Do active secondary markets aid or harm durable goods manufacturers? We build a dynamic equilibrium model of durable goods oligopoly, with consumers who incur lumpy costs when transacting in the secondary market, and calibrate it to U.S. automobile industry data. By varying transaction costs, we obtain a direct measure of the competitive pressure that secondary markets create on durable goods m...

We analyze a fuel automobile (FA) supply chain and an electric-and-fuel automobile (EA-FA) supply chain in a duopoly setting, under a government’s subsidy incentive scheme that is implemented to promote the electric automobile (EA) for the control of air pollution. Benefiting from such a scheme, each EA consumer can enjoy a subsidy from the government. We show that the incentive scheme is more ...

This paper assesses the role of advertising in the demand of a differenciated and infrequently purchased good market. Advertising enters directly in the demand as goodwill stock with decreasing returns. Demand is specified and estimated in a discrete choice model approach, which allows us to compute the predatory and spillover effects of advertising and different sensibilities to advertising ac...

In this paper we make use of detailed, transaction-level data on automobile purchases and monthly, ZIP-code level data on retail gasoline prices to investigate the effect of fuel prices on four aspects of automobile purchasing in the U.S.: market shares, new car prices, trade-in utilization, and new car inventories. We find statistically and economically significant effects in all four aspects,...

The main objective of this paper is to evaluate the structure of the Iranian banking system and to measure the market power factor based on the Boone approach. In this paper, we investigated the Iranian organized money market, including 18 banks operating in the period of 2008-2015. To calculate the marginal cost (MC), we used a Translog Stochastic Frontier Cost Function. Findings based on the ...

Free AccessImportant Keywordshttps://doi.org/10.14220/9783737013444.259SectionsPDF/EPUB ToolsAdd to favoritesDownload CitationsTrack Citations ShareShare onFacebookTwitterLinkedInRedditEmail About Previous chapter Next FiguresReferencesRelatedDetails Download book coverOsnabrücker Studien zur Jüdischen und Christlichen Bibel.Volume 8 1st editionISBN: 978-3-8471-1344-7 eISBN: 978-3-7370-1344-4Hi...

Smart card technology has resulted in vast developments in many aspects of modern human life. User acceptance of fuel rationing smart cards based on adoption model involves many factors such as: satisfaction, security, external variables, attitude toward using, etc. In this study, user acceptance and security factors for fuel rationing smart cards in Iran have been evaluated based on an adoptio...

Private passenger automobile insurance companies employ a range of strategies and tactics to achieve their growth and profitability objectives. Gains and losses in market share among insurers suggest a fair degree of rivalrous behavior; however, previous econometric analyses have not adequately addressed the sources of firm-level advantages. Although prior studies have tested hypotheses about d...

The aim of this study was to review the prevalence of rice contamination to heavy metals in Iranian grown and imported rice brands by conducting a systematic review and assess the related human health risk. Multiple keywords such as "rice, heavy metals, and Iran" were used to search in related databases. The average concentration of Cd, Pb, As, Cu, Zn, Cr, Ni and Co for Iranian grown/imported r...