We analyzed the market for indivisible, pure status goods. Firms produce and sell di¤erent brands of pure status goods to a population that is willing to signal individual abilities to potential matches in another population. Individual status is determined by the most expensive status good one has. There is a strati…ed equilibrium with a …nite number of brands. Under constant tax rates, a mono...

This paper provides a new game theoretic model consistent with the premises of contestable markets. Two firms repeatedly compete for a natural monopoly position. The limit price of the incumbent is disciplined by a hit and run strategy of the entrant. In this model, contrarily to the well known Maskin and Tirole model (1988): i) productive efficiency is encouraged, the more efficient firm gets ...

the current paper investigates non-contestable markets, and through discussing this concept and adopting an interdisciplinary approach investigates the interaction between this concept and the contestable markets. in this regard and from a positive point of view, the current paper aims to disuss the interaction of these two concepts. from a legal and normative point of view, we seek to highligh...

We prove the existence of subsidy free and sustainable pricing schedule in multiproduct contestable markets. We allow firms to discriminate the local markets that are composed by a set of the products line and a set of agents. Results are obtained under an assumption of fair sharing cost and under boundary condition of demand functions. The pricing problem is modelled in terms of equilibrium-co...

hisba is a regulatory regime in islamic law which could be a base for islamic economic regulation but has been neglected for centuries. the protection of integrity of the market and competition is a prominent economic and legal objective in modern economies. however, the focus in the islamic law has been on the bipolar relations among the individuals in the form of law of contract or law of tor...