Filters








134,980 Hits in 2.9 sec

Equilibrium pricing with positive externalities

Nima AhmadiPourAnari, Shayan Ehsani, Mohammad Ghodsi, Nima Haghpanah, Nicole Immorlica, Hamid Mahini, Vahab Mirrokni
2013 Theoretical Computer Science  
We study the problem of selling an item to strategic buyers in the presence of positive historical externalities, where the value of a product increases as more people buy and use it.  ...  Given a fixed sequence of prices, or price trajectory, buyers choose a day on which to purchase the product, i.e., they have to decide whether to purchase the product early in the game or later after more  ...  Using this price sequence, all buyers buy on some day since the utility of buying on the day with the minimum price is strictly positive.  ... 
doi:10.1016/j.tcs.2013.01.014 fatcat:jzb7okzcercfrhudghp3yfwzmu

Equilibrium Pricing with Positive Externalities (Extended Abstract) [chapter]

Nima Anari, Shayan Ehsani, Mohammad Ghodsi, Nima Haghpanah, Nicole Immorlica, Hamid Mahini, Vahab S. Mirrokni
2010 Lecture Notes in Computer Science  
We study the problem of selling an item to strategic buyers in the presence of positive historical externalities, where the value of a product increases as more people buy and use it.  ...  Given a fixed sequence of prices, or price trajectory, buyers choose a day on which to purchase the product, i.e., they have to decide whether to purchase the product early in the game or later after more  ...  Assume that there is a price sequence p with equilibrium x and u(p, x) = 0 such that for some day i, we have x i = 0 and x i+1 > 0.  ... 
doi:10.1007/978-3-642-17572-5_35 fatcat:4aolx3syyrbrdlacqetmq6gbqy

Strategic Consumption Complementarities: Can Price Flexibility Eliminate Inefficiencies and Instability?

EMANUELA RANDON, PETER SIMMONS
2010 Journal of Public Economic Theory  
The equilibrium with beneficial externality is shown to be Pareto optimal while the equilibrium with detrimental externality requires corrections.  ...  In particular we show that although at 1 fixed prices there is spiralling instability of the equilibrium with strong externality, once we allow for price adjustment in a traditional way, this equilibrium  ...  With weak complementarities the numerator is positive so then the equilibrium price falls as the endowment rises.  ... 
doi:10.1111/j.1467-9779.2009.01436.x fatcat:ylsiohfvongani23i6xlerphwa

Economic Regulation and Political Influence [chapter]

Israel Finkelshtain, Yoav Kislev
1998 Contemporary Economic Issues  
The condition s characteri sing efficient equilibri um are derived by maximisin g W in (4),with respect to the rewards and the controls (either t or q),subjec t to an arbitrary pre-assi gned value of Y  ...  The proposition, as indicated, characterises the equilibrium: if in equilibrium for a price regime (with negative externalities) Pa . -I < 1, price control 775 dominates.  ...  Panels b and c in Figure 2 depict political equilibrium for positive externalities.  ... 
doi:10.1007/978-1-349-26188-8_12 fatcat:kkse2zupdjaxli2trlkssol4ly

An index formula for production economies with externalities

Antoine Mandel
2008 Journal of Mathematical Economics  
We establish an index formula for a general equilibrium economy with non-convex production sets and externalities.  ...  We derive as corollaries existence of equilibria in an economy with externalities and non-convexities when producers follow bounded losses pricing rules or the marginal pricing rule.  ...  We establish an index formula for a general equilibrium economy with non-convex production sets and externalities.  ... 
doi:10.1016/j.jmateco.2008.07.002 fatcat:4yw66bqiwzderexwfuo4nuj3gy

Increase in Equilibrium Price by Fast Oscillations

Babar Ahmad, Khalid Iqbal Mahr
2014 Journal of Nonlinear Dynamics  
In present work, harmonic force is replaced by an arbitrary periodic force with zero mean. Hence the increase in equilibrium price can be controlled by varying the external arbitrary periodic force.  ...  Using the concept of fast oscillation, the system (typical market) can also oscillate around a new equilibrium price, with an increase.  ...  In this paper, the dynamics of the market is studied along with external arbitrary periodic force, with zero mean. Then another equilibrium price can be established with an increase.  ... 
doi:10.1155/2014/593254 fatcat:2a5hmlvs6zerradskuxt62ziyq

An Assessment of External Price Competitiveness for Mozambique

Francis Vitek
2009 IMF Working Papers  
A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to its major trading partners.  ...  This paper conducts an assessment of external price competitiveness for Mozambique.  ...  A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to its major trading partners.  ... 
doi:10.5089/9781451873122.001 fatcat:ta6hqqffbvdsldnyzznrxeyvtu

Competition in Two-Sided Markets with Common Network Externalities

David Bardey, Helmuth Cremer, Jean-Marie Lozachmeur
2009 Social Science Research Network  
We focus on the symmetric equilibrium and show that when the externality itself satis...es an homogeneity condition then platforms'pro...ts and price structure have some speci...c properties.  ...  We study competition in two sided markets with common network externality rather than with the standard inter-group e¤ects.  ...  Proposition 1 implies that equilibrium prices are given by P j = t A + 2 ( + m ) m ; w j = t B + 2 ( + m ) m 1 : With this price structure, it is clear that platforms only transfer rents from "consumers  ... 
doi:10.2139/ssrn.1491571 fatcat:iyomvykgvnaubg4gs2fr44hflm

Competition in Two-Sided Markets with Common Network Externalities

David Bardey, Helmuth Cremer, Jean-Marie Lozachmeur
2014 Review of Industrial Organization  
We focus on the symmetric equilibrium and show that when the externality itself satis...es an homogeneity condition then platforms'pro...ts and price structure have some speci...c properties.  ...  We study competition in two sided markets with common network externality rather than with the standard inter-group e¤ects.  ...  Proposition 1 implies that equilibrium prices are given by P j = t A + 2 ( + m ) m ; w j = t B + 2 ( + m ) m 1 : With this price structure, it is clear that platforms only transfer rents from "consumers  ... 
doi:10.1007/s11151-013-9416-6 fatcat:n6gpshulovhepji5jq4qygxxmq

Strategic incentives of divestitures of competing conglomerates

Guofu Tan, Lasheng Yuan
2003 International Journal of Industrial Organization  
We show that in equilibrium competing conglomerates with complementary product lines have incentives to divest and that such divestitures increase both the prices of all the products and the profits of  ...  We further show that if the firms are able to coordinate their divestiture strategies, monopoly prices and profits can be achieved via a non-cooperative pricing game.  * Proposition 3.  ...  In what follows, we shoŵt hat the equilibrium aggregate prices, p and p , increase with m . Denoting  ... 
doi:10.1016/s0167-7187(02)00120-0 fatcat:x2i34nsb6jhujaxubg6vmr6vim

Price competition when consumer behavior is characterized by conformity or vanity

Isabel Grilo, Oz Shy, Jacques-François Thisse
2001 Journal of Public Economics  
The market share of the large firm increases with the population size; as the population keeps rising, the large firm may serve the entire market and set a price that has the nature of a limit price.  ...  Such externalities have proven to be important in several markets. However, the market implication of these externalities are still unclear.  ...  Gabszewicz with whom I. Grilo started this research, for fruitful discussions. We also thank A. Navon with whom O. Shy and J. Thisse worked on a related topic. All authors are indebted to H.  ... 
doi:10.1016/s0047-2727(00)00115-8 fatcat:ylikgxuodja5vknxfxa2pziftq

Aggregate Pattern of Time-dependent Adjustment Rules, II: Strategic Complementarity and Endogenous Nonsynchronization

Sau-Him Paul Lau
2001 Journal of Economic Theory  
The paper first shows that nonsynchronization is the equilibrium outcome in an infinite-horizon game in which strategic complementarity is present, whether the players choose predetermined or fixed actions  ...  By pursuing Tirole's [33] interpretation of a nonsynchronized-move dynamic game as a series of games with 'symmetric Stackelberg leadership', it is further suggested that the relationship between strategic  ...  As positive externality is present, both players benefit from the higher prices.  ... 
doi:10.1006/jeth.2000.2691 fatcat:fmd4ll3sgnbqdmd7leo65rdpca

HySIM: A hybrid spectrum and information market for TV white space networks

Yuan Luo, Lin Gao, Jianwei Huang
2015 2015 IEEE Conference on Computer Communications (INFOCOM)  
We characterize how the network externalities affect the equilibrium behaviours of all parties involved.  ...  Analyzing such a three-layer model is challenging due to the co-existence of both positive and negative network externalities in the information market.  ...  Figure 6 shows the pricing equilibrium vs L, under both strongly positive (red curves) and negative externalities (blue curve).  ... 
doi:10.1109/infocom.2015.7218461 dblp:conf/infocom/LuoGH15 fatcat:uvq7lleygfcypor6itvkomvzli

Vanity and Congestion: A Study of Reciprocal Externalities

Jonas Hackner, Sten Nyberg
1996 Economica  
Although firms compete in prices and products are undifferentiated in equilibrium, the price-cost margin turns out to be positive.  ...  From a social perspective, the equilibrium price is higher than what is motivated by the negative externality. Hence, welfare can be improved by means of a price-ceiling.  ...  Firms maximize profits with respect to price taking into account the strategic 6Por positive externalities, 13 <0, the equal utility condition, expression (7), will not hold (or be unstable) and there  ... 
doi:10.2307/2554636 fatcat:3b3xoxplzzbalohs2jqrj7yhei

MINE GOLD to Deliver Green Cognitive Communications [article]

Yuan Luo, Lin Gao, Jianwei Huang
2015 arXiv   pre-print
Moreover, numerical results show that a large degree of positive network externality would improve the databases' revenues and the system performance.  ...  We then analyze how the system parameters and the databases' pricing decisions affect the market equilibrium, and what is the equilibrium of the database price competition.  ...  Figure 5 .a shows the equilibrium prices of positive network externality. We can see that the databases' equilibrium prices increases with the level of network externality.  ... 
arXiv:1509.03992v1 fatcat:eghodxc2ljgzvh7riddo2dcafq
« Previous Showing results 1 — 15 out of 134,980 results