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Analysis on "The Macroeconomics of Price Setting," May 10-11, 2007, University of Bologna, Rimini, Italy. …
Persistent link: https://www.econbiz.de/10011107663
Discussion of "The Pricing Behavior of Firms in the Euro Area: New Survey Evidence" by S. Fabiani, M. Druant, I. Hernando, C. Kwapil, B. Landau, C. Loupias, F. Martins, T. Mathä, R. Sabbatini, H. Stahl, and A. Stockman (2004); Presented at the Inflation Persistence Network (IPN) Conference on...
Persistent link: https://www.econbiz.de/10005789749
Discussion of "Lumpy Price Adjustments: A Microeconometric Analysis" by Emmanuel Dhyne, Catherine Fuss, Hashem Pesaran …
Persistent link: https://www.econbiz.de/10005836083
affects the regulation of a monopoly under asymmetric information. Since part of the informational rent left to the …
Persistent link: https://www.econbiz.de/10011108661
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth …
Persistent link: https://www.econbiz.de/10008685520
This paper considers the screening problem faced by a monopolist of a network good in a general setting. We demonstrate that the joint presence of asymmetric information and network externalities revise the "no distortion on the top" and "one-way distortion" principle. The pattern of consumption...
Persistent link: https://www.econbiz.de/10011107904
This study argues that there is a formal market for journal manuscript articles. The traits of this market for nearly all disciplines, except law, are then described. We discuss how most disciplines permit a manuscript to be submitted to only one journal at a time, the role of submission fees in...
Persistent link: https://www.econbiz.de/10011108278
The purpose of this theoretical note is to develop a model of third-degree price discrimination in which the quantities … sold in each market are interdependent. We demonstrate in our mathematical model that in this situation the price … differential may be explained not only in terms of price elasticity differentials, as is typically shown to be the case, but also …
Persistent link: https://www.econbiz.de/10011108689
This paper makes a pioneering attempt to provide a theory of determination of interest rate in the informal credit market in a less developed economy in terms of a three-sector static deterministic general equilibrium model. There are two informal sectors which obtain production loans from a...
Persistent link: https://www.econbiz.de/10011110539