Search Results - subject:"capacity constraints"

Monteiro, Henrique - EconWPA - 2005

This paper surveys water pricing models, highlighting some important results. Efficiency rquires marginal cost pricing. Intra-annual price changes or customer differentiation to reflect differences in marginal costs can enhance efficiency. A marginal cost pricing mechanism may signal the value...

Persistent link: https://www.econbiz.de/10005062490

Collusion in Industrial Economics—A Survey

Feuerstein, Switgard - In: Journal of Industry, Competition and Trade 5 (2005) 3, pp. 163-198

The aim of this paper is to summarize the theory of (implicit) collusion in the framework of infinitely repeated games, and in particular, to survey the comprehensive literature exploring which factors make collusion easier or more difficult to sustain. On this basis, the existing empirical...

Persistent link: https://www.econbiz.de/10005709478

Dynamic Price Competition with Capacity Constraints and Strategic Buyers

Biglaiser, Gary; Vettas, Nikolaos - C.E.P.R. Discussion Papers - 2004

We analyse a set of simple dynamic models where sellers are capacity constrained over the length of the model. Buyers act strategically in the market, knowing that their purchases may affect future prices. The model is examined when there are single and multiple buyers, with both linear and...

Persistent link: https://www.econbiz.de/10005067464

Managing Capacity Through Reward Programs

Kim, Byung-Do; Shi, Mengze; Srinivasan, Kannan - In: Management Science 50 (2004) 4, pp. 503-520

Rewarding customers with own products or services has become an increasingly popular practice across a spectrum of industries such as airlines, hotels, and telecommunication. In these service industries, firms face demand uncertainty and strict short-term capacity constraint. When the market...

Persistent link: https://www.econbiz.de/10009208858

Collusion with Capacity Constraints over the Business Cycle

Fabra, Natalia - EconWPA - 2003

This paper investigates the effect of capacity constraints on the sustainability of collusion in markets subject to … cyclical demand fluctuations. In the absence of capacity constraints (i.e. a limiting case of our model), Haltiwanger and … prediction can be overturned if firms' capacities are sufficiently small. Capacity constraints imply that punishment profits move …

Persistent link: https://www.econbiz.de/10005125033

Capacity constrained firms in (labor) markets with adverse selection

Wambach, Achim; Inderst, Roman - In: Economic Theory 19 (2002) 3, pp. 525-548

We discuss a competitive (labor) market where firms face capacity constraints and individuals differ according to their …

Persistent link: https://www.econbiz.de/10005753124

Are Product Innovation and Flexible Technology Complements?

Jung, Astrid - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2001

<b>REVISED ABSTRACT:</b> This paper analyzes the interdependence between the firms’ technology choice and innovation. Previous literature argues that product flexibility and product innovation are complements, because flexible machines handle a large variety of product designs with low changeover...

Persistent link: https://www.econbiz.de/10005272752

The Evolution of Markets Under Entry and Standards Regulation - The Case of Global Mobile Telecommunications

Gruber, Harald; Verboven, Frank - C.E.P.R. Discussion Papers - 2000

We analyse the effects of government policies, such as entry regulation and standard setting, on the evolution of an industry, the global mobile telecommunications markets during 1981-1997. Among other results, we find that countries that issue first licenses at later dates converge rather...

Persistent link: https://www.econbiz.de/10005656240

Are Physical Capacity Constraints Relevant?: Applying Financeâ€Economics Theory to a Management Accounting Misconception

Black, Terry; Gallagher, Lynn - In: Australian Journal of Management 24 (1999) 2, pp. 143-158

The management accounting literature presents a view that firms normally operate at full physical capacity and consequently often cannot meet customer demand which results in the frequent rejection of profitable business. The financeâ€economics literature presents a contrary view that firms,...

Persistent link: https://www.econbiz.de/10010769329

Competitive Insurance Markets Under Adverse Selection and Capacity Constraints

Inderst, Roman; Wambach, Achim - C.E.P.R. Discussion Papers - 1999

analysis by considering firms that face capacity constraints due to limited capital. Two scenarios are considered: if the …

Persistent link: https://www.econbiz.de/10005661929