Heiner SchumacherGoethe-University FrankfurtJohn Wiley & Sons, Ltd.Journal of Risk & InsuranceKesternich, Iris and Heiner Schumacher, "On the Use of Information in Oligopolistic Insurance Markets," The Journal of Risk and Insurance, 81 (2014), 159-175....
The distinguishing characteristic of oligopolistic markets isA. A single seller of a homogeneous product with no close substitute. B. A single seller of a heterogeneous product with no close substitute. C. Lack of entry and exit barriers in the industry. D. Mutual interdependence of firm pricing...
This paper extends the use of econometric production theory techniques to ageneral class of oligopolistic markets. We provide a framework which enables us ... E Appelbaum - 《Journal of Econometrics》 被引量: 861发表: 1982年 Agent-based modeling and simulation of competitive wholesale electricity ...
the market condition that exists when there are few sellers. —oligopolistic,adj. See also:Trade -Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved. oligopoly The control of a market by a small number of suppliers of goods or services. ...
of audit regulations on market structure. The circular market-matching model introduced by Schmalensee (1978) and Salop (1979), in contrast, allows the analysis of oligopolistic markets in which the number of suppliers is neither exogenous nor necessarily stable over time. As in the linear ...
Evaluation of Electric Power Deregulation Using Network Models of Oligopolistic Spatial Markets Proposals have been made to deregulate the power generation function of electric utilities. But unregulated generators would be spatial oligopolists, because transmission costs would insulate them from competition ...
知道了《经济学人》是一个坚定的自由主义者,再读以上几段,段落大意马上就能心领神会。视线扫过“free trade, free markets and limited government”,无需再去思考“to champion”、“adhered”和“has been committed ever since”的含义,我们也能很快反应过来,这些就是《经济学人》所信奉的纲领。
a term used in bourgeois economics to designate a form of market structure in developed capitalist countries. Under oligopolistic conditions several large firms monopolize the bulk of production and marketing and conduct nonprice competition among themselves. The term “oligopoly” was introduced by the ...
rent-seeking competition via the political system. As a result, in an illegal market, competitive advantage tends to flow to those who have a relative advantage at violence, somonopolisticoroligopolisticbehavior is likely andbarriers to entryare high as weaker players are driven out of the market...
Southwest Airlines: Grew organically and through the acquisition of AirTran Airways.16These four carriers now control over two-thirds of the domestic market, creating an oligopolistic structure. The consolidation has had far-reaching effects: Reduced...