This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before the financial crisis and its drastic...
Daniel Huppmann
Berlin,
12.07.2013
| Research Seminar on Environment, Resource and Climate Economics (RSERC): Endogenous Shifts in OPEC Market Power - A Stackelberg Oligopoly with Fringe: Jointly Organized by DIW Berlin, TU Berlin, PIK and MCC Berlin
Philipp M. Richter
Berlin,
12.07.2013
| Research Seminar on Environment, Resource and Climate Economics (RSERC): Trade and the Environment: The Role of Firm Heterogeneity: Jointly Organized by DIW Berlin, TU Berlin, PIK and MCC Berlin
Dorothea Schäfer
Rhodos, Griechenland,
12.07.2013
- 25.07.2013| Different Stories about Europe: Global Politics Summer School Greece 2013. Center for Global Politics at Freie Universität Berlin
This paper makes use of Hierarchical Bayes Models to model and estimate spatial health effects. We focus on Germany, combining rich individual-level household panel data with administrative county¿level information to estimate spatial county-level health dependencies. As dependent variable, we use the generic, continuous, and quasi-objective SF12 health measure. Our findings reveal strong and...
Peter Eibich, Nicolas R. Ziebarth
Washington, DC, USA,
10.07.2013
- 12.07.2013| Widening the Horizons of Spatial Econometrics: SEA2013 - 7th World Conference of the Spatial Econometrics Association
Ferdinand Fichtner
Brüssel, Belgien,
09.07.2013
| Public Hearing on "Social Dimension of the Economic and Monetary Union - Minimum Unemployment Allowance": European Parliament, Directorate General Internal Policies of the Union, Committee on Employment and Social Affairs (EMPL)
Markus M. Grabka
Nürnberg,
09.07.2013
- 10.07.2013| Ältere am Arbeitsmarkt - Chancen, Risiken und Handlungsansätze: Konferenz Wissenschaft trifft Praxis
Claudia Kemfert
Hagen,
05.07.2013
| Energie - Klima - Umwelt: eine Veranstaltungsreihe des Bundestagsabgeordneten René Röspel mit namhaften Experten aus Wissenschaft und Politik
Anika Rasner
Colchester, Großbritannien,
03.07.2013
| Joint Empirical Social Science (JESS) Seminars: Institute for Social & Economic Research, University of Essex
Christian Krekel
Paris, Frankreich,
03.07.2013
- 05.07.2013| Economics for a Better World: New Directions in Welfare III. 2013 OECD-Universities Joint Conference