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  • Blackwell Publishing Ltd  (25,582)
  • Institute of Electrical and Electronics Engineers (IEEE)
  • Springer Science + Business Media
  • 1995-1999  (25,582)
Collection
Publisher
Years
Year
  • 1
    Electronic Resource
    Electronic Resource
    CARTEL STABILITY AND THE CURVATURE OF MARKET DEMAND (1996)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The stability of collusion is analysed for a family of demand functions whose curvature is determined by a parameter varying between zero and infinity. When the number of firms is low, firms may prefer to act as quantity setters in order to increase cartel stability if demand is sufficiently convex. Otherwise, price-setting behaviour enhances their ability to collude. As the number of firms tends to infinity, Cournot behaviour is preferable to Bertrand behaviour in order to stabilize collusion, independently of the characteristics of market demand.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00639.x
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    THE SCOPE FOR COLLUSION AND COMPETITION IN A REGULATED VERTICALLY INTEGRATED INDUSTRY (1996)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper investigates the competitive implications of input price controls in a partially regulated industry where a vertically integrated firm has exclusive control over an input with natural monopoly characteristics. Such industry structures are commonly encountered in activities such as telecommunications, railways, electricity and water supply. It is shown that in a Cournot game such input price controls are unambiguously benefical to consumers. However, it is further demonstrated that there exist circumstances in which these controls may make the non-integrated firm worse off. Thus if the objective of input price regulation is to protect the non-integrated firm, such controls may prove to be counterproductive.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00635.x
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  • 3
    Electronic Resource
    Electronic Resource
    THE MARKET FOR FRANCHISE OPPORTUNITIES (1996)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Franchised distribution accounts for a substantial proportion of retail sales each year. This form of vertical integration is frequently found in the accompaniment of parallel distribution through company-owned establishments. Similarly, franchise contracts are characterized by mixed compensation strategies. This paper contains empirical models of the market for franchise opportunities where incentives for mixed distribution and compensation strategies are evaluated.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00626.x
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  • 4
    Electronic Resource
    Electronic Resource
    CRIME, DETERRENCE AND UNEMPLOYMENT IN ENGLAND AND WALES: AN EMPIRICAL ANALYSIS (1996)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper uses aggregate data from 42 police-force areas over 12 years to test predictions of Becker's economic model of crime. The effects of measures for deterrence on the incidence of three types of acquisitive criminal activity (burglary, theft, robbery) in England and Wales are explored. Mixed support for the Becker model emerges. The growth in unemployment is seen to impact positively on two of the three types of criminal activity examined. Per capita household income is seen to have a negative effect on the recorded rates of burglary and theft, but there is some evidence that the income variable is a proxy for the effects of unemployment. Poor housing conditions and the relative youth of the population were also found to play a role in the determination of criminal activity.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00629.x
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  • 5
    Electronic Resource
    Electronic Resource
    COST FUNCTIONS AND COST EFFICIENCY IN ELECTRICITY DISTRIBUTION: A STOCHASTIC FRONTIER APPROACH (1996)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The paper develops a cost frontier model of electricity distribution and estimates it on data for the 12 regional electricity companies of England and Wales. It is found that some significant cost drivers in cross-section estimation are insignificant when the model is estimated on panel data, highlighting the well-known drawbacks of cross-section estimation. Panel data estimation suggests that the main determinants of distribution operating costs are the number of customers in the area and simultaneous maximum demand. These results and the efficiency rankings of the companies are not sensitive to changes in error distribution assumptions and sample size. There is also significant evidence of economies of scale. There is a small but significant effect on cost efficiency from privatization, but this is as likely to be due to the changes in accounting policies at the time of privatization as any real effect.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00623.x
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  • 6
    Electronic Resource
    Electronic Resource
    THE HECKSCHER-OHLIN THEOREM WITH ENDOGENOUS LABOUR SUPPLY (1995)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 47 (1995), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This note demonstrates that the Heckscher-Ohlin Theorem, stated in terms of factor endowment ratios, is valid independent of the slope of the labour supply curve.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00614.x
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  • 7
    Electronic Resource
    Electronic Resource
    STATISTICAL INFERENCE AND DECOMPOSABLE POVERTY MEASURES (1995)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 47 (1995), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The paper develops simple statistical test procedures for generalized decomposable poverty measures. It is shown that the estimates of the decomposable poverty indices, including the overall and various subgroup poverty indices, have (asymptotic) jointly normal distributions. The full variance-covariance structure is derived and can be estimated consistently without prior specification of the population density underlying the sample data. The (overall/decomposed) poverty indices can thus be used as tools for statistical inference instead of simply as descriptive statistics. We illustrate the test procedure by examining the contributions of whites and non-whites to total US poverty in 1975 and 1985.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00619.x
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  • 8
    Electronic Resource
    Electronic Resource
    BILATERALISM IN THE INTERWAR WORLD ECONOMY (1995)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 47 (1995), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Discriminatory protectionist policies in the 1930s are assumed to have led to a collapse of multilateral trading patterns. This paper examines the trends in bilateralism during the interwar period for a sample of ten countries. The findings show that, with the exception of Germany between 1934 and 1938, the level of bilateralism fluctuated but did not see a significant trend increase in the period of increased protectionism during the 1930s.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00610.x
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  • 9
    Electronic Resource
    Electronic Resource
    STRATEGIC TRADE POLICY WITH INTERNATIONALLY OWNED FIRMS (1995)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 47 (1995), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The consequences of international firm ownership for strategic trade policy are examined both in a general and in a simple linear model of an international duopoly with two governments using production subsidies as policy instruments. At first sight, the case for strategic trade policy seems to be weakened, because international ownership reduces a government's incentive for rent-shifting. Closer inspection shows, however, that there are ownership structures leading to optimal policies which induce the duopolists to behave more collusively. This tends to resolve the conflict between national and international rationality in a policy game with retaliation and makes strategic trade policy look more attractive.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00611.x
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  • 10
    Electronic Resource
    Electronic Resource
    THE STRUCTURE OF THE EARNINGS DISTRIBUTION: HOW ARE HOUSEHOLDS AND INDIVIDUALS RELATED? (1995)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 47 (1995), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper investigates the links between individual and household distributions of earnings. Using a sample of 1991 data from the UK, considerable complexity is uncovered in the structure of the household earnings distribution. This is due to heterogeneity of earners and positive ‘clustering’ of earners within households. The structure of the clustering behaviour of earners for different household types is estimated, and the contribution of clustering to overall earnings inequality is evaluated. Perhaps surprisingly in view of the observed clustering behaviour, it is found that clustering has reduced overall inequality, although the mean-adjusted distribution of individual earnings is insignificantly different from the distribution of household earnings.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00606.x
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