Network Externalities Demand Inertia And Dynamic Pricing In An Experimental Oligopoly Market
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Handbook of Industrial Organization
Author | : Richard Schmalensee |
Publisher | : North Holland |
Total Pages | : 1002 |
Release | : 1989-09-11 |
Genre | : Business & Economics |
ISBN | : |
Determinants of firm and market organization; Analysis of market behavior; Empirical methods and results; International issues and comparision; government intervention in the Marketplace.
Telecommunications Pricing
Author | : Bridger M. Mitchell |
Publisher | : Cambridge University Press |
Total Pages | : 332 |
Release | : 1991-11-29 |
Genre | : Business & Economics |
ISBN | : 9780521426787 |
Systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterize telecommunications markets
Bounded Rationality and Industrial Organization
Author | : Ran Spiegler |
Publisher | : OUP USA |
Total Pages | : 235 |
Release | : 2011-02-18 |
Genre | : Business & Economics |
ISBN | : 0195398718 |
Ît then rigorously analyses each model in the tradition of microeconomic theory, leading to a richer, more realistic picture of consumer behavior. Ran Spiegler analyses phenomena such as exploitative price plans in the credit market, complexity of financial products and other obfuscation practices, consumer antagonism to unexpected price increases, and the role of default options in consumer decision making. Spiegler unifies the relevant literature into three main strands: limited ability to anticipate and control future choices, limited ability to understand complex market environments, and sensitivity to reference points. Although the challenge of enriching the psychology of decision makers in economic models has been at the frontier of theoretical research in the last decade, there has been no graduate-level, theory-oriented textbook to cover developments in the last 10-15 years.
Industrial Organization
Author | : Paul Belleflamme |
Publisher | : Cambridge University Press |
Total Pages | : 725 |
Release | : 2010-01-07 |
Genre | : Business & Economics |
ISBN | : 1139485245 |
Industrial Organization: Markets and Strategies provides an up-to-date account of modern industrial organization that blends theory with real-world applications. Written in a clear and accessible style, it acquaints the reader with the most important models for understanding strategies chosen by firms with market power and shows how such firms adapt to different market environments. It covers a wide range of topics including recent developments on product bundling, branding strategies, restrictions in vertical supply relationships, intellectual property protection, and two-sided markets, to name just a few. Models are presented in detail and the main results are summarized as lessons. Formal theory is complemented throughout by real-world cases that show students how it applies to actual organizational settings. The book is accompanied by a website containing a number of additional resources for lecturers and students, including exercises, answers to review questions, case material and slides.
Handbook of Industrial Organization
Author | : Kate Ho |
Publisher | : Elsevier |
Total Pages | : 782 |
Release | : 2021-12-09 |
Genre | : Business & Economics |
ISBN | : 0323988873 |
Handbook of Industrial Organization Volume 4 highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. Part of the renowned Handbooks in Economics series Chapters are contributed by some of the leading experts in their fields A source, reference and teaching supplement for industrial organizations or industrial economists
Surveys in Experimental Economics
Author | : Friedel Bolle |
Publisher | : Springer Science & Business Media |
Total Pages | : 259 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642574580 |
Experimental Economics has experienced a steadily growing interest by economists during the last decade. This may not surprise since laboratory and field experiments obviously provide a further valuable source of empirical evidence of economic behavior besides statistics, econometrics, polls, interviews and simulations. In an overview of the recent developments in Experimental Economics, the present book concentrates on three central themes standing in the actual research focus: bargaining, cooperation and election markets. For each one of these topics the volume presents several state-of-the-art survey articles by experts in the field, accompanied by detailed comments. While the experimental approach sheds new light on the microeconomic standard topics of bargaining and cooperation, the election market approach as a new field may provide better forecasts for political elections - and for soccer World Championships.
Technological Change and the Environment
Author | : Arnulf Grübler |
Publisher | : Routledge |
Total Pages | : 414 |
Release | : 2010-09-30 |
Genre | : Nature |
ISBN | : 1136522913 |
Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).
Nonlinear Dynamics and Evolutionary Economics
Author | : Richard Hollis Day |
Publisher | : Oxford University Press, USA |
Total Pages | : 360 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : |
Advances in physics, computers, and mathematics have made it possible to illustrate an astonishing array of potential behavior that can occur when nonlinear interactions are present. As Prigogine explains from a physicist's perspective, the fundamental role of instability and bounded rationality provide more precise understanding for evolution and changes. This volume considers these developments from various fields in the context of economic science. The work starts with a general non-mathematical discussion, introducing the major themes--nonlinearity, dynamical systems, and evolution in economic processes. The work continues with nonlinear analysis of macroeconomic growth and fluctuations. It describes analyses of economic adaptation, learning, and self-organization. The volume also scrutinizes a specific market--equities using nonlinear analysis, controlled experiments, and statistical inference when nonlinearity plays an essential role in data generation. The volume closes with an historical reflection by Richard Goodwin and a roundtable discussion on basic issues and new challenges in nonlinear economic dynamics.