Collusion in experimental Bertrand duopolies with convex costs: The role of cost asymmetry

2012 ◽  
Vol 30 (6) ◽  
pp. 508-517 ◽  
Author(s):  
Cédric Argenton ◽  
Wieland Müller
Keyword(s):  
2014 ◽  
Vol 18 (4) ◽  
pp. 726-736 ◽  
Author(s):  
MATHIEU DECLERCK ◽  
ANDREA M. PHILIPP

The present study examined the influence of phonology on language switching. Unlike previous studies that investigated this influence by comparing words that are phonologically similar vs. dissimilar in two languages, the current language switching study focused on the role of phonological characteristics across words. Specifically, words with the first two phonemes being identical to those of the word in the previous trial were contrasted against words without such phonological overlap. The results revealed that the switch cost asymmetry was influenced by phonological overlap. Further investigation revealed that this influence was mainly due to persisting after-effects of phonological overlap, which caused a reversal of the asymmetrical switch cost pattern in the following trial. These results clearly indicate that manipulations on the level of phonology can have an effect on language switching. Therefore, we propose that, in contrast with the claims of most models, phonological characteristics of words play an important role in language control.


2017 ◽  
Vol 17 (2) ◽  
Author(s):  
Bao Tan Huynh

AbstractA New Keynesian framework with endogenous energy production is proposed to investigate the role of monetary policy in addressing disturbances in energy markets. The novelty of the model lies in the endogenous production of energy with convex costs, explicit modeling of goods with different degrees of energy-dependency and sectoral price rigidities. Our analyses prescribe the desirable monetary responses to four types of energy price shocks, highlighting the distinct characteristics of each shock and affirming the need for diverse policy considerations. We also found several points of divergence in relation to previous studies on addressing energy supply shocks. In addition, we shed light on the role of sectoral price rigidities in the shocks’ propagation.


1999 ◽  
Vol 8 (4) ◽  
pp. 363-374 ◽  
Author(s):  
Sankar Mukhopadhyay ◽  
Tarun Kabiraj ◽  
Arijit Mukherjee

JAMA ◽  
1966 ◽  
Vol 195 (12) ◽  
pp. 1005-1009 ◽  
Author(s):  
D. J. Fernbach
Keyword(s):  

JAMA ◽  
1966 ◽  
Vol 195 (3) ◽  
pp. 167-172 ◽  
Author(s):  
T. E. Van Metre

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