Author: Souresh SahaPublisher:
ISBN:
Category :
Languages : en
Pages : 194
Book Description
Three Essays in Industrial Organization
Author: Souresh SahaThree Essays on Strategic Aspects of International Trade
Author: Jee-Hyeong ParkThree Essays on the Competition Between National Brand and Private Label Food Products
Author: Eidan ApelbaumPublisher:
ISBN:
Category : Brand name products
Languages : en
Pages : 210
Book Description
Three Essays of International Trade in Differentiated Products
Author: Sangho KimPublisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 388
Book Description
Three Essays in Industrial Organization
Author: Sang-Hoo BaePublisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 230
Book Description
Three Essays on Productivity (RLE: Business Cycles)
Author: Mark J. LaskyPublisher: Routledge
ISBN: 1317502515
Category : Business & Economics
Languages : en
Pages : 157
Book Description
The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.
Three Essays on Price Competition in Oligopoly
Author: Shyh-Fang UengPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 118
Book Description
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.
Three Essays on Agricultural Marketing
Author: Kenneth Roger WeissThree Essays on Pricing and Dynamic Control
Author: Hyun-soo AhnThree Essays in Empirical Industrial Organization
Author: Maria Andrea Martens OlivaresPublisher:
ISBN:
Category :
Languages : en
Pages : 268
Book Description