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A Note on the Excess Entry Theorem in Spatial Models with Elastic Demand

Author : Yiquan Gu
Publisher :
Page : 18 pages
File Size : 46,4 MB
Release : 2008
Category :
ISBN :

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This paper revisits the excess entry theorem in spatial models agrave; la Vickrey (1964) and Salop (1979) while relaxing the assumption of inelastic demand. Using a demand function with a constant demand elasticity, we show that the number of firms that enter a market decreases with the degree of demand elasticity.We find that the excess entry theorem does only hold when demand is sufficiently inelastic. Otherwise, there is insufficient entry. In the limiting case of unit elastic demand, the market is monopolized. We point out when and how a public policy can be desirable and broaden our results with a more general transportation cost function.

Spatial Economics Volume I

Author : Stefano Colombo
Publisher : Springer Nature
Page : 346 pages
File Size : 46,20 MB
Release : 2020-09-23
Category : Business & Economics
ISBN : 3030400980

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Space 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.

Dictionary of Industrial Organization

Author : George Norman
Publisher : Edward Elgar Publishing
Page : 341 pages
File Size : 41,8 MB
Release : 2014-03-28
Category : Business & Economics
ISBN : 1783471980

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The Dictionary balances concise explanation with comprehensive coverage, incorporating concepts such as the structure-conduct-performance paradigm, the development of the theory of the firm, the foundational contributions of game theory and models of s

Deutsche Nationalbibliografie

Author : Die deutsche Nationalbibliothek
Publisher :
Page : 830 pages
File Size : 19,69 MB
Release : 2008
Category :
ISBN :

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Oligopoly Pricing

Author : Xavier Vives
Publisher : MIT Press (MA)
Page : 446 pages
File Size : 36,27 MB
Release : 1999
Category : Business & Economics
ISBN : 9780262220606

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Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.

Geometric Programming for Communication Systems

Author : Mung Chiang
Publisher : Now Publishers Inc
Page : 172 pages
File Size : 26,68 MB
Release : 2005
Category : Computers
ISBN : 9781933019093

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Recently Geometric Programming has been applied to study a variety of problems in the analysis and design of communication systems from information theory and queuing theory to signal processing and network protocols. Geometric Programming for Communication Systems begins its comprehensive treatment of the subject by providing an in-depth tutorial on the theory, algorithms, and modeling methods of Geometric Programming. It then gives a systematic survey of the applications of Geometric Programming to the study of communication systems. It collects in one place various published results in this area, which are currently scattered in several books and many research papers, as well as to date unpublished results. Geometric Programming for Communication Systems is intended for researchers and students who wish to have a comprehensive starting point for understanding the theory and applications of geometric programming in communication systems.

Microeconomic Theories of Imperfect Competition

Author : Jean Jaskold Gabszewicz
Publisher : Edward Elgar Publishing
Page : 856 pages
File Size : 20,85 MB
Release : 1999
Category : Business & Economics
ISBN :

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This collection of readings provides a broad overview of the major theoretical concepts in the field and includes papers on industry size, quantity and price competition, entry barriers, product differentiation, incomplete information and general equilibrium with imperfect competition.

Exchange Rate Economics

Author : Ronald MacDonald
Publisher : Routledge
Page : 334 pages
File Size : 28,84 MB
Release : 2005
Category : Foreign exchange
ISBN : 1134838220

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''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""