{"title":"PRICE VS QUANTITY IN A DUOPOLY WITH TECHNOLOGICAL SPILLOVERS: A WELFARE RE-APPRAISAL","authors":"L. Lambertini, A. Mantovani","doi":"10.6092/UNIBO/AMSACTA/685","DOIUrl":"https://doi.org/10.6092/UNIBO/AMSACTA/685","url":null,"abstract":"We analyse the problem of the choice of the market variable in a model where firms activate RD and (ii) there exists a set of the relevant parameters where a benevolent social planner prefers quantity setting to price setting. This happens when the marginal cost of R&D activities is relatively low while technological externalities are relatively high. In this situation, the conflict between social and private preferences over the type of market behaviour disappears.","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"38 1","pages":"41-52"},"PeriodicalIF":0.0,"publicationDate":"2000-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71269618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Monopoly, Quality, and Network Externalities","authors":"L. Lambertini, Raimondello Orsini","doi":"10.6092/UNIBO/AMSACTA/4975","DOIUrl":"https://doi.org/10.6092/UNIBO/AMSACTA/4975","url":null,"abstract":"We describe the behaviour of a monopolist supplying a vertically di¤erentiated good with network externalities. Assuming a fixed cost of quality improvements we show that the presence of network externalities enhances the incentive to expand output associated with scale economies. Although the quality distortion operated by the monopolist increases with network externalities, the outputexpansion effect is dominant, so that the welfare loss due to monopoly power shrinks as the role of network externalities in determining consumers’ satisfaction becomes more relevant.","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"40 1","pages":"1-16"},"PeriodicalIF":0.0,"publicationDate":"1998-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71269274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE INTERNATIONAL COORDINATION OF MONETARY POLICY: A GAME-THEORETIC REFORMULATION","authors":"L. Lambertini","doi":"10.6092/UNIBO/AMSACTA/5060","DOIUrl":"https://doi.org/10.6092/UNIBO/AMSACTA/5060","url":null,"abstract":"This paper reformulates the issue of the international coordination of monetary policy in the framework of an extended game with observable delay, where governments are required to set the timing of their respective actions before proceeding to the actual choice of their monetary policies. This allows to shrink signi…cantly the set of equilibria.","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"36 1","pages":"39-49"},"PeriodicalIF":0.0,"publicationDate":"1996-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71269970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Intraindustry trade under vertical product differentiation","authors":"L. Lambertini","doi":"10.6092/UNIBO/AMSACTA/5080","DOIUrl":"https://doi.org/10.6092/UNIBO/AMSACTA/5080","url":null,"abstract":"The paper focuses on trade between two countries where a vertically differentiated commodityis produced by a single firm in each country, operating initially in autarkic conditions. It is assumed that the two countries have overlapping income distributions, giving thus rise, under certain conditions, to two-way trade, i.e., a proper intraindustry trade. It emerges that while consumers always benefit from trade, especially if two-way trade arises, firms may have conflicting preferences on the choice between (i) autarky and trade, as well as (ii) one-way trade and two-way trade.","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"34 1","pages":"51-69"},"PeriodicalIF":0.0,"publicationDate":"1995-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71269823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Foreign investment and migration: analytics and extensions of the basic model.","authors":"R W Jones, S T Easton","doi":"","DOIUrl":"","url":null,"abstract":"<p><p>\"This paper provides a unified approach to the basic model of international factor mobility. The use of new graphical techniques complements the algebraic exposition to underscore the persistence of the Ramaswami effect which pushes an active, home country toward a near 'buy-out' of the foreign country's internationally mobile factors of production. By generalizing the Ramaswami function, which identifies the gains associated with moving to near buy-out, we are able to explore the forces at work that mitigate such a strategy and lead to situations in which only a partial buy-out, or even no acquisition of foreign factors is optimal. These features are developed in a context in which (i) technologies differ between countries or (ii) there exists a third, immobile factor of production.\"</p>","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"27 1","pages":"1-20"},"PeriodicalIF":0.0,"publicationDate":"1990-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22026473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Is Japan following Europe towards a society of singles? Possible impacts of the rapid increase in life expectancy on Japanese social structure--as seen by a European historical-demographer.","authors":"A E Imhof","doi":"","DOIUrl":"","url":null,"abstract":"","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"23 1","pages":"21-47"},"PeriodicalIF":0.0,"publicationDate":"1986-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22006804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Class differences in marriage and fertility among Tokugawa villagers in Mino province.","authors":"A Hayami","doi":"","DOIUrl":"","url":null,"abstract":"<p><p>\"This paper uses family reconstitution to derive indices of marriage and birth rates from observation of class differences in six villages on the Nobi plain (near Nagoya), [Japan].\" The study covers the Tokugawa period, which lasted from 1603 to 1868.</p>","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"17 1","pages":"1-16"},"PeriodicalIF":0.0,"publicationDate":"1980-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22010821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Class differences in marriage and fertility among Tokugawa villagers in Mino province.","authors":"A. Hayami","doi":"10.1163/EJ.9781906876098.I-382.84","DOIUrl":"https://doi.org/10.1163/EJ.9781906876098.I-382.84","url":null,"abstract":"\"This paper uses family reconstitution to derive indices of marriage and birth rates from observation of class differences in six villages on the Nobi plain (near Nagoya), [Japan].\" The study covers the Tokugawa period, which lasted from 1603 to 1868.","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"17 1 1","pages":"1-16"},"PeriodicalIF":0.0,"publicationDate":"1980-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64585328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Thank you Francisco Xavier: an essay in the use of micro-data for historical demography of Tokugawa Japan.","authors":"A Hayami","doi":"","DOIUrl":"","url":null,"abstract":"","PeriodicalId":85052,"journal":{"name":"Keio economic studies","volume":"16 1-2","pages":"65-81"},"PeriodicalIF":0.0,"publicationDate":"1979-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22034035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}