Showing 1 - 10 of 19
In this paper, we examine how cross-market price restrictions impact strategic entry and pricing decisions. A … provision for universal service, requiring that advanced services be made available to rural customers at rates comparable to …
Persistent link: https://www.econbiz.de/10005792026
Centralized markets with large numbers of buyers and sellers are generally thought of as being competitive and well-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these products. The high level of differentiation in...
Persistent link: https://www.econbiz.de/10005136669
An uninformed seller offers an object to a privately informed buyer. The buyer projects information and exaggerates the probability that the seller is informed. Letting the buyer bargain and name her own price raises the seller's payoff above the full-commitment payoff. Under seller-offer...
Persistent link: https://www.econbiz.de/10011168901
Pricing policy for any experience good faces a key tradeoff. On one hand, a price reduction increases immediate demand …
Persistent link: https://www.econbiz.de/10011083717
This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...
Persistent link: https://www.econbiz.de/10011276378
The recent media and political attention on service outsourcing from developed to developing countries gives the impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This Paper aims to establish what are the hypes and what are the...
Persistent link: https://www.econbiz.de/10005504627
services rather than trends in industry. Britain’s productivity lead in services before World War II reflected external … under-development of services in an economy that was slow to move out of agriculture. As German agricultural employment … contracted sharply from the 1950s, catching-up occurred in services. This was aided by a sharp increase in human and physical …
Persistent link: https://www.econbiz.de/10005788930
services as they are for manufacturing. We use a longitudinal database for Dutch firms in the retail and hotel and catering … sectors to identify around 13,000 new-firm start-ups and 47,000 incumbents in the services and track them over subsequent … services. The results suggest that the most fundamental relationships between firm size, age, survival and growth are …
Persistent link: https://www.econbiz.de/10005789128
European Community (EC). Today, in every member state, services account for more production and employment than agriculture and … manufacturing combined. The growing role of services in domestic economies is the result of both demand and supply factors. On the … demand side, the major impetus has come from firms that have shifted from providing services they require `in-house' to …
Persistent link: https://www.econbiz.de/10005791734
The negotiations on trade in services at the WTO have so far produced little liberalization beyond levels unilaterally … has been a failure to exploit the scope built into the services agreement (GATS) for exchange of market access …
Persistent link: https://www.econbiz.de/10005136563