Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10001442681
Persistent link: https://www.econbiz.de/10002202692
In this paper a discrete choice model is suggested which generates unambiguously lower prices, if oligopolists discriminate by price. In a setting of two groups of consumers and two firms this is due to a different ranking of the elasticity of demand of the two groups by the two firms. Here,...
Persistent link: https://www.econbiz.de/10010497915
Persistent link: https://www.econbiz.de/10003240750
Persistent link: https://www.econbiz.de/10001486054
Persistent link: https://www.econbiz.de/10002202722
This comment points out a gap in the proof of Theorem 2 contained in the paper by Yin and Ng. It is shown that the price reaction functions in their modelling approach are not continuous for all capacity subgames, contradicting the claim of Lemma 1. Possible remedies are suggested
Persistent link: https://www.econbiz.de/10014154337
This paper develops a general model of anticommons fragmentation in property. To this end, we differentiate between different forms of property fragmentation. With the use of several functionally related examples, we consider the equilibria obtained under different scenarios. The various...
Persistent link: https://www.econbiz.de/10014120192