Competition in transition economies: Determinants of price-cost margins in private sector
- Optimal Pricing to Retard Entry. Lippman, Steven A. // Review of Economic Studies;Jul80, Vol. 47 Issue 4, p723
In the model presented here the industry is composed of (nearly) identical firms selling the same product and experiencing the same constant average cost of production, with industry demand divided amongst the established firms. A product price must be selected at each instant of time during the...
- Vertical restrictions and the number of franchises: Comment. Schmidt, Torsten // Southern Economic Journal;Jul95, Vol. 62 Issue 1, p259
Presents study by Owen Phillips regarding the sale of goods by monopolist to various dealers. Model devised to judge the determination of wholesale price below its marginal cost; Discussion on Phillips's reasoning; Results of the study.
- A TWO-SECTOR GROWTH MODEL WITH AN INTERMEDIATE PRODUCT. Chun-Yan Kuo // Southern Economic Journal;Jan74, Vol. 40 Issue 3, p489
Analyzes the two-sector growth model with an intermediate product to show that the adoption of classical savings function ensures existence of competitive equilibrium and stability of balance growth path. Uniqueness of short-run competitive equilibrium; Time path of capital accumulation of the...
- Measuring returns to an innovation in an imperfectly competitive market: Application to... Huang, Shu-Yu; Sexton, Richard J. // American Journal of Agricultural Economics;Aug96, Vol. 78 Issue 3, p558
Develops and applies a general imperfect competition model to evaluate returns to a cost-reducing innovation. Application to mechanical harvesting of processing tomatoes in Taiwan; Potential for significant benefits to adoption of mechanical harvesting; Attenuation of farmers' incentives to...
- The Normative and Positivistic Inferiority of Marx's Values Paradigm. Samuelson, Paul A. // Southern Economic Journal;Jul82, Vol. 49 Issue 1, p11
Examines the normative and positivistic inferiority of Marx's values paradigm. Discussion on the pricing model developed by Marx; Information on the statistical and historical laws of motion and development in a competitive system; Justification of the uniform rate of markup on direct labor.
- Consumer's surplus in monopolistic competition a la Dixit... Sinha, Deepak K. // Atlantic Economic Journal;Dec95, Vol. 23 Issue 4, p333
Looks at momopolistic competition in consumer surpluses.
- Macroeconomic price and quantity responses with heterogeneous product markets. Dixon, Huw David // Oxford Economic Papers;Jul94, Vol. 46 Issue 3, p385
Examines the effect of heterogenous types of product market competition on the macroeconomic properties of the economy. Types of product market economies considered; Effect of an increase in money supply; Changes in price and quality.
- Monopolistic competition with firm-specific costs. Montagna, Catia // Oxford Economic Papers;Apr95, Vol. 47 Issue 2, p318
Extends a Dixit-Stiglitz model of monopolistic competition to allow for technical heterogeneity amongst firms. Random process generation of the dispersion of firms' technical efficiency within the industry which is shown to lead to a steady-state spectrum of profits and market shares;...
- Vancouver's Gasoline-Price Wars: An Empirical Exercise in Uncovering Supergame Strategies. Slade, Margaret E. // Review of Economic Studies;Apr92, Vol. 59 Issue 2, p257
This paper uses a unique data set to determine which dynamic model of tacit collusion best describes behaviour in a particular industry, The area investigated is a region of the Vancouver, British Columbia retail-gasoline market. Players are service-station managers who compete daily, Firms...