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This paper examines the effects of exclusionary practices on the process of technological change, modeled as a sequence of innovations.
This paper analyses a duopolistic price setting game in which firms have loyal consumer segments, but cannot distinguish them from price sensitive consumers.
This paper estimates the relationships between market structure and the Lerner index of monopoly constructed from price data on processed food products sold through grocery stores.
The incentives of firms to adopt a new process need not coincide with maximum expected consumer surplus or social welfare if there is uncertainty before the process is adopted, and if the only loss fr
The welfare implications of horizontal mergers are examined in the context of the Cournot-Nash model of Perry and Porter.
The impact of the structural attributes of industries on the cost of capital to constituent firms is examined within the framework of the Capital Asset Pricing Model (CAPM).
This paper uses data on the store brands contained in planned shopping centers in Edmonton and Calgary, Alberta, to carry out nonparametric tests of five hypotheses regarding shopping center similarit
This paper considers assumptions on consumer heterogeneity that can generate bidirectional distortion in a model of quality discrimination.
In a duopoly model with vertical differentiation, if the firms do not cover the market, the lower quality firm chooses a quality level exactly 4/7 of that of the higher quality firm, and chooses a pri
In a recent article in this journal, Roller and Tombak [1990] analyse the strategic choice of modern flexible production technologies.