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Access Pricing Under Imperfect Competition

Inputs: The Case of Downstream Imperfect Competition. Journal of Public Economics , 20, pp. 113-119. VICKERS, J., (1995). Competition and Regulation in Vertically Ralated Markets. Review of Economic Studies , 62, pp. 1-17. VIVES, X., (2001). Oligopoly Pricing. Cambridge: MIT Press. WEISMAN, D. L. (2002). Did The High Court Reach An Economic Law in Verizon v. FCC?. Review of Network Economics , 1, pp. 90-105. WEISMAN, D. L., (2000). The (In) Efficiency of the

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Access Pricing Under Imperfect Competition Reconsidered

References AMIR, R.-LAMBSONV. E. (2000). On the Effects of Entry in Cournot Markets. Review of Economic Studies , 67(2), Pp. 235 - 254. DIXIT, A. (1986). Comparative Statics for Oligopoly. International economic review , 27(1), Pp. 107 - 112 . EGGERTSSON, T. (1990). Economic behavior and institutions , Cambridge: Cambridge University Press. ONEMLI, M. B. (2012). Access Pricing Under Imperfect Competition”, Review of Economic Perspectives . 12(1). Pp. 3-21. SPENCER, B

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Vertical Connections on the Construction Market

Abstract

The specificity of construction as an economic activity and of the construction product (goods and services) determine the existence of a complex vertical chain of links, involving different actors, which they perform simultaneously the function of the buyer of the product from a previous participant and vendor product to the next participant. In practice, this means that in every unit of the vertical chain construction firm as a buyer of resources and services can be monopsony or oligopsony, on the other hand as the seller of the created product may be in the role of a monopoly or oligopoly on the market. The aim of the study is the analysis the model of a bilateral monopoly on the resource and product market, the conditions of equilibrium and the behavior of the construction firm at the entrance and the exit, taking into account the specificities of different segments of the construction market.

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The Impact of Oil Refinery Market Power on Retail Fuel Prices in the European Union

Abstract

The present study investigates the degree to which imperfect competition in the oil sector affects end retail prices. Specifically, we test how positive and negative price shocks in the oil market translate to final retail prices for petrol, diesel, and heating oil prices, focusing on the asymmetry of the price changes. We assume that the higher the level of imperfect competition, the more asymmetric the price change between the initial oil and final retail products will be. In addition, we also test the degree to which uncertainty, or oil price volatility, affects the final prices for these same products. We find that our proxy for market power does affect retail price asymmetries and that increasing volatility lowers retail price asymmetries.

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Urban Housing Policy Considerations: Perspectives from the Finnish Housing Market

Abstract

It is very difficult to study phenomena in housing markets using conventional so-called neoclassical economics. The core problem stems from the highly unrealistic assumptions of neoclassical economics, such as homogeneous products, equilibrium markets, ceteris paribus clauses, deterministic and linear systems, rationality of economic agents, and the utility maximization principle. New Keynesian economics appears to be a more fruitful approach to housing markets since it presumes that products are differentiated, markets are in disequilibrium state and there exists imperfect competition in a marketplace. Furthermore, new Keynesian economics utilizes the concept of bounded rationality, which is a more realistic description of the actual behavior of economic agents than the theoretical notion of rationality in neoclassical economics.

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Structure, conduct and performance paradigm in assessing travel agency performances

demand forecasting models. Tourism – Management , 8(3), 233-246. doi:10.1016/0261-5177(87)90055-0. Robinson, J. (1933). The economics of imperfect competition . London: Maccmillan. Simon, H.A. (1955). A Behavioral Model of Rational Choice. The Quarterly Journal of Economics, 69 (1), 99. doi:10.2307/1884852. Stigler, G.J. (1972). Monopolistic Competition in Retrospect. Readings in Industrial Economics, 131-144. doi:10.1007/978-1-349-15484-5_8. Stănciulescu, G. (2006). Management of tourism operations . Bucureşti Editura A

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The Poland competitiveness and the trade connections in reference to the countries of Central and Eastern Europe and former USSR

Grubel H.G., P.J.Lloyd (1975), Intra-industry trade: the theory and measurement of international trade in differentiated products , Macmillan Press, London Helpman E. (1981), International Trade in the Presence of Product Differentiation, Economies of Scale, and Imperfect Competition: A Chamberlin-Heckscher-Ohlin Approach , ‘Journal of International Economics’, 11 Helpman E., P.R.Krugman (1985), Market structure and foreign trade , Cambridge, MIT Press. Hillman A.L. (1980), Observations

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Determinants of Intra-Industry Trade in Agricultural and Food Products Between Poland and EU Countries

-49. Grubel, H. G., Lloyd, P. J. (1975). Intra-Industry Trade: The Theory and Measurement of International Trade in Differentiated Products. London: Macmillan. Helpman, E. (1987). Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries. Journal of the Japanese and International Economies, 1, 62-81. Helpman, E., Krugman, P. R. (1985). Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International Economy. Cambridge Massachusetts: MIT Press. Łapinska, J

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Free Trade in Theory and Policy: Contemporary Challenges

. (2012). Structural changes in international trade: inter-industry shifts in comparative advantage. Studies in Business and Economics . vol. 7 issue 1/2, pp. 60-70 Burnete, S. and P. Choomta. (2015). Trade and Environment: a historical perspective, Studies in Business and Economics . vol.10, nr.2/2015, pp.17-31 Chung, W.W. and S. Katayama. (1995). Introduction to Theory and Policy of Trade with Imperfect Competition. Imperfect Competition in International Trade . Chang W.W. (ed.), Kluwer Academic Publishers Crook, C. (2006). Grinding the Poor. Economics

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The Effect of Economies of Scope on Iranian Banking Sector Structure: An Application of Multi-Product Function and Multi-Level Effect Approaches

York: Harcourt Brace Jovanovich. Berger, A., and Mester, L., 1997. Inside the black box: What explains differences in the efficiencies of financial institutions? Journal of Banking & Finance, 21 (7), 895-947. doi http://dx.doi.org/10.1016/S0378-4266(97)00010-1 Bikker, J. A., 2003. Testing for Imperfect Competition on EU Deposit and Loan Markets with Bresnahan’s Market Power Model. Research Series Supervision, 52 , 3-36. Bikker, J. A., and Haaf, K., 2002. Competition, Concentration and Their Relationship: An empirical Analysis of the Banking

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