Spatial Perfect Competition Under Uniform Pricing
Author | : Hiroshi Ohta |
Publisher | : |
Total Pages | : 40 |
Release | : 1998 |
Genre | : Control de precios |
ISBN | : |
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Author | : Hiroshi Ohta |
Publisher | : |
Total Pages | : 40 |
Release | : 1998 |
Genre | : Control de precios |
ISBN | : |
Author | : George Norman |
Publisher | : Taylor & Francis |
Total Pages | : 190 |
Release | : 1986 |
Genre | : Business & Economics |
ISBN | : 9780850861211 |
Author | : Melvin L. Greenhut |
Publisher | : Cambridge University Press |
Total Pages | : 432 |
Release | : 1987-01-30 |
Genre | : Business & Economics |
ISBN | : 9780521315647 |
This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.
Author | : Matthias Hunold |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : |
ISBN | : |
We characterize mixed-strategy equilibria when capacity constrained suppliers can charge location-based prices to different customers. We establish an equilibrium with prices that weakly increase in the costs of supplying a customer. Despite prices above costs and excess capacities, each supplier exclusively serves its home market in equilibrium. Competition yields volatile market shares and an inefficient allocation of customers to firms. Even ex-post cross-supplies may restore efficiency only partly. We show that consumers may benefit from price discrimination whereas the the firms make the same profits as with uniform pricing. We use our findings to discuss recent competition policy cases and provide hints for a more refined coordinated-effects analysis.
Author | : Hiroshi Ohta |
Publisher | : Texas A&M University Press |
Total Pages | : 274 |
Release | : 1988 |
Genre | : Business & Economics |
ISBN | : |
Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.
Author | : Hiroshi Ohta |
Publisher | : Springer |
Total Pages | : 442 |
Release | : 1993-09-15 |
Genre | : Business & Economics |
ISBN | : 1349229067 |
This is a Festschrift to honour Professor Melvin Greenhut who has long toiled on spatial economics. The book accordingly focuses on a single question: in what sense 'economic space' matters in economic theory. Space in economics is an elusive concept, apparently separating and embracing economic agents at the same time. This is why adding it to already overly complicated economic agents at the same time. This is why adding it to already overly complicated economic models may not necessarily help economics to become sufficiently realistic. In this book, leading scholars of international stature try to find ways of introducing space in economic theory which will make it simpler and more realistic, analysing theoretical and historical issues of contemporary relevance, such as land use, congestion and public goods, location theory and spatial competition.
Author | : Hiroshi Ohta |
Publisher | : Texas A&M University Press |
Total Pages | : 272 |
Release | : 1988 |
Genre | : Business & Economics |
ISBN | : |
Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.
Author | : Mary E. Edwards |
Publisher | : Routledge |
Total Pages | : 741 |
Release | : 2017-09-25 |
Genre | : Political Science |
ISBN | : 1351551671 |
Thorough and authoritative, Regional and Urban Economics and Economic Development: Theory and Methods provides students with a sound approach to analyzing the economic progress of a region or urban area. The textbook is divided into four sections for ease of reference. The first section, Market Areas and Firm Location Analysis introduces spatial economics and location theory, while the next section, Regional Growth and Development analyzes regional growth and development models and policy. Introducing the foundations of urban economics, Urban Land Use and Urban Form examines land rent, land use patterns, and the effects of attempts to control land uses. The final section, Urban Problems and Policy, investigates local public finance and introduces the policy analysis involved in countering urban problems. Addressing these topics from the perspectives of how they affect the population at large and how they become established within public policy, Regional and Urban Economics and Economic Development: Theory and Methods provides students with an essential foundation not only to understand but also to contemplate the dynamics of varying economic factors as they relate to an area's growth.
Author | : Hironobu Nakagawa |
Publisher | : Springer |
Total Pages | : 291 |
Release | : 2011-12-15 |
Genre | : Political Science |
ISBN | : 0230348203 |
This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.