Is the monopolist the friend of the conservationist? Two remarks on the Hotelling-Solow paradox
Article Abstract:
The relationship of monopolist with resource conservationist is evaluated based on the aspects of uncertainty and competitive market pressure of entry. Monopolist's view of the reserve of the exhaustible resource tends to be influenced by demand uncertainty. Monopolist tend to maintain a smaller reserve whenever there is a fluctuation in demand and the risk is high. Extraction policy, meanwhile, is affected by competitive market pressure related to entry.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1998
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Commercial culture, political culture and economic policy polarization: the case of Japan
Article Abstract:
The cultural characteristics that differentiate Japan and US are presented. The impact of Japanese business culture and political culture on endogenous policy formation in post-WWII Japan are examined.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2004
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Interregional interactions and population mobility
Article Abstract:
Under decentralized and centralized policy setting, the significance of the decision sequence of policy setting and migration for the equilibrium policies are examined.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2004
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