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Market equilibrium of the agricultural product target price insurance and its moral hazard premium
target price agricultural insurance moral hazard premium perspective of institutional economics
2016/6/3
In the study, an expected revenue model was built for the farmers and insurance institutes in China, with the aim of researching the realization conditions of the target price insurance market equilib...
Impact of price realization on India’s tea export: Evidence from Quantile Autoregressive Distributed Lag Model
export price realization, Quantile Autoregressive Distributed Lag model India
2015/10/9
Th e quantile autoregressive distributed lag model of Galvao et al. (2013) was employed to assess the impact of
price realization on India’s tea export. Th e results of the QADL varied signifi...
Does Price Reveal Poor-Quality Drugs? Evidence from 17 countries
17 countries Poor-Quality Drugs
2015/9/21
Focusing on 8 drug types on the WHO-approved medicine list, we constructed an original
dataset of 899 drug samples from 17 low- and median-income countries and tested them for
visual appearance, d...
Price, Quality and Reputation: Evidence from An Online Field Experiment
Field Experiment Evidence from
2015/9/21
Correspondence: Department of Economics, University of Maryland, College Park, MD 20742; phone
(301) 405-3484; email jin@econ.umd.edu. We benefit from comments of Austan Goolsbee, Raphael
Thom...
Competitive Bidding Behavior in Uniform-Price Auction Markets
Uniform-Price Auction Markets Bidding Behavior
2015/9/18
Profit-maximizing bidding in uniform price auction
markets involves bidding above marginal cost. It therefore
is not surprising that such behavior is observed in
electricity markets. This incent...
Externalities Associated with Nominal Price and Wage Rigidities
Nominal Price Wage Rigidities
2015/8/4
Externalities Associated with Nominal Price and Wage Rigidities.
Price Stabilization in the 1990s: A Summary.
Designing Minimum-Risk Nonlinear Price Schedules for Water Utilities
Water Utilities Nonlinear Price Schedules
2015/7/31
This paper formulates and estimates a household-level demand for water under increasing
block prices that accounts for the impact of monthly weather variation and customer-level
heterogeneity in d...
This paper examines the empirical validity of a model of homogeneous input
demand under price uncertainty in which firms trade off expected input cost
against its variability (risk) in selecting t...
The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market
Market Rules Market Structure
2015/7/31
This paper argues that the market rules governing the operation of the England and Wales
electricity market in combination with the structure of this market presents the two major
generators—Nationa...
Price-Cap Regulation and Its Use in Newly Privatized Industries
Price-Cap Regulation Newly Privatized Industries
2015/7/31
The goal of re-structuring electricity and natural gas industries is to introduce competition
wherever it is technologically feasible to provide firms supplying these products with strong incentives
...
Options for Short-Term Price Determination in the Brazilian Wholesale Electricity Market: Report Prepared for Camara de Comercialização de Energia Elétrica (CCEE)
Price Determination Brazilian Wholesale Electricity
2015/7/31
This report was commissioned by the Camara de Comercialização de Energia Elétrica
(CCEE), the market operator for the Brazilian electricity supply industry, to study the options for
shor...
An Essay on Price Discrimination.
Price and Advertising Signals of Product Quality
Price Advertising Signals Product Quality
2015/7/21
Price and Advertising Signals of Product Quality.
We develop a model in which firms set impersonal salary levels before matching
with workers. Wages fall relative to any competitive equilibrium while profits rise
almost as much, implyin...