Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Herman C. Quirmbach"'
Publikováno v:
Journal of Public Economics. 61:337-358
Tax incidence is examined in an experimental general equilibrium production micro economy. Consistent with predictions, the imposition of a tax on corporate capital resulted in a flow of capital out of the corporate sector, decreased corporate usage
Autor:
Herman C. Quirmbach
Publikováno v:
RAND Journal of Economics. 24:157-197
Anticipated postinnovation collusion encourages R&D effort, but realized collusion later yields deadweight losses. In balancing this tradeoff, Bertrand industries sometimes outperform Cournot; sometimes they do not. Both usually outperform perfectly
Autor:
Herman C. Quirmbach
Publikováno v:
The Quarterly Journal of Economics. 107:1101-1111
Autor:
Herman C. Quirmbach
Publikováno v:
The RAND Journal of Economics. 24:157
Anticipated postinnovation collusion encourages RD sometimes they do not. Both usually outperform perfectly collusive industries. The optimal level of collusion is often less collusive than Cournot duopoly. In Bertrand industries, too few firms do R&
Autor:
Herman C. Quirmbach
Publikováno v:
Economics Letters. 16:357-362
This note establishes the exact relationship among input and output market Marshallian surpluses and input-user industry profit when said industry is imperfectly competitive. The results are useful both for valuing an input price change and for estim
Autor:
Herman C. Quirmbach
Publikováno v:
Journal of Political Economy. 94(5):1110-19
The paper examines the path of final good price changes when a monopoly supplier of an intermediate good vertically integrates into a competitive, constant returns final good industry. I show that the price rises while the monopolist is taking over t
Autor:
Herman C. Quirmbach
Publikováno v:
The Quarterly Journal of Economics. 101:131
Two new features are introduced in a standard model of forward vertical integration by an intermediate good monopolist into a contestable downstream industry. First, U-shaped average costs replace constant returns in the downstream industry. Second,
Autor:
Herman C. Quirmbach
Publikováno v:
The RAND Journal of Economics. 17:33
This article shows that the diffusion of a capital-embodied process innovation results from a pattern of decreasing incremental benefits and adoption costs for later adoptions. Strategic behavior is inessential to this finding. We develop a method fo