A5101653827- Consumer Market Behavior and Pricing
- Merger and Competition Analysis
- Luminescence and Fluorescent Materials
- Economic theories and models
- Molecular Sensors and Ion Detection
- Digital Platforms and Economics
- Efficiency Analysis Using DEA
- Advanced Photocatalysis Techniques
- Supramolecular Chemistry and Complexes
- Electrospun Nanofibers in Biomedical Applications
- Auction Theory and Applications
- Nanoplatforms for cancer theranostics
- Nanocluster Synthesis and Applications
- Carbon and Quantum Dots Applications
- Credit Risk and Financial Regulations
- Bone Tissue Engineering Materials
- Energy, Environment, Economic Growth
- Economic Theory and Policy
- Hydrogels: synthesis, properties, applications
- Corrosion Behavior and Inhibition
- Financial Markets and Investment Strategies
- Economics of Agriculture and Food Markets
- Global Financial Crisis and Policies
- Global trade and economics
- Metal-Organic Frameworks: Synthesis and Applications
Shandong University
2019-2024
Southwest Jiaotong University
2023
Hebei University
2021-2023
Abstract Consumers often stockpile goods to store for future consumption. The existing theoretical literature has focussed on a price-based explanation where stockpiling arises due temporary price reductions. In contrast, this paper explores transaction-cost-based consumers avoid the need incur transaction costs. It shows how costs lead positive consumer in an oligopoly equilibrium even when prices are expected fall. Relative no-stockpiling benchmark, such lowers profits, but improves and...
Abstract Consumer stockpiling involves the intertemporal demand substitution that allows firm to differentiate stockpilers from others and employ varying pricing strategies. In this paper, I set up a two‐period monopoly model incorporates consumer behavior investigate effect of stockpiling‐based pricing. equilibrium, show when level heterogeneity among consumers is high, can be used as device for identify preferences price discrimination. Welfare analysis suggests improves surplus profit...
Abstract Consumer stockpiling can result in biased empirical estimates of own‐ and cross‐price elasticities demand with significant implications for a range policy issues. To further the theoretical understanding such biases, I develop simple, yet general framework. For any given prices, show both biases be over‐ or underestimated depending upon single intuitive condition. then illustrate importance these insights by applying them to some example applications, including measurement market...
We examine the effect of privatisation on priority maximum-revenue tariff and optimum-welfare in an international mixed oligopoly with foreign competition optimal privatisation. demonstrate that when marginal cost domestic privatised firm is high enough, will exceed tariff. Moreover, due to higher rate leads degree privatisation, generates greater than does. Lastly, gap between number private firms their counterparts becomes larger,
This paper examines the dynamics of liquidity commonality currencies in emerging markets, a research area that has been subject to little academic investigation. We separately examine how markets and advanced vary between January 2006 June 2018 using daily data. find high for both during global financial crisis 2007–2009 sharp shrinks foreign exchange trading from 2013 2014. In contrast, European sovereign debt Quantitative Easing spillovers show time-varying impact on markets. Our results...