Larry S . Karp * and Jeffrey M . Perloff Vertical Contracts and Mandatory Universal Distribution

(Appendix to: When Promoters Like Scalpers) Global strategic complementarity in a global games setting

Estimating the Size Distribution of Firms Using Government Summary Statistics

Using a maximum entropy technique, we estimate the market shares of each firm in an industry using the available government summary statistics such as the four-firm concentration ratio (C4) and the Herfindahl-Hirschmann Index (HHI). We show that our technique is very effective in estimating the distribution of market shares in 20 industries. Our results provide support for the recent practice o...

When Promoters Like Scalpers

If a monopoly supplies a perishable good, such as tickets to a performance, and is unable to price discriminate within a period, the monopoly may benefit from the potential entry of resellers. If the monopoly attempts to intertemporally price discriminate, the equilibrium in the game among buyers is indeterminate when the resellers are not allowed to enter, and the monopoly’s problem is not wel...

Multivariate Jeffrey Fluid Flow past a Vertical Plate through Porous Medium

An analysis is suggested to study the impact of Hall currents in Jeffrey fluid which is chemically reactive through a porous medium limited by a semi-infinite vertical permeable plate within the existence of heat generation. An evenly distributed magnetic field turns vertically on the porous surface which absorbs the Jeffrey fluid with a changed suction velocity with time. The analytical expres...

Ximing Wu*, Jeffrey M. Perloff,** and Amos Golan***

A variety of parametric and semiparametric models produce qualitatively similar estimates of government policies’ effects on income distribution and welfare (as measured by the Gini, standard deviation of logarithms, relative mean deviation, coefficient of variation, and various Atkinson indexes). Taxes and the Earned Income Tax Credit are an effective way to redistribute income to the poor and...