Input price determination with downstream Cournot competitors

Article Abstract:

The problem of third-degree price determination in input markets are addressed and its welfare properties are considered. The complementary notion that input price discrimination can be harmful even if upstream monopolist has no interest to favor a particular downstream firm is highlighted and it is shown that under reasonable assumptions, the ability to discriminate would have a negative impact on consumer surplus and total welfare.

Welfare economics

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Number of sellers, average prices and price dispersion

Article Abstract:

The impact of seller density on prices and price dispersion in the retail gasoline industry is studied. It is found that increase in station density decreases prices and price dispersion.

Commodity & service prices, Management dynamics, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Management, Prices and rates, Petroleum industry, Company business management, Sales personnel, Salespeople, Company pricing policy

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Firm size distribution: testing the oindependent submarkets modelo in the Italian motor insurance industry

Article Abstract:

The role of multiple independent submarkets as a causal factor for firm size distribution in Italian motor insurance industry is presented.

United Kingdom, Italy, INSURANCE CARRIERS, Insurance industry, Markets (Economics), Corporate size

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