AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
RAND Journal of Economics articles from June 2000
An academic journal featuring articles on macroeconomics. Focuses on industrial organization, regulation, law and economics. Includes empirical and theoretical papers analyzing market behavior and public policy.
Set up an RSS feed
Create a link to this page
Copy and paste this link tag into your Web page or blog:
RAND Journal of Economics archives from June 2000
A dynamic oligopoly with collusion and price wars.
June 22, 2000... We provide a collusive framework with heterogeneity among firms, investment, entry, and exit. It is a symmetric-information model in which it is hard to sustain collusion when there is an active firm that is likely to exit in the near future....
Product innovation by a durable-good monopoly.
June 22, 2000... We consider a durable-good monopolist that periodically introduces new models, each new model representing an improvement upon its predecessor. We show that if the monopolist is able neither to exercise planned obsolescence (i.e., artificially...
The neo-Luddite's lament: excessive upgrades in the software industry.
June 22, 2000... We examine two reasons why a monopoly supplier of software may introduce more upgrades than is socially optimal when the upgrade is backward but not forward compatible, so users who upgrade reduce others' network benefits. One explanation...
Implicit contracts and the explanatory power of top executive compensation for future performance.
June 22, 2000... Recent research suggests that implicit incentive contracts may be based on performance measures that are observable only to the contracting parties. We derive and test implications of this insight for the relationship between executive...
The competitive effects of transmission capacity in a deregulated electricity industry.
June 22, 2000... In an unregulated electricity generation market, the capacity of transmission lines will determine the degree to which generators in different locations compete with one another. We show, however, that there may be no relationship between the...
Strategic alliances, shared facilities, and entry deterrence.
June 22, 2000... In this article we explore some possible anticompetitive effects of one particular type of strategic alliance--common in the airline industry, among others--that involves the sharing of production capacity. An offer to share an existing...
Layoffs and litigation.
June 22, 2000... We study a possible link between two recent U.S. labor market trends: increased wrongful termination litigation and more frequent mass layoffs. We argue that if workers are more likely to sue when fired than when dismissed as part of a layoff,...
Credibility of voluntary disclosure.
June 22, 2000... I examine the credibility of a manager's disclosure of privately observed nonverifiable information to an investor in a repeated cheap-talk game setting. In the single-period game no communication occurs. In the repeated game, however, the...
Durable-goods monopoly: laboratory market and bargaining experiments.
June 22, 2000... Results from single-period monopoly experiments (nondurable environment) are compared with results from multiperiod monopoly experiments that have features of a durable-goods environment. Average prices were below the static monopoly benchmark...