Status goodsPositional goodsProduct differentiationProduct varietyMonopolistic competitionD11D43L13Z13International Review of Economics - We introduce status goods in a model of monopolistic competition for investigating whether a stronger preference for status promotes a higher quantity or a...doi:10.1007/s12232-015-0228-xWoo, Wai ChiuSpri...
China has embraced a version of Bastiat’sbroken window fallacy— where any type of economic activity, including construction of useless assets, counts the same as real or useful economic activity.
Recent history has demonstrated that we may have to alter our longstanding conception of the process actuated by competition. The price variable, once perceived as the dominant aspect of the process, is now subordinate to the competition of the new product, the new business structure, and the ne...
Recent history has demonstrated that we may have to alter our longstanding conception of the process actuated by competition. The price variable, once perceived as the dominant aspect of the process, is now subordinate to the competition of the new product, the new business structure and the new...
The director of research frequently alters the model based on rigorous research-an aspect that is well explained to clients, although the specific alterations are not continually disclosed. Portfolio managers then make specific sector and security holding decisions, purchasing only securities that are ...
Describe one aspect of supply chain management that impacts someone's daily life. Describe different ways to structure business combinations. Describe how recycling and reuse impacts supply chain logistics. Differentiate between the main types of bu...
The director of research frequently alters the model based on rigorous research-an aspect that is well explained to clients, although the specific alterations are not continually disclosed. Portfolio managers then make specific sector and security holding decisions, purchasing only securities that are ...
The director of research frequently alters the model based on rigorous research-an aspect that is well explained to clients, although the specific alterations are not continually disclosed. Portfolio managers then make specific sector and security holding decisions, purchasing only securities that are ...