Analysis on Third-Degree Price Discrimination in Oligopoly Market Based on Static Game Theory

2014 ◽  
Vol 912-914 ◽  
pp. 1865-1873
Author(s):  
Xing You Gao
Keyword(s):  
Price Discrimination ◽  
Weighted Average ◽  
Complete Information ◽  
Equilibrium Price ◽  
Total Revenue ◽  
Static Game ◽  
Demand Functions ◽  
Equilibrium Prices ◽  
Linear Demand ◽  
The Relationship

Equilibrium production, equilibrium price and equilibrium total revenue in the case of implementing third-degree price discrimination and unified pricing were analyzed under the condition of two oligopoly firms with 2 sub markets by complete information static game method, and the relationship between the three indexes of the two cases were studied. The results showed that, under the condition of linear demand functions of the two sub markets, the equilibrium output of unified pricing was equal to the equilibrium output of discriminative pricing; the equilibrium price of unified pricing was weighted average of the equilibrium prices of two sub markets while discriminative pricing; the equilibrium total revenue of unified pricing was less than the equilibrium total revenue of discriminative pricing.

Notes on Aggregation Criteria in Market Segmentation

1984 ◽  
Vol 21 (3) ◽  
pp. 332-335
Author(s):  
William Blozan ◽  
Paul Prabhaker
Keyword(s):  
Market Segmentation ◽  
Price Discrimination ◽  
Extreme Conditions ◽  
Clustering Techniques ◽  
Demand Functions ◽  
Marginal Costs ◽  
Linear Demand ◽  
Profit Maximizing ◽  
Theoretical Evidence

First, the authors seek to dispel any misunderstanding that standard price discrimination theory prescribes a profit-maximizing aggregation criterion. They argue that Tollefson and Lessig misinterpreted this theory, but prove that the latter authors’ unwarranted implication is justified in the case of linear demand functions and constant marginal costs. Second, the authors argue that the “theoretical evidence” presented by Tollefson and Lessig against using elasticities to cluster segments is, in fact, no evidence at all, and that their simulations may be valid only under extreme conditions. Finally, a new theorem is offered which provides some support for using clustering techniques to disaggregate markets.

The Second-Degree Price Discrimination of m Firms with n Demand Intervals Pricing Based on Cournot Model

2014 ◽  
Vol 971-973 ◽  
pp. 2432-2441
Author(s):  
Xing You Gao
Keyword(s):  
Price Discrimination ◽  
Demand Function ◽  
Complete Information ◽  
Necessary Condition ◽  
Distribution Law ◽  
General Sense ◽  
Common Ratio ◽  
Linear Demand ◽  
N Demand ◽  
Second Degree

Under the condition of linear demand function, the distribution law of equilibrium segment points of firms enforcing second-degree price discrimination to maximize respective revenues is analyzed in the case of m firms with n intervals pricing by using complete information static game theory. This is a promotion for two firms pricing with n segment intervals and m firms pricing with two segment intervals. The results show that: when m firms divide demand to enforce second-degree price discrimination, the necessary condition of revenue maximization is to divide demand into some intervals and let the length of each interval become geometric series, whose common ratio is 1 / m. The unified formula of equilibrium production, equilibrium price and market equilibrium total revenue of all four kinds of markets under the condition of second-degree price discrimination are presented in the most general sense, further more, the nature of which are analyzed in detail.

Constructing a summary index using the standardized inverse-covariance weighted average of indicators

2020 ◽  
Vol 20 (4) ◽  
pp. 952-964
Author(s):  
Benjamin Schwab ◽  
Sarah Janzen ◽  
Nicholas P. Magnan ◽  
William M. Thompson
Keyword(s):  
Least Squares Method ◽  
Weighted Average ◽  
Generalized Least Squares ◽  
American Statistical Association ◽  
Cash Transfer ◽  
Transfer Program ◽  
Statistical Association ◽  
Generalized Least Squares Method ◽  
Summary Index ◽  
The Relationship

Researchers often want to examine the relationship between a variable of interest and multiple related outcomes. To avoid problems of inference that arise from testing multiple hypotheses, one can create a summary index of the outcomes. Summary indices facilitate generalizing findings and can be more powerful than individual tests. In this article, we introduce a command, swindex, that implements the generalized least-squares method of index construction proposed by Anderson (2008, Journal of the American Statistical Association 103: 1481–1495). We describe the command and its options and provide an example based on Blattman, Fiala, and Martinez’s (2014, Quarterly Journal of Economics 129: 697–752) evaluation of a cash transfer program in Uganda.

scholarly journals NÍVEL DE EVIDENCIAÇÃO AMBIENTAL E DESEMPENHO ECONÔMICO DE EMPRESAS: APLICANDO A ANÁLISE ENVOLTÓRIA DE DADOS

2013 ◽  
Vol 5 (1) ◽  
pp. 198-226
Author(s):  
Ilse Maria Beuren ◽  
Sabrina Do Nascimento ◽  
Irani Rocha
Keyword(s):  
Economic Performance ◽  
Information Disclosure ◽  
Complete Information ◽  
Financial Statements ◽  
Descriptive Study ◽  
Data Envelopment ◽  
Environmental Disclosure ◽  
Environmental Information Disclosure ◽  
Survey Results ◽  
The Relationship

The study poses to investigate the relationship between the level of environmental disclosure and economic performance of open capital companies as classified by the Você S/A – As Melhores Empresas para Você Trabalhar (The Best Companies to Work) guide. A descriptive study, employing a quantitative approach, was conducted via documental analysis of financial statements of the therein featured, 21 open capital companies. Survey results evidence that: a) in the environmental disclosure categorization, 680 data entries were found, ranging from 99 deemed complete information, 126 as incomplete and 455 absent; b) in terms of environmental disclosure score levels, 55% of the companies were graded as unsatisfactory, 35% regular and 9% good; and c) the relationship between corporate environmental disclosure levels and economic performance revealed bleak correlation. Thus, once employing the Data Envelopment Analysis (DEA) methodology, the study concludes that not all companies that presented higher environmental information disclosure levels attained efficient economic performance.

scholarly journals CEO compensation and performance of state owned enterprises in South Africa

2012 ◽  
Vol 10 (1) ◽  
pp. 97-109 ◽  
Author(s):  
Sam Ngwenya ◽  
Mahlomolo Khumalo
Keyword(s):  
South Africa ◽  
Ceo Compensation ◽  
Positive Relationship ◽  
Board Members ◽  
Total Revenue ◽  
Return On Assets ◽  
Base Salary ◽  
And Performance ◽  
Using Data ◽  
The Relationship

The study investigates the relationship between CEO compensation and performance of State Owned Enterprises (SOEs) in South Africa, using data for the period 2009 to 2011. The results indicated that there exist no positive relationship between CEO compensation and SOEs performance as measured by return on assets. The results also indicated a positive relationship between CEO compensation (base salary) and the size of SOEs as measured by total revenue and number of employees. The results suggest that board members of SOEs in South Africa should hold CEOs accountable for the performance of SOEs, and should not pay huge salaries and bonuses to non performing CEOs.

The Relationship between the Network Externalities of Complementary Modularity

2011 ◽  
Vol 486 ◽  
pp. 313-316
Author(s):  
Zu Ying Huang ◽  
Xing Liu
Keyword(s):  
Network Externalities ◽  
Equilibrium Price ◽  
The Core ◽  
Network Strength ◽  
The Relationship

This paper adds to the growing literature on the vertically specialized collaboration of modularity firms by applying a model in which complement and core products collaborate with each other in a network situation. More specifically, it investigates the influence of the complement’s network strength on the equilibrium price and output of the core product. The results thus characterize the relationship between the complement’s and the core products’ network strength during collaboration.

Risk Factors Of Employment Transitions From Age 16 To 55 Years: A British Cohort Study

2020 ◽  
pp. 11-20
Author(s):  
Caixia Hu ◽  
The Nathan S
Keyword(s):  
Repeated Measures ◽  
Weighted Average ◽  
Socioeconomic Background ◽  
Data Set ◽  
Educational Levels ◽  
Employment Transitions ◽  
Kaplan Meier ◽  
British Cohort Study ◽  
The Relationship ◽  
Improve Health

Health, educational and socioeconomic status have been thought to be related to employment transitions in mid-life, but little is known about what the associations really are and how the associations change over time for British individuals. The purpose of this research is to investigate relationships between these factors and employment transitions for men and women in a British cohort. This paper uses the data set 1958 NCDS, and the method multiple imputation to impute the data, uses forward-backward stepwise regression to select variables and combine using average and weighted average to treat repeated measures. Lifetabe and Kaplan-Meier methods are used to show the distribution of duration to employment transitions. The discrete-time logit model of survival analysis is required to build the relationship between first employment, first unemployment and factors including health status, educational performance, and socioeconomic background. Our findings suggest more attention should be paid to improve health conditions, educational levels and socioeconomic background of individuals before age 16, which could shorten the time to first employment and reduce the possibility to be unemployed.

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