Market Separation, Negative Consumption Externalities and Capacity Constraints
نویسندگان
چکیده
منابع مشابه
Counterfeiting and negative consumption externalities —a closer look
Counterfeiting is a growing problem in national and international trade. We extend the work of Grossman and Shapiro (1988) on consumption externalities in prestige goods markets, and model a general aversion towards large levels of output interacting with a firm-specific aversion towards copies. We show that these externalities play the role of protecting the market share of the producer of ori...
متن کاملOligopoly with Capacity Constraints and Thresholds
Abstract Extended Oligopoly models will be introduced and examined in which the firms might face capacity limits, thresholds for minimal and maximal moves, and antitrust thresholds in the case of partial cooperation. Similar situation occurs when there is an additional cost of output adjustment, which is discontinuous at zero due to set-up costs. In these cases the payoff functions of the...
متن کاملNetwork Topologies and Consumption Externalities
The economic implications of network topologies are studied via a monopolist’s model of market networks originally proposed by Phan, et al. (2003). By embedding the market into a larger collection of network topologies, in particular, a class of scale-free networks, we extend the early analysis built upon a class of ring networks. To facilitate the study of the impacts of network topologies upo...
متن کاملNegative Externalities and Evolutionary Implementation
We model externality abatement as an implementation problem. A social planner would like to ensure efficient behavior among a group of agents whose actions are sources of externalities. However, the planner has limited information about the agents' preferences, and he is unable to distinguish individual agents except through their action choices. We prove that if a concavity condition on aggreg...
متن کاملEquilibrium portfolios with consumption externalities
We examine the equilibrium consumption and portfolio strategies in an economy with consumption externalities. We consider a model where the von Neumann-Morgenstern utility is a function of one's own consumption and of the average consumption in the economy in the corresponding state or date. We show that, under some conditions on the degree of conformism in the economy, the optimal portfolio an...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2390263