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Persistent link: https://www.econbiz.de/10003272696
determines how changes in trade frictions affect allocative efficiency in an oligopoly model of international trade, decomposing …
Persistent link: https://www.econbiz.de/10012459387
and exit decisions in a dynamic oligopoly model (a la Bajari et al (2007)) and use it to analyse redesign activity in the …
Persistent link: https://www.econbiz.de/10012459665
We propose a general equilibrium economy with oligopolistic output markets in which two channels can cause a change in market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) market structure, via changes to the number of potential competitors. First, we...
Persistent link: https://www.econbiz.de/10012533310
general equilibrium model with a hedonic demand system in which firms compete in a network game of oligopoly. Firms are …
Persistent link: https://www.econbiz.de/10013191098
Persistent link: https://www.econbiz.de/10014436855
Traditionally, fund managers cast votes on behalf of investors whose capital they manage. Recently, this system has … come under intense debate given the growing concentration of voting power among a few asset managers and disagreements over … environmental and social issues. Major fund managers now offer their investors a choice: delegate their votes to the fund or cast …
Persistent link: https://www.econbiz.de/10014337868
constraints on entry, but in addition it facilitates transfers of control of incumbent firms, from untalented to talented managers …
Persistent link: https://www.econbiz.de/10012465823
The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary proposals are each granted a single extra bonus vote to cast as desired - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a simple sufficient...
Persistent link: https://www.econbiz.de/10012464160
We examine the mechanics of deterrence and intervention when fear is a motive for conflict. We contrast results obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk, where players have different assessments of their...
Persistent link: https://www.econbiz.de/10012464685