Price-response Asymmetry and Spatial Differentiation in Local Retail Gasoline Markets
Author: Jeremy A. Verlinda
Publisher:
Published: 2007
Total Pages: 64
ISBN-13:
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Asymmetric Information and the Market Structure of the Banking Industry
Author: Mr.Giovanni Dell'Ariccia
Publisher: International Monetary Fund
Published: 1998-06-01
Total Pages: 32
ISBN-13: 145195154X
DOWNLOAD EBOOKThe paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather proprietary information about their clients, acquiring an advantage over potential entrants. These informational asymmetries are an important determinant of the industry structure and may represent a barrier to entry for new banks. The paper shows that, in contrast with traditional models of horizontal differentiation, the steady-state equilibrium is characterized by a finite number of banks even in the absence of fixed costs.
Researches Into the Mathematical Principles of the Theory of Wealth
Author: Antoine Augustin Cournot
Publisher: New York : Macmillan Company, 1927 [c1897]
Published: 1897
Total Pages: 252
ISBN-13:
DOWNLOAD EBOOKSpatial Economics Volume I
Author: Stefano Colombo
Publisher: Springer Nature
Published: 2020-09-23
Total Pages: 346
ISBN-13: 3030400980
DOWNLOAD EBOOKSpace is a crucial variable in any economic activity. Spatial Economics is the branch of economics that explicitly aims to incorporate the space dimension in the analysis of economic phenomena. From its beginning in the last century, Spatial Economics has contributed to the understanding of the economy by developing plenty of theoretical models as well as econometric techniques having the “space” as a core dimension of the analysis. This edited volume addresses the complex issue of Spatial Economics from a theoretical point of view. This volume is part of a more complex project including another edited volume (Spatial Economics Volume II: Applications) collecting original papers which address Spatial Economics from an applied perspective.
The Economics of Price Discrimination
Author: Louis Phlips
Publisher: Cambridge University Press
Published: 1983-06-30
Total Pages: 304
ISBN-13: 9780521283946
DOWNLOAD EBOOKA theoretical and unified explanation of how prices are determined in practice, written in a non-technical way.
Noncooperative Approaches to the Theory of Perfect Competition
Author: Andreu Mas-Colell
Publisher: Academic Press
Published: 2014-05-10
Total Pages: 281
ISBN-13: 1483271609
DOWNLOAD EBOOKEconomic Theory, Econometrics, and Mathematical Economics: A Series of Monographs and Textbooks: Noncooperative Approaches to the Theory of Perfect Competition focuses on the application of noncooperative approaches to the theory of perfect competition, including Cournot game, no-surplus condition, and Nash equilibria. The selection first elaborates on collusive behavior in noncooperative epsilon-equilibria of oligopolies with long but finite lives and noncooperative price taking in large dynamic markets. Discussions focus on noncooperative equilibria which support the monopoly allocation, alternative definition of perfect epsilon-equilibrium, one-period Cournot game, fixed-demand case, and replication case. The book takes a look at noncooperative price taking in large dynamic markets, no-surplus condition as a characterization of perfectly competitive equilibrium, perfect competition, profit criterion, and the organization of economic activity. Topics include profits to individually improving welfare, structure of firms, competitive allocations as no surplus allocations, profits as rents, Walrasian and perfectly competitive equilibrium, and no-surplus and core equivalence as alternative characterizations of perfectly competitive equilibrium. The manuscript ponders on Nash equilibria of market games and efficiency properties of strategic market games, as well as commodities, agents, assignments, strategic markets games, proper and full Cournot-Nash equilibria, and finiteness and inefficiency. The selection is a valuable source of data for researchers interested in noncooperative approaches to the theory of perfect competition.
Global Value Chains and Production Networks
Author: Fengru Cui
Publisher: Academic Press
Published: 2018-12-05
Total Pages: 283
ISBN-13: 0128148489
DOWNLOAD EBOOKGlobal Value Chains and Production Networks: Case Studies of Siemens and Huawei presents theories and frameworks that facilitate the evolution of GPN studies, from macro perspectives based on territory and industry to the use of micro (firm-level) data. The book explores these theories and frameworks through detailed case studies of two major corporations, Siemens and Huawei. With the GPN/GVC structure of Chinese firms not well known outside China, despite the growing importance of Chinese firms in the global economy, this guide plays a pivotal role in facilitating the use of data that promise to unlock economic cooperation and value. - Emphasizes micro-data analytical models and their methodological underpinnings - Illustrates how these data illuminate the economic structures of two comparable GPNs within highly divergent institutional contexts - Suggests how companies can cooperate with foreign partners to enhance their global management capacity and reshape their advantages in international competition
Market Segmentation Through Product Differentiation
Author: K. Sridhar Moorthy
Publisher:
Published: 1982
Total Pages: 196
ISBN-13:
DOWNLOAD EBOOKSunk Costs and Market Structure
Author: John Sutton
Publisher: MIT Press
Published: 1991
Total Pages: 600
ISBN-13: 9780262193054
DOWNLOAD EBOOKSunk Costs and Market Structure bridges the gap between the new generation of game theoretic models that has dominated the industrial organization literature over the past ten years and the traditional empirical agenda of the subject as embodied in the structure-conduct-performance paradigm developed by Joe S. Bain and his successors.
Microeconomic Modeling in Urban Science
Author: Francisco Martinez Concha
Publisher: Academic Press
Published: 2018-07-10
Total Pages: 296
ISBN-13: 0128152974
DOWNLOAD EBOOKMicroeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled under the framework of random utility behavior and interacting in a complex market of location auctions, location externalities, agglomeration economies, transport accessibility attributes, and planning regulations and incentives. Francisco Javier Martinez Concha considers the optimal planning of cities as he explores interactions between citizens and between citizens and firms, the mesoscopic agglomeration of firms and the segregation of agents' socioeconomic clusters, and the emergence of city-level scale laws. Its unified model of city life is relevant to micro-, meso- and macro-scale interactions. - Presents a unified, coherent and realistic framework able to simulate complete urban systems - Describes the use of discrete–choice and stochastic behavior models in the auction spatial-equilibrium market - Includes computing outputs from Cube-Land modeling using GIS
