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Saudi Arabia is the largest player in the world oil market. It maintains ample spare capacity, restricts investment in developing reserves, and its output is negatively correlated with other OPEC producers. While this behavior does not fit into the perfect competition paradigm, we show that it...
Persistent link: https://www.econbiz.de/10012530301
Consumers voluntarily pay significant price premiums to acquire unobservable environmental attributes in green markets. This paper considers the performance of eco-certification policy under circumstances where consumers cannot discern environmental attributes in goods, but are able to form...
Persistent link: https://www.econbiz.de/10009485627
The dissertation aims at verifying the hypotheses derived within a model of international trade theory of the New …
Persistent link: https://www.econbiz.de/10009471913
comparison comes to the conclusion that the disintegration theory in literature is formulated in too general a way for an …
Persistent link: https://www.econbiz.de/10009451147
differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The … government with a duopoly may be active or inactive depending on the degree of product differentiation. Thus, we may observe a …
Persistent link: https://www.econbiz.de/10012530200
.Extending the duopoly model to the oligopoly case the results present that each additional competitor delays the first market … profitability on the optimal market entry timing and firm values. The duopoly model shows the existence of three types of … that continuation may disappear in some subgames of the market entry game in an oligopoly as a result of which no closed …
Persistent link: https://www.econbiz.de/10009484808
This thesis contains four essays which are all from the broader field of insurance economics. The chapters can be read independently, although there is a certain connection between the articles. Chapter 2, which deals with moral hazard, and chapter 3, which is on oligopolistic models in the...
Persistent link: https://www.econbiz.de/10009451144
The aim of this work is to establish a mathematically precise framework for studying games of capital accumulation under uncertainty. Such games arise as a natural extension from different perspectives that all lead to singular control exercised by the agents, which induces some essential...
Persistent link: https://www.econbiz.de/10009452649
This thesis consists of two parts, which are connected by an introduction on auction and oligopoly markets and a short …
Persistent link: https://www.econbiz.de/10009467021
Product innovation is vital to ongoing brand equity and has been responsible for revitalizing many brands, including … form of innovation available to a firm, surprisingly no study has sought to bridge this gap. This study aims to address … this issue by, first, building a typology of the innovation practices underpinning differently positioned brands and …
Persistent link: https://www.econbiz.de/10009481495