Turning the page on business formats for digital platforms : does Apple's agency model soften competition?

No matter how the firms value profit versus revenues and consumer surplus, the collusive price will always be higher (lower) than Bertrand prices when the firms produce

The empirical results indicates that households that are rich in resources like land, skills and capital for business have relatively higher shadow wages and earn a higher share

However, since we we are interested in whether storage in the monopoly case is higher or lower than in the competitive case we only need to assume that marginal revenue is positive

First, for a given number of …rms, reference pricing leads to lower prices of both brand-name and generic drugs and a higher brand-name market share than a reimbursement scheme based

4 When the downstream sectors are regulated with a renewable standard, an optimal strategy from a global persective is to introduce upstream and downstream subsidies that together

If on the other hand the futures price today is higher than expected spot price at maturity (contango), the seller of the futures contract will on average have positive return..

The higher the upstream subsidy in Region 1, and the lower the emissions tax in Region 2, the more likely it is that the foreign abatement technology …rms exit the market due to

While we managed to test and evaluate the MARVEL tool, we were not able to solve the analysis problem for the Future Land Power project, and we did not provide an answer to