Search Results - subject:"Strategic Complementarities"

International shocks and domestic prices: How large are strategic complementarities?

Amiti, Mary; Itskhoki, Oleg; Konings, Jozef - 2016

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical … find strong evidence of strategic complementarities, with a typical firm adjusting its price with an elasticity of 35 … strategic complementarities and a complete cost pass-through, and large firms responding to their cost shocks and competitor …

Persistent link: https://www.econbiz.de/10011538001

International shocks and domestic prices : how large are strategic complementarities?

Amiti, Mary; Itskhoki, Oleg; Konings, Jozef - 2016

Persistent link: https://www.econbiz.de/10011446483

International shocks and domestic prices : how large are strategic complementarities?

Amiti, Mari; Itskhoki, Oleg; Konings, Jozef - 2016

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical … evidence of strategic complementarities, with a typical firm adjusting its price with an elasticity of 35% in response to the … substantial heterogeneity in these elasticities across firms, with small firms showing no strategic complementarities and a …

Persistent link: https://www.econbiz.de/10011584149

Optimal public information dissemination : introducing multiplier effects into a generalized beauty contest

Hüning, Hendrik; Meub, Lukas - 2016 - Revised version: May 2016

We develop a two-period generalized beauty contest to study the optimal level of publicity when disclosed information is subject to multiplier effects. We build upon the static case, where all agents receive a private signal about an unknown fundamental state and only a fraction of all agents...

Persistent link: https://www.econbiz.de/10011459944

Digital payments in China : adoption and interactions among applications

Torre, Dominique; Xu, Qing - In: Revue d'économie industrielle 172 (2020) 4, pp. 55-82

Persistent link: https://www.econbiz.de/10012620212

An attempt at a reconciliation of the Sraffian and Kaleckian views on desired utilization

Franke, Reiner - In: European journal of economics and economic policies : … 17 (2020) 1, pp. 61-77

Persistent link: https://www.econbiz.de/10012258052

Optimal public information dissemination: Introducing observational learning into a generalized beauty contest

Hüning, Hendrik; Meub, Lukas - 2015

We develop a dynamic two-period generalized beauty contest to study the optimal level of publicity when disclosed information is subject to multiplier effects inherent to social learning. We build upon the static case, where all agents receive a private signal about an unknown fundamental state...

Persistent link: https://www.econbiz.de/10011379782

Playing the game the others want to play: Keynes’ beauty contest revisited.

Cornand, Camille; Ferreira, Rodolphe Dos Santos - Bureau d'Économie Théorique et Appliquée (BETA), … - 2015

In Keynes’ beauty contest, agents have to choose actions in accordance with an expected fundamental value and with the conventional value expected to be set by the market. In doing so, agents respond to a fundamental and to a coordination motive respectively, the prevalence of either motive...

Persistent link: https://www.econbiz.de/10011114850

Playing the game the others want to play : Keynes’ beauty contest revisited

Cornand, Camille; Ferreira, Rodolphe Dos Santos - Groupe d'Analyse et de Théorie Économique Lyon … - 2015

Persistent link: https://www.econbiz.de/10011251790

Optimal public information dissemination : introducing observational learning into a generalized beauty contest

Hüning, Hendrik; Meub, Lukas - 2015

Persistent link: https://www.econbiz.de/10011373562