Provision of credit transfer and trading mechanisms by the standards and our assumption of a competitive (or monopolistically
competitive) market allows manufacturer-specific CAFE and emissions standards to be replaced by one industry-wide constraint(5), as if there were only one big manufacturer meeting the standards.
Firms, which are owned by the households, produce differentiated goods in a monopolistically
We found that Turkish banks, which operate in more monopolistic environments, are also less efficient; however the banks were able to achieve high records of profitability in monopolistically
In doing so, the business is in effect removing itself from a purely competitive environment to a monopolistically
There are n (j = 1, ..., n) monopolistically
competitive final goods producers.
In this framework, each monopolistically
competitive firm maximizes profits subject to stochastic constraints on the frequency of price adjustments (Calvo, 1983) or subject to menu costs of changing prices (Rotemberg, 1982).
(37) In the latter world, they argue, patentees would take full advantage of the patent grant by pricing monopolistically
. (38) They would have less incentive to invest in the quality of their products or services, however, because they could not capture the benefits of such investments through branding.
We consider a monopolistically
competitive intermediate-goods sector as in Dixit and Stiglitz (1977).
The television manufacturing industry itself is barely monopolistically
In this section we extend the model to allow for monopolistically
competitive behavior in the labor market on the part of workers and show that the results from the previous analysis continue to hold.
Referring to the production of Peugeot 206 SD by Iran Khodro, he said that the sedan is produced monopolistically
in Iran and it has entered the global automaking basket.
competitive firms produce differentiated consumption goods, exercise market power, and maximize profits by pricing their differentiated products at a markup over marginal production costs.
Gokalp and Unsar also lament "the perception of an invading American-EU imperialism through the use of the AKP government and a liberal media group owned almost monopolistically
by big business that has promoted an illusionary success story" (p.
For them, there is always an unending line of frightened and suffering people waiting patiently for their inconveniently scheduled, monopolistically
priced, and outmoded services.
Each country has an agricultural sector (shorthand for a sector that is tied to each country) and a monopolistically
competitive manufacturing sector.