Until recently the retail enterprise (the shop) has been comparatively neglected by economic theorists, partly because they assigned little role to retailing.
The demand for international telephone calls in Australia is comprised of three components: the operator-connected services; station-to-station and person-to-person and the direct dialling service; IS
A monopolist facing a market of heterogeneous consumers will distort the quality array.
This note analyses duopoly competition in a two stage (location-price) game, while allowing each firm to establish a couple of outlets.
A model of professional sport franchises is introduced and used to explore the locational and other determinants of profitability.
It is argued that the relationship between market structure and the speed of price adjustment involves two distinct forces with opposing directions; "the leadership effect" and the "industry profitabi
The effect of concentration on price stickiness is studied, by assuming quadratic and more general forms of adjustment costs.