Download or read book Socially Optimal Spatial Pricing written by S.P. Anderson and published by . This book was released on 1987 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Social Optimal Pricing in a Spatial Market written by Song-ken Hsu and published by . This book was released on 1983 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price and Quality in Spatial Competition written by Kurt Richard Brekke and published by . This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monopolistic Pricing Policies in a Spatial Market written by Song-Ken Hsu and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Uniform Pricing as an optimal spatial pricing policy written by George Norman and published by . This book was released on 1978 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Pricing in Socially optimal Markets for Differentiated Goods written by Gaurav Somenath Ghosh and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In my first essay I report results from an analysis where representative methods of estimation from the Classical and Bayesian approaches to statistical inference are empirically compared. The chosen Classical methods are based on Least Squares and Maximum Likelihood and the chosen Bayesian method is the Hierarchical model. Each method is applied to a spatial hedonic property value model. The resulting estimates are then compared using nonparametric tests. The comparisons are then used to make inferences on the relative accuracy, precision and quality of the different methods of estimation. The Hierarchical Bayesian and Classical Maximum Likelihood methods are found to supply the best estimators of the spatial regression model and predictors of house price. Significant differences are also found in the relative accuracy and precision of the methods. I infer that the Hierarchical Bayesian and Classical Maximum Likelihood methods are best suited to prediction and estimation of spatial hedonic property value models. In my second essay I compare two tradable permit markets in their ability to meet a stated environmental target at least cost when some polluters have stochastic and non-measurable emissions. The environmental target is of the safety-first type, which requires probabilistic control of emissions. One market is built around the trading ratio, which defines the substitution rate between stochastic and deterministic pollution, and is modeled on existing markets for water quality trading. The other market is built around a new definition of the traded commodity as a multi-attribute good, where the attributes supply information to the market on the environmental risks associated with stochastic pollution. The latter market is found to out-perform the trading ratio market in its ability to satisfy the safety-first environmental target at least cost. This result comes about because polluters are able to directly price risk in the latter market. In the former market risk is not a factor in the trading decision and can only be controlled under highly restrictive conditions. In my third essay I report results from an economic experiment where the two markets developed in the previous essay are compared in a testbed that captures important features of existing markets for water quality trading. In the interests of tractability these features were abstracted from in the previous theoretical analysis. One feature is that of oligopsony and the second feature is that of a discrete trading environment where polluters generate credits by implementing one of a small set of emission-reducing technologies. The experimental results indicate that the market with multi-attribute goods generates a superior environmental outcome to the trading ratio market. Furthermore, the average cost of pollution control is lower in the former market. Market power is independent of the type of market institution, but I do find that large buyers have more market power than small buyers. Finally, I find that sellers of credits learn to resist market power as they gain experience, but at the cost of market efficiency since their resistance causes a fall in the number of trades. Overall, the results support the thesis of the second essay, that the market with multi-attribute goods generates better environmental outcomes than the trading ratio market.

Download or read book A Comment on Mixed Oligopoly Spatial Model written by Jie Shuai and published by . This book was released on 2017 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: We allow a general (non-uniform) consumer distribution in a mixed duopoly Hotelling model. We characterize respective conditions under which socially optimal pricing location are achieved. We find that, while the condition for socially optimal pricing is fairly general, that for a socially optimal location is much more restrictive. Consequently, using a public firm to regulate a market may continue to yield a socially optimal price but not the socially optimal location. This implies that privatization of the public firm may be desirable.

Download or read book A Handbook of Transport Economics written by André de Palma and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 929 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.

Download or read book Product Variety and Welfare Under Discriminatory and Mill Pricing Policies written by George Norman and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Price Discrimination written by Louis Phlips and published by Cambridge University Press. This book was released on 1983-06-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and unified explanation of how prices are determined in practice, written in a non-technical way.

Download or read book The Economics of Industrial Location written by Philip McCann and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The motivation for this book comes from the apparent inability of existing orthodox location theory to throw light on a series of location-production problems which are typically faced by modem manufacturing and distribution ftrms. These problems are related to the treatment of time by ftrms, who normally view time costs in terms of inventory costs. From this perspective, traditional industrial location and linkage analysis can be re-cast in a form in which space time problems can be dealt with in a unifted manner. The role played by input factor prices and market prices in location behaviour becomes dependent on the relationship between the frequency of shipment and the distance of shipment. This approach provides new insights into the relationship between the optimal location of the ftrm and the value-added by the ftrm, under conditions of either ftxed or varying local factor prices. The approach can then also be extended to discuss the of the spatial changes involved in the new Just-In-Time (JIT) production question philosophy. I would like to acknowledge the many helpful discussions I have had with Bernard Fingleton, Masahisa Fujita, Geoff Hewings, John McCombie, Ron Miller, John Parr, Tony E. Smith, and my colleagues at the University of Reading. Table of Contents Preface vn Introduction 1 1 Comparing Western and Japanese Industrial Purchasing Linkages 5 1. 1 Western Purchasing Linkages 5 Japanese Purchasing Linkages 7 1. 2 1.

Download or read book Handbook of Regional and Urban Economics written by P. Nijkamp and published by Elsevier. This book was released on 1986 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second volume of the Handbook presents professional surveys of all the important topics in urban economics. The first section contains 6 surveys on locational analysis, the second, 5 surveys of specific urban markets, and the third part presents 5 surveys of government policy issues. The book brings together exhaustive research by distinguished scholars from many countries. It is the only complete survey volume of urban economics and should serve as a reference volume to scholars and graduate students for many years. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes--

Download or read book Location Science written by Gilbert Laporte and published by Springer. This book was released on 2015-02-25 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and clearly structured book presents essential information on modern Location Science. The book is divided into three parts: basic concepts, advanced concepts and applications. Written by the most respected specialists in the field and thoroughly reviewed by the editors, it first lays out the fundamental problems in Location Science and provides the reader with basic background information on location theory. Part II covers advanced models and concepts, broadening and expanding on the content presented in Part I. It provides the reader with important tools to help them understand and solve real-world location problems. Part III is dedicated to linking Location Science with other areas like GIS, telecommunications, healthcare, rapid transit networks, districting problems and disaster events, presenting a wide range of applications. This part enables the reader to understand the role of facility location in such areas, as well as to learn how to handle realistic location problems. The book is intended for researchers working on theory and applications involving location problems and models. It is also suitable as a textbook for graduate courses on facility location.

Download or read book Spatial Interaction Models written by Lina Mallozzi and published by Springer. This book was released on 2017-04-04 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facility location theory develops the idea of locating one or more facilities by optimizing suitable criteria such as minimizing transportation cost, or capturing the largest market share. The contributions in this book focus an approach to facility location theory through game theoretical tools highlighting situations where a location decision is faced by several decision makers and leading to a game theoretical framework in non-cooperative and cooperative methods. Models and methods regarding the facility location via game theory are explored and applications are illustrated through economics, engineering, and physics. Mathematicians, engineers, economists and computer scientists working in theory, applications and computational aspects of facility location problems using game theory will find this book useful.

Download or read book Economic Geography and Public Policy written by Richard Baldwin and published by Princeton University Press. This book was released on 2011-10-16 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well. However, these efforts--collectively known as the "new economic geography"--have devoted little attention to the policy implications of the new theory. Economic Geography and Public Policy fills the gap by illustrating many new policy insights economic geography models can offer to the realm of theoretical policy analysis. Focusing primarily on trade policy, tax policy, and regional policy, Richard Baldwin and coauthors show how these models can be used to make sense of real-world situations. The book not only provides much fresh analysis but also synthesizes insights from the existing literature. The authors begin by presenting and analyzing the widest range of new economic geography models to date. From there they proceed to examine previously unaddressed welfare and policy issues including, in separate sections, trade policy (unilateral, reciprocal, and preferential), tax policy (agglomeration with taxes and public goods, tax competition and agglomeration), and regional policy (infrastructure policies and the political economy of regional subsidies). A well-organized, engaging narrative that progresses smoothly from fundamentals to more complex material, Economic Geography and Public Policy is essential reading for graduate students, researchers, and policymakers seeking new approaches to spatial policy issues.

Download or read book Recent Advances in Spatial Equilibrium Modelling written by Jeroen C.J.M.van den Bergh and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prices and quantities of both stock and flow variables in an economic system are decisively influenced by their spatial coordinates. Any equilibrium state also mirrors the underlying spatial structure and a tatonnement process also incorporates the spatial ramifications of consumer and producer behaviour. The recognition ofthe spatial element in the formation of a general equilibrium in a complex space-economy already dates back to early work of LOsch, Isard and Samuelson, but it reached a stage of maturity thanks to the new inroads made by T. Takayama. This book is devoted to spatial economic equilibrium (SPE) analysis and is meant to pay homage to the founding father of modern spatial economic thinking, Professor Takayama. This book witnesses his great talents in clear and rigorous economic thinking regarding an area where for decades many economists have been groping in the dark. Everybody who wants to study the phenomenon of spatial economic equilibrium will necessarily come across Takayama's work, but this necessity is at the same time a great pleasure. Studying his work means a personal scientific enrichment in a field which is still not completely explored. The present volume brings together recent contributions to spatial equilibrium analysis, written by friends and colleagues of Takayama. The structure of the book is based on four main uses of spatial equilibrium models: (i) the imbedding of spatial flows in the economic environment, related to e.g.

Download or read book Temporal and Spatial Price Equilibrium Models and Optimal Control Models written by Takashi Takayama and published by . This book was released on 1977 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: