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pro vyhledávání: '"Klaus Kultti"'
Autor:
Klaus Kultti
Publikováno v:
Economics: Journal Articles (2017)
Externí odkaz:
https://doaj.org/article/db9b2e574a4c40cca53ddb11ab62ad9c
Autor:
Mats Godenhielm, Klaus Kultti
Publikováno v:
PLoS ONE, Vol 9, Iss 8, p e101766 (2014)
We analyze endogenous capacity formation in a large frictional market with perfectly divisible goods. Each seller posts a price and decides on a capacity. The buyers base their decision on which seller to visit on both characteristics. In this settin
Externí odkaz:
https://doaj.org/article/490a52c3adb14b429077f8f862fc1833
Autor:
Klaus Kultti
Publikováno v:
Research in Economics. 75:354-364
We develop a formal framework to analyse a monopoly’s problem when demand is determined by a Poisson-distribution and the valuations of the buyers are draws from a common distribution. The buyers have unit demand, and the good in question is discre
Autor:
Klaus Kultti, Teemu Pekkarinen
Publikováno v:
SSRN Electronic Journal.
Autor:
Klaus Kultti, Teemu Pekkarinen
Publikováno v:
SSRN Electronic Journal.
Autor:
Klaus Kultti, Yi Zheng
The causes of market inefficiency are many. We suggest an additional cause — buyers’ random entry order. In a market where identical sellers compete for buyers of heterogeneous valuations, first come first served is the norm. Since all buyers cho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::874d2584ca5b109a95859c1f5224e22c
http://hdl.handle.net/10138/348261
http://hdl.handle.net/10138/348261
Autor:
Klaus Kultti, Teemu Pekkarinen
Publikováno v:
SSRN Electronic Journal.
We study Butters’s (1977. “Equilibrium Distributions of Sales and Advertising Prices.” The Review of Economic Studies 44 (3): 465–91) model under concave advertising costs, and determine a class of cost functions such that each seller sends t
We analyse signalling and sorting in a market with frictions and private information. Buyers are heterogeneous, the sellers choose what quality to produce and post prices. Buyers do not observe quality, but infer it from prices. In equilibrium high-q
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::74b2c1d5af99d0122870056ff38ab481
https://hdl.handle.net/1814/70189
https://hdl.handle.net/1814/70189
Autor:
Teemu Pekkarinen, Klaus Kultti
Publikováno v:
SSRN Electronic Journal.
We consider an economy where many sellers sell identical goods to many buyers. Each seller has a unit supply and each buyer has a unit demand. The only possible information flow about prices is through costly advertising. We show that in equilibrium
Publikováno v:
Eurasian Economic Review. 5:63-76
R&D spillovers can be viewed to arise as a result of a voluntary information exchange between firms. In this paper we extend this theory of R&D spillovers to a context where the spillover effect is on R&D dollars and occurs in a vertical relationship