نتایج جستجو برای: consumer surplus
تعداد نتایج: 67687 فیلتر نتایج به سال:
Electricity plays an important role in the production of various economic sectors. Power outages can thus impose high costs on these sectors and ultimately on economic growth and development. The purpose of this study is to estimate the welfare losses resulting from a possible power outage in the productive economic sectors of Iran. This study was conducted in two stages using provincial pane...
Ramnath K. Chellappa Goizueta Business School Emory University Atlanta, GA 30322-2710 [email protected] Raymond G. Sin School of Business and Management Hong Kong University of Science and Technology Clear Water Bay, Hong Kong [email protected] Abstract Due to inherent privacy concerns, online personalization services such as those offered through toolbars and desktop widgets, are characterized by ‚n...
Abstract We study collusion between a public firm and private facing linear demand quadratic costs. characterize the collusive outcome that results from Nash bargaining compare it to non-cooperative outcome. If firm’s taste for consumer surplus is mild, both firms reduce output (as in duopoly). intermediate, while reduces output, expands such an extent total increases. strong, expansion does no...
The paper proposes the money metric utility frontier as the basic unifying concept for an applicable theory of aggregate welfare measurement. The concept is related to conventional index numbers of aggregate real consumption and the aggregate cost-of-living, as well as to consumer surplus. Current developments and controversies, related for example to the use of chain indexes in measuring CPI a...
The consequences of free trade are investigated in an international duopoly under horizontal di¤erentiation and convex transportation costs. It is shown that the smaller country may bene...t from trade if it is su¢ciently small to allow for a signi...cant volume of exports by the domestic ...rm. On the contrary, the larger country never bene...ts from trade, since liberalization decreases the d...
A the initial euphoria about Internet-enabled reverse auctions has given way to a cautious but widespread use of reverse auctions in business-to-business (B2B) procurement, there is a limited understanding of the effect of auction design parameters on buyer surplus. In this paper, we study the effect of bidding competition, information asymmetry, reserve price, bid decrement, auction duration, ...
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