Strategic Choice of Flexible Production Technologies and Welfare Implications
نویسندگان
چکیده
منابع مشابه
A Note on \Strategic Choice of Flexible Production Technologies and Welfare Implications"1
This note corrects certain errors in welfare calculations and graphs of a paper by Roller and Tombak (JIE, 1990). The corrections necessitate a re-interpretation of some of their results. Contrary to authors' assertion (Proposition 1), consumer surplus is not always the highest in (FMS, FMS) state. Producing in both markets imposes a negative externality that grows as products become more subst...
متن کاملStrategic choice of flexible manufacturing technologies
The question addressed is how the strategic choice of flexible manufacturing technologies intensifies and interacts with competition among firms. We focus on the manufacturing flexibility that allows a firm to produce its outputs at shorter expected delivery time. We find that increasing the number of firms will decrease firms’ incentive to acquire more flexible manufacturing technologies. r 20...
متن کاملStrategic choice of flexible production technology using game theory approach
This paper examines the conditions under which a firm would choose a flexible production technology or a dedicated technology in a duopoly environment. We model this technology choice by having two firms simultaneously select from two production technologies in the first stage and subsequently take in a Cournot production quantity subgame. Conditions under which technology equilibriums exist ar...
متن کاملStrategic and welfare implications of bundling
A standard oligopoly model of bundling shows that bundling by a firm with a monopoly over one product has a strategic effect because it changes the substitution relationships between the goods among which consumers choose. Bundling in appropriate proportions is privately profitable, reduces rivals’ profits and overall welfare, and may drive rivals from the market. 1999 Elsevier Science S.A. A...
متن کاملSocial Choice and Welfare
ed/Indexed in: ABS Academic Journal Quality Guide, CSA Political Science & Government, CSA Sociological Abstracts, Current
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of Industrial Economics
سال: 1990
ISSN: 0022-1821
DOI: 10.2307/2098348