Two stage equilibrium and product choice with elastic demand

Article Abstract:

Research is presented concerning the development of a two stage model which can be used to investigate the influence of elastic demand on product choice. Duopolists, consumer demand and transportation costs are discussed.

Markets (Economics), Supply and demand

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Multiplicity of equilibria in search markets with free entry and exit

Article Abstract:

A study analyzing the presence of multiple equilibria in search markets, while firms having marginal costs, and may enter and exit the market freely, is presented. When search costs get small, multiplicity disappears.

Portugal, Analysis, Equilibrium (Economics), Marginal costs

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Market power, cost reduction and consumer search

Article Abstract:

Research is presented concerning the development of model which can be used to investigate the relationship between market power and cost reduction. The level of influence of context on cost reduction is discussed.

Research, Industrial research, Consumer behavior, Industrial productivity

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