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We consider a number of individual, discrete consumers, deciding their location on Hotelling's line in a non-cooperative way. Agglomeration emerges as a non-cooperative equilibrium, implying high transportation costs. No restriction is required concerning the functional forrn of transport costs...
Persistent link: https://www.econbiz.de/10005515836
The Bulow et al. [1985] framework is explored assuming demand and/or production relations. A multiproduct firm is assumed to have a single product rival in one of the two submarkets in which it participates. In the case of linear demand and cost functions, the direct and the strategic effects of...
Persistent link: https://www.econbiz.de/10005515860
Using data obtained from experiments reported in García-Gallego (1998) and García- Gallego and Georgantzís (2001), we estimate a simple model of adaptive behavior which could describe pricing in a market whose demand conditions are unknown to the firms. Divergence between the limit of...
Persistent link: https://www.econbiz.de/10005515893
We study culture and risk aversion as causes of gender differences in ultimatum bargaining. It has often been conjectured in the literature that gender differences in bargaining experiments are partly due to differences in risky decision making. Using the data obtained from our experimental...
Persistent link: https://www.econbiz.de/10005731409
We present a model in which the consumers' capacity to access a service provided on a network depends negatively on the price charged by the network owner per capacity unit. Several scenarios concerning the structure of the downstream service provision market are studied. First, a monopolist...
Persistent link: https://www.econbiz.de/10005731404
Este artículo trata el problema de cómo la competencia oligopolística es afectada por el desarrollo de las tecnologías que utilizan energías renovables dentro del marco de reducción de emisiones de CO2 y seguridad en el mercado eléctrico. En un modelo oligopolístico donde las empresas...
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