Browsing by Author/Contributor "Mandy, David M."
Now showing items 1-8 of 8
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Access Price and Vertical Control Policies for a Vertically Integrated Upstream Monopolist when Sabotage is Costly
Mandy, David M.; Chikhladze, George, 1978- (Department of Economics, 2009)Input price and novel vertical control regulations are derived for a vertically integrated upstream monopolist when the monopolist can engage in non-price discrimination against a downstream rival. The paper extends the ... -
Exact FGLS Asymptotics for MA Errors
Mandy, David M.; Fridli, Sandor (Department of Economics, 2004)We show under very parsimonious assumptions that FGLS and GLS are asymptotically equivalent when errors follow an invertible MA(1) process. Although the linear regression model with MA errors has been studied for many ... -
Incentives for Sabotage in Vertically Related Industries
Mandy, David M.; Sappington, David E. M. (Department of Economics, 2004)We show that the incentives a vertically integrated supplier may have to disadvantage or "sabotage" the activities of downstream rivals vary with both the type of sabotage and the nature of downstream competition. ... -
Population Movements in the Presence of Agglomeration and Congestion Effects: Local Policy and the Social Optimum
Mandy, David M.; Mueser, Peter R., 1952-; Parsons, Eric (Department of Economics, 2009)We investigate the efficiency properties of population mobility when localities compete in an environment with local amenities and local externalities. Our model is dynamic, incorporating land and labor markets in a context ... -
TELRIC Pricing with Vintage Capital
Mandy, David M. (Department of Economics, 2001)This paper studies the effect of technical progress on competitive equilibrium prices in a formal dynamic setting that includes the dynamic effects of business income taxes. The model is designed to facilitate comparison ... -
Vertical integration and sabotage : evidence and regulation
Chikhladze, George, 1978- (University of Missouri--Columbia, 2009)Many network industries have an upstream monopolist that sells an essential input to downstream firms. When price of access is regulated the integrated monopolist may have incentives to degrade the quality of access if it ... -
When Do Input Prices Matter For Make-Or-Buy Decisions?
Mandy, David M. (Department of Economics, 2007)We investigate input pricing regimes that induce efficient make-or-buy decisions by entrants when there is constant returns in the production of the input(s) and simultaneous noncooperative price competition in downstream ... -
Why Humans Do What They Do: Interdisciplinary Research on Realistic Decision Making
O'Brien, Michael J. (Michael John), 1950-; Melnyk, Andrew, 1962-; Bettencourt, Ann; Mandy, David M. (2010)MU has enormous potential to be the site of path-breaking interdisciplinary research on the topic of realistic decision making. Not only is this research a basic component of human life science, it also has clear application ...