in firms' strategic interaction.
Author: Federico Etro Publisher: Springer Science & Business Media ISBN: 3540874275 Category : Business & Economics Languages : en Pages : 363
Book Description
This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Author: Jishnu Das Publisher: World Bank Publications ISBN: Category : Clinics Languages : en Pages : 38
Book Description
Abstract: This paper provides an overview of recent work on quality measurement of medical care and its correlates in four low and middle-income countries-India, Indonesia, Tanzania, and Paraguay. The authors describe two methods-testing doctors and watching doctors-that are relatively easy to implement and yield important insights about the nature of medical care in these countries. The paper discusses the properties of these measures, their correlates, and how they may be used to evaluate policy changes. Finally, the authors outline an agenda for further research and measurement.
Author: Paul A. Waddell Publisher: Routledge ISBN: 0429849583 Category : Science Languages : en Pages : 98
Book Description
Published in 1997. The aim of this book is to explore urban modelling traditions, identify key limitations and contributions and to develop a more general model within a discrete choice framework. The scope of the effort is on household choices regarding residential location, workplace and housing tenure. It is the first systematic effort to analyze the structure and sequence of the choices made by households regarding residential location and workplace. The implications for urban theory, model development and policy analysis are substantial.
Author: Gail L. Cramer Publisher: Routledge ISBN: 1317225767 Category : Business & Economics Languages : en Pages : 806
Book Description
This Handbook offers an up-to-date collection of research on agricultural economics. Drawing together scholarship from experts at the top of their profession and from around the world, this collection provides new insights into the area of agricultural economics. The Routledge Handbook of Agricultural Economics explores a broad variety of topics including welfare economics, econometrics, agribusiness, and consumer economics. This wide range reflects the way in which agricultural economics encompasses a large sector of any economy, and the chapters present both an introduction to the subjects as well as the methodology, statistical background, and operations research techniques needed to solve practical economic problems. In addition, food economics is given a special focus in the Handbook due to the recent emphasis on health and feeding the world population a quality diet. Furthermore, through examining these diverse topics, the authors seek to provide some indication of the direction of research in these areas and where future research endeavors may be productive. Acting as a comprehensive, up-to-date, and definitive work of reference, this Handbook will be of use to researchers, faculty, and graduate students looking to deepen their understanding of agricultural economics, agribusiness, and applied economics, and the interrelationship of those areas.
Author: Ronit Levine-Schnur Publisher: Springer Nature ISBN: 3030356221 Category : Law Languages : en Pages : 219
Book Description
This book discusses the fundamental issues regarding the effect of real estate regulation on housing, urban development, and considerations of justice and efficiency. Bringing together the contributions of prominent scholars representing diverse methodologies and academic disciplines, this book offers new perspectives on core topics such as the effectiveness of land use regulation in terms of housing availability, enhanced equality, and sustainable development; and different modes of regulation and their mutual influences. The book’s eleven chapters are divided into five parts which address different aspects of real estate regulation, combining theoretical analysis with a close observation of diverse case studies, from North America and Europe to China, the Middle East, and developing economies. Part I offers cutting-edge analysis on how to measure, model, and understand the impact of zoning and other modes of real estate regulation, from economic and normative theoretical viewpoints. Part II complements Part I by providing historical observations and empirical knowledge on the actual contribution of zoning and historical conservation regulation to cities’ shape. Part III considers the outcomes of business and industrial land development policies. Part IV studies urban land development regulation and allows to compare between two relevant case studies—one from Germany, and the other from Poland. Finally, Part V concerns standardization in the real estate market by analyzing the justification and outcomes of such attempts, particularly in the mortgages market. Providing an interface between theory and practice, the book will appeal to a broad audience, consisting of scholars, policy-makers, practitioners, and students, interested in an interdisciplinary overlook on real estate regulation.
Author: Cesaltina Pires
Author: Cesaltina Pires
Author: Maria José Gil-Moltó
Author: Federico Etro
Author: Borja Mesa
Author: Jishnu Das
Author: Paul A. Waddell
Author: Luca Lambertini
Author: Gail L. Cramer
Author: Ronit Levine-Schnur
Author: