Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Three Essays on Oligopolistic Competition, Product Differentiation and International Trade
Author: Fayçal Régis SinaceurPublisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 0
Book Description
This Thesis presents three essays in the area of strategic trade theory and policy. The first essay presents an analysis of trade and welfare between countries with asymmetric conditions. A two-period two-country address model of product differentiation is examined in which firms face an initial period of autarky. Trade takes place in the subsequent period and firms fully anticipate switches in trade regimes. Results suggest that historical (domestic) conditions matter a lot on the international market place. Firms that come from countries with a larger market tend to develop longer product lines, which puts that country in a dominant position in international competition. The model is also used to analyse gains/losses from trade in relation to country size. The second essay investigates the differential effects of specific and ad-valorem tariffs on quality, price and welfare in an oligopolistic industry consisting of foreign and domestic firms. These effects are shown to depend on the location of the home and foreign firms in the quality spectrum. Both tariffs are ranked and conditions for either tariff to be welfare superior are derived. Finally, the third essay presents an analysis of trade policy with endogenous market structure. A "third market model" is specified. Using a simple framework in which industry structure is derived endogenously as the outcome of product line decisions by firms, we show that governments have an incentive to affect the equilibrium product composition by setting non-zero subsidy rates in order to maximize domestic welfare. Subsidies may be uniform or non-uniform across goods and the optimal policy exhibits strong discontinuities as domestic welfare maximization implies a switch of regimes.
Three Essays on Oligopolistic Competition in an Open Economy
Author: Jai-June KimThree Essays on Oligopoly
Author: Markus Reisingerשיקולי הקצאת הון בהתאם לחוקי המס האינפלציונים
Author: Differentiated Products
Author: Jakob Arne Robert JeanrondPublisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 95
Book Description
This thesis focuses on how specific aspects of product differentiation affect economic outcomes through their impact on competition between firms. The first paper presents an analysis of firms' incentives to share information about the perceived profitability of different technologies prior to making an investment decision. The model is one of vertical product differentiation in which firms face uncertainty over consumers' preferred product. The main result is that firms reveal information only when they are sufficiently uncertain about which investment strategy to pursue. Information can be revealed in order to facilitate either coordination on a particular technology or anti-coordination on different technologies. In the second paper a seller can choose to sell one or several horizontally differentiated products from competing developers. Developers can charge the seller different wholesale prices for their products where prices are dependent on whether the seller will also carry a competing product. A higher consumer valuation of products raises the potential market share from a single product and thereby increases competition between developers. This implies developer profits can decrease in product quality. The model is compared to a situation in which developers compete for consumers without an intermediary seller. This comparison illustrates how developers sometimes can make higher profits by using a downstream seller since the seller's pricing response acts as a competition softener between developers. In paper three the focus is on product allocation through a single developer of several products who can decide how to allocate them among sellers. This model also features horizontally differentiated products but introduces multidimensional consumer preferences over products and sellers. The developer's product allocation decision is shown to be a key profit determinant for the supply chain. By distributing different products to each seller, the developer can focus inter-seller competition on the product dimension of consumer preferences. Distributing the same products to both sellers allows the developer to force sellers to compete in the dimension of consumers' seller preferences. The relative intensity of consumer preferences over products and sellers thereby determines a profit maximizing allocation for the developer.
Three Essays on Strategic Trading in Oligopolistic Economies
Author: Alexei BoulatovThree Essays on Product Differentiation and Variety
Author: Kiyoshi ArakawaPublisher:
ISBN:
Category : Consumer behavior
Languages : en
Pages : 190
Book Description
Three Essays on Product Differentiation
Author: Marco Di CintioEssays in Competition with Product Differentiation and Bargaining in Markets
Author: Jan BouckaertPublisher:
ISBN: 9789056680169
Category :
Languages : en
Pages : 131
Book Description
Author: Volodymyr Lugovskyy