The American Economic Review, Volume 86American Economic Association., 1996 Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research. |
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Página 224
... units , and in the second period the market at- tains a Cournot equilibrium in a quantity- setting game whose participants consist of all of the firms ' units . In order to highlight the purely strategic motives in our model , we strip ...
... units , and in the second period the market at- tains a Cournot equilibrium in a quantity- setting game whose participants consist of all of the firms ' units . In order to highlight the purely strategic motives in our model , we strip ...
Página 464
... UNITS OF OUTPUT P2 S P3 S D S P4 S S Units 0 2 4 6 8 10 12 14 16 18 20 22 FIGURE 2. ABSENCE OF A COMPETITIVE EQUILIBRIUM FOR Avoidable - Cost Market Structure WHEN EACH BUYER DEMANDS 3 UNITS OF OUTPUT Q = 16 and price p E [ 180 , 210 ] ...
... UNITS OF OUTPUT P2 S P3 S D S P4 S S Units 0 2 4 6 8 10 12 14 16 18 20 22 FIGURE 2. ABSENCE OF A COMPETITIVE EQUILIBRIUM FOR Avoidable - Cost Market Structure WHEN EACH BUYER DEMANDS 3 UNITS OF OUTPUT Q = 16 and price p E [ 180 , 210 ] ...
Página 488
... units , so the seller's duty is not " discharged " by the buyer's breach on the remaining units . The buyer might also have the right to successfully sue even if the contract were " en- tire , " as discussed in Edlin and Reichelstein ...
... units , so the seller's duty is not " discharged " by the buyer's breach on the remaining units . The buyer might also have the right to successfully sue even if the contract were " en- tire , " as discussed in Edlin and Reichelstein ...
Índice
Income Risk Borrowing Constraints and Portfolio Choice | 158 |
PAUL MILGROM AND JOHN ROBERTS | 173 |
JEREMY BULOW AND PAUL KLEMPERER | 180 |
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aggregate American Economic Review analysis assets assume assumption at-will auction average bargaining behavior bidders buyer buyout capital changes coefficient Common Value Auctions competition composite commodity consumption contract correlation debt default demand denote drilling effect efficient employees English auctions equation equilibrium estimated expected firm firm's function given growth health insurance households implies income increase industry innovation investment Journal of Economics labor lease Lemma loan marginal cost ment monetary mortgage Nash equilibrium neoclassical nomic offer optimal outcome output paper parameter percent period predicted preferences profits Proposition ratio regression relative revenue risk risk aversion Section seller senators share signal social standard standard errors statistically strategy symmetric equilibrium Table Theorem theory tion tracts trade units University utility variables Veblen effects voters voting wage winner's curse workers zero