Showing 1 - 10 of 401
This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and variable returns to scale. If the optimum number of active firms in the market is two or more, and the number of active firms is equal to that optimum number, then Bertrand...
Persistent link: https://www.econbiz.de/10009959114
We investigate the impact of agent communication networks on prices in an artificial stock market. Networks with different centralization measures are tested for their effect on the volatility of prices. Trading strategies diffuse through the different network topologies, mimetic contagion...
Persistent link: https://www.econbiz.de/10010079539
It is systemic to expound how that the speculative behaviors are driven by the number of a series housing policies promulgated by China's government for the real estate market. The market is resulted in full of speculative behaviors, and has been booming since the beginning of this decade, even...
Persistent link: https://www.econbiz.de/10010079547
We analyze expectations of the Dutch population ages 25 and older concerning future generosity of state and … until 2012 on individuals’ subjective expectations concerning changes between now and ten or twenty years from now in the … security benefits, and the average retirement age ten or twenty years from now. We find significant variation in expectations …
Persistent link: https://www.econbiz.de/10010082266
Einkaufen in Internet, die Nutzung von sozialen Netzen oder Online- Banking gehören zum Alltag der Verbraucher in Deutschland. Das Thema Privatsphäre und Datenmissbrauch ist deshalb nahezu täglich in den Medien. Da ist es erstaunlich, dass fundiertes wissenschaftliches Wissen, wie Verbraucher...
Persistent link: https://www.econbiz.de/10010079360
We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be …
Persistent link: https://www.econbiz.de/10009959088
In this article we develop a microeconomic framework to study the relationships among privatization, competition for deposits and performance in banking. Particularly, we analyze banking privatization when competitive strategies of the Cournot and Stackelberg types are allowed. Our findings show...
Persistent link: https://www.econbiz.de/10009959107
Preisgarantien im Einzelhandel scheinen auf den ersten Blick Ergebnis eines intensiven Wettbewerbs zu sein. Theoretische Analysen und empirische Studien zeigen jedoch, dass dies in der Regel nicht der Fall ist. Preisgarantien und hier vor allem Garantien, bei denen mehr als die Differenz zu...
Persistent link: https://www.econbiz.de/10010079385
is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the … public firm and either the national or the international private firm is preferred, from a welfare point of view, to the …
Persistent link: https://www.econbiz.de/10010049047
firms even if it does not include most market firms. Furthermore, it is proved that a merger can only be welfare improving …
Persistent link: https://www.econbiz.de/10009959077