Quality Competition and Social Welfare in Markets with Partial Coverage: New Results
Article Abstract:
A vertical product differentiation model was used to analyze duopoly equilibrium and social welfare optimum under partial market coverage when quality provision convex costs are either variable or fixed with regard to production. Results and interrelationships are discussed.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2005
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Agency Cost of Debt and Credit Market Imperfections: A Bargaining Approach
Article Abstract:
Findings by the authors do no support the notion that a trade-off would exist between higher agency debt finance costs and lower credit market imperfections, as the threshold for loan finance obtainment is independent of the financier's relative bargaining power.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2004
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The Game Academics Play: Comment
Article Abstract:
The interaction between authors and editors is used to illustrate an equilibrium model of journal quality. Clarifications are presented for conditions under which quality responds to the impatience of authors and editors.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2006
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