摘要:

ABSTRACT.We reexamine the price structures and their welfare implications in three pricing regimes (mill, uniform and discriminatory) for a monopoly. We show that spatial price discrimination could provide the highest social welfare and, when consumers tastes are heterogeneous enough, also the highest consumer surplus. The superiority of spatial price discrimination is partially due to the larger output produced and partially due to differential treatment for consumers with heterogeneous tastes.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00206.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

ABSTRACT.Löschian duopoly under heterogeneous cost conditions is examined to show that it is not equivalent,contrapast findings, to spatial collusion. Moreover, within the confines of the assumed demand and cost conditions spatial collusion is shown to be superior to Loschian competition in terms of both (aggregate) consumer surplus and producer surplus, which implies a possible welfare gain from collusion. A general, if notthegeneral, prices‐and‐welfare comparison of alternative pricing schema including collusive, Löschian, and optimal pricing is summarily presented in a

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00207.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

ABSTRACT.It has been contended that basing‐point pricing (BPP) is not indicative of anticompetitive behavior because a cartel would never attain maximum profits by using BPP. We disprove this contention. BPP is the profit‐maximizing pricing strategy for a cartel that faces competition only at selected locations. In addition, our model explains the emergence of multiple basing points, and establishes that BPP must be consistent with a market‐division s

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00208.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

ABSTRACT.Determinants of the number of retail firms serving a rural area have been investigated by drawing on demand threshold analysis to analyze cross‐sectional data. The relevance of such studies to an individual community may be limited if it is characterized by differential levels or unique types of economic activity. Alternatively, conducting the analysis using time‐series data on an individual community may lead to problems associated with non‐normal and nonstationary data. These problems are addressed by formulating a state‐space model of time‐series count data. The discrete, nonnegative nature of count data is accommodated by using a conjugate prior for the Poisson location parameter. A guide function is used to link the prior to the state vector and Bayes rules are used for

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00209.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

ABSTRACT.In this paper we consider the nature of possible equilibria in a regional economic system characterised by an absence of net migration flows but the presence of gross flows. We argue that the presence of gross flows in a stationary equilibrium is most easily generated through the introduction of stochastic elements into the decision maker's migration calculus. We observe that within such a stochastic setting there is, in stationary equilibrium, an implied inverse relationship between the probability of migration for the representative decision maker and the size of the regional population stock. We show that this relationship has some surprising implications in a world where decision makers have static expectations, but that its implications are quite natural in a world where decision makers form their expectations rationally. We then interpret the model of Schachter andathaus (1989) in terms of a rational expectations equilibrium, and demonstrate how their tests are incapable of discriminating between equilibrium and disequilibrium models of migration behavior. We propose a set of alternative tests which explicitly recognize the stuck‐flow interactions between net migration and the distribution of regional population stocks and which make a clean distinction between equilibrium in the temporal and in the market‐clearing se

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00210.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

ABSTRACT.The assumption of interregional equilibrium in migration research has recently been attacked. At issue is the motivation for on‐going migration if rents and wags accurately compensate for spatial amenity variations; but if rents and wages fail to accurately compensate potential migrants, then amenity valuations must be flawed. We here show that arguments supporting substantial disequilibrium in the US. economy are unconvincing. The substantive issues are then clarified by a model which allows for both equilibrium and disequilibrium migration. We conclude that intertemporally systematic migration stems predominantly from equilibrium force

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00211.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00212.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00213.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

摘要:

Book Reviewed in this article:The Economics of Oligopolistic Competition: Price and Nonprice Rivalry, Collected Papers of Robert E. Kuenne, by Robert E. Kuenne.Urban Transportation Economics, by Kenneth A. Small.Infrastructure and the Space‐Economy: Essays in Honor of Rolf Funck, edited by Karin Peschel.Spatial Statistics: Past, Present, and Future, edited by Daniel A. Griffith.Wage Flexibility and Unemployment Dynamics in Regional Labor Markets, by Thomas Hyclak and Geraint Johnes. Review by Lori G. KletzerPut Up or Give Way: States, Economic Competitiveness, and Poverty, by John Sidor.The Production of Space, by Henri Lefebvre.River Towns in the Great West: The Structure of Provincial Urbanization in the American Midwest, 182CL1870, by Timothy R. Mahoney.China's Coastal Cities: Catalysts for Modernization, edited by Yue‐manYeung andXu‐wei Hu.Technology and Economic Development: The Dynamics of Local, Regional, and National Change, by Edward J. Malecki.The Rise of the Gunbelt: The Military Remapping of Industrial America, by Ann Markusen, Peter Hall, Scott Campbell, and

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00214.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1993.tb00215.x

出版商:Blackwell Publishing Ltd    

年代:1993

数据来源: WILEY