Suchergebnisse

The evolution of the price of natural gas (NG) is examined in industrial and tertiary residential sectors for European Union (EU) countries. The methodological approach is that of comparative analysis. NG price is seen to be positively correlated to prices of liquid fuels. NG price in the tertiary residential sector is significantly higher than that for the industrial sector for

ABSTRACTWe relate pricing policy of firms to their size, where firm size is interpreted as the size of the clientele served by the concerned firm. We argue that a firm with a large clientele faces a more severe reputational backlash if it 'reneges', i.e., deviates from its earlier price offer. This allows the firm to effectively commit to its offers, leading to a unique equilibrium without delay. Interestingly, this equilibrium corresponds to the equilibrium of the related model that does not allow for reneging possibilities. For smaller firms, however, the reputational effects are much less intense, and consequently the equilibria may involve deviation possibilities. In this case, the equilibria are non‐unique and may involve delays as well.

Modell zur effizienten Ausnutzung vorhandener Ausbildungskapazitäten

An analysis of OPEC's new pricing system as decided upon at Geneva in December 1986. Light is thrown, in particular, on the position taken by Algeria, Iran and Iraq and Saudi Arabia. The chances of the viability of the new system and its linkage of pricing and production levels are judged with cautious optimism. (DÜI-Asd)

Survey of distributional aspects of fertilizer princing policy paying particular attention to small and middle farmers. It is demonstrated that the poorer farmers do reasonably well in terms of access to fertilizer and irrigation. A rise in the price of fertilizers would lead to an immediate loss of income for all farmers who use fertilizer. (DÜI-Sen)