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of 858
pro vyhledávání: '"jel:D40"'
Publikováno v:
Journal of Applied Economics, Vol 23, Iss 1, Pp 560-582 (2020)
This paper presents new evidence on wage and price setting based on a survey of more than 300 Uruguayan firms in 2013. Most of the firms set prices considering costs and adding a profit margin; therefore, they have some degree of market power. The ev
Autor:
Armstrong, Mark, Zhou, Jidong
We consider a market with sequential consumer search in which firms can distinguish potential customers visiting for the first time from returning visitors. We show that firms often have an incentive to make it costly for its visitors to return after
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::fe1e31fee62dcc738a933a296d344a15
https://ora.ox.ac.uk/objects/uuid:7a1669d2-58dc-400c-8566-d635ed237270
https://ora.ox.ac.uk/objects/uuid:7a1669d2-58dc-400c-8566-d635ed237270
Publikováno v:
The Quarterly Review of Economics and Finance. 64:306-317
Even though betting exchanges are considered to be the superior business model in the betting industry due to less operational risk and lower information costs, bookmakers continue to be successful. We explain the puzzling coexistence of these two ma
Autor:
Shouyong Shi
Publikováno v:
Journal of Economic Theory. 166:483-516
I construct a search model to formalize the intuitive idea that sellers hold sales to attract buyers and build customer relationships. The market consists of a large number of buyers and sellers. All sellers sell a homogeneous good and all buyers hav
Autor:
Daniela Di Cagno, John D. Hey
Publikováno v:
Experimental Economics. 19:595-612
Inspired by Clower’s conjecture that the necessity of trading through money in monetised economies might hinder convergence to competitive equilibrium, and hence, for example, cause unemployment, we experimentally investigate behaviour in markets w
Autor:
Orhun Sevinc, M. Utku Ozmen
Publikováno v:
Emerging Markets Finance and Trade. 52:1029-1045
In this study we investigate the duration of consumer price spells and the price change patterns for Turkey. The study employs the most comprehensive unofficial micro price data so far for Turkey covering around 6000 items over four years which compr
Autor:
Sandro Shelegia, Maarten C.W. Janssen
Publikováno v:
American Economic Review. 105:1683-1710
The well-known double marginalization problem understates the inefficiencies arising from vertical relations in consumer search markets where consumers are uninformed about the wholesale prices charged by manufacturers to retailers. Consumer search p
Publikováno v:
American Economic Review. 105:94-99
By operationalizing the notion of creative destruction, Schumpeterian growth theory generates distinctive predictions on important microeconomic aspects of the growth process (competition, firm dynamics, firm size distribution, cross-firm and cross-s
Publikováno v:
SEA: Practical Application of Science, Vol III, Iss 8 (2/2015), Pp 291-295 (2015)
The universal postal service is part of the general interest economic services in which the state intervention is needed. From the economic and financial point of view, it is absolutely necessary to find the best formula by which a financial aid does
Publikováno v:
Estudios Económicos, Vol 30, Iss 1, Pp 141-178 (2015)
Se analiza la regulaci ́on establecida por el Banco de M ́exic o en el a ̃no 2010 en comisiones por transacciones interbancarias e n cajeros autom ́aticos. Bajo un modelo espacial duop ́olico se determ ina end ́oge- namente n ́umero de cajeros