Analogously, the present paper shows that the formula for the optimal benefit rate in a social insurance problem does not depend on the agent’s choice variables and constraints. 3...Green, H., 1961. The Social Optimum in the Presence of Monopoly and Taxation. Review of Economic Studies 29...
The Social Optimum in the presence of Monopoly and Taxation If the ratios of price to marginal cost in certain industries are given, what can be said about the optimal ratios of price to marginal cost in other indus... HAJ Green - 《Review of Economic Studies》 被引量: 34发表: 1973年 ...
Optimal Nonlinear Pricing in Social Networks under Asymmetric Network Information The firm may adopt nonlinear pricing to serve customers with heterogeneous and unobservable network positions. The firm's profit maximization resembles a ... Y Zhang,YJ Chen - 《Social Science Electronic Publishing》 被引...
I show that, in both cases, the equilibrium level of marketing rises above the socially optimal level. The point is that a larger obsolescence effect promotes replacement demand, driving the monopolist to spend more than is socially optimal. 展开 ...
Whereas a high price in the credit market increases banks' retained earnings and attracts more deposits, it reduces lending if borrowers are sufficiently poor to be tempted by diversion. Thus optimal bank market structure trades off the benefits of monopoly banking in attracting deposits against ...
First, I characterize a unique steady state of the monopoly market. Second, I find that optimal sequences of subscription prices oscillate around the subscription price at the steady state. Third, I analyze how changes in the monopolist's discount factor and the density of the social network ...
Here’s my excuse for using obsolete, sub-optimal, or inadequate statistical methods or using a method irresponsibly. (31 comments) “Participants reported being hungrier when they walked into the café (mean = 7.38, SD = 2.20) than when they walked out [mean = 1.53, SD = 2.70, F(1, ...
The international, interdisciplinary journal Mathematical Social Sciences publishes original research articles, survey papers, short notes and book reviews. The journal emphasizes the unity of mathematical modelling in economics, psychology, political sc
(1995), “Optimal Experimentation in a Changing Environment”, Discussion Paper, Department of Economics, University of Edinburgh. Google Scholar Lee, I.H. (1993), On the Convergence of Informational Cascades, Journal of Economic Theory, 61, pp. 395–411. Article Google Scholar Maskin, E. ...
We will push forward with the upgrading of coal-fired power plants, actively yet prudently develop hydropower, safely develop advanced nuclear power facilities, and maintain optimal development of wind and photovoltaic power, thus making non-fossil fuels the major contributor to energy consumption ...