BNET Business Dictionary
Business Definition for: Competitive Equilibrium Price
- the price at which the number of buyers willing to buy a good equals the number of sellers prepared to sell it
Additional Resources
- UST Q2 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And our first question comes from the line of Filippe Goossens with Credit Suisse. Please proceed. Filippe Goossens - Credit Suisse Yes, good morning, gentlemen, and congratulations on a strong performance here. Murray Kessler Good morning, Filippe. Filippe Goossens - Credit Suisse Good morning. My...
- Earnings calls 2007-07-26
- Three Principles of Competitive Nonlinear Pricing
- This article talks about the theory of contracting under asymmetric information. It focuses on three main principle of the theory such as: 1. It establish a competitive analog to the revelation principle which is known as an implementation principle. This principle provides a complete characterization of all incentive compatible, indirect...
- White papers 2002-06-01
- Competitive Firm Behavior With Simultaneous Price And Output Uncertainty
- While a competitive firm facing price uncertainty has been extensively studied, this is not so for output uncertainty. This paper analyzes the behavior of a competitive firm facing multiplicative output uncertainty, either with or without price uncertainty. The equilibrium was depicted and comparative static's results were obtained with the aid...
- White papers 2003-02-21
- First-Degree Discrimination in a Competitive Setting: Pricing and Quality Choice
- The paper investigates competition in price schedules among vertically differentiated dupolists. First order price discrimination is the unique Nash equilibrium of a sequential game in which firms determine first whether or not to commit to a uniform price, and then simultaneously choose either a single price of a price schedule....
- White papers 2005-01-01
- Price Prediction Strategies For Market-Based Scheduling
- In a market-based scheduling mechanism, the allocation of time-specific resources to tasks is governed by a competitive bidding process. Agents bidding for multiple, separately allocated time slots face the risk that they will succeed in obtaining only part of their requirement, incurring expenses for potentially worthless slots. We investigate the...
- White papers 2004-01-28
- Product Variety and Competitive Pricing in Consumer Goods Markets
- Manufacturer prices and the retail price are functions of the degree of variety offered by manufacturers. Given different choices in variety, equilibrium prices are calculated. This paper shows that manufacturers can raise prices and mark-ups if they increase variety and if competitors do not follow. In a more realistic scenario...
- White papers 2004-08-01
- Imperial Tobacco Group PLC FY07 Preliminary Earnings Call
- Question-and-Answer SessionUnidentified Analyst In the run up to Altadis during that process, I think you were quite clear that you felt that the scope of revenue synergies in Europe was not being fully appreciated. Now I presume that a significant part of that scope of revenue in...
- Earnings calls 2007-10-30
- Precision Castparts Corp. F2Q08 (Qtr End 9/30/07) Earnings Call Transcript
- Question-and-Answer SessionOperator The phone lines will now be open for questions. [Operator Instructions]. We'll take our first question from Robert Stallard with Banc of America. Rob Stallard - Banc of America Securities Hi guys. Mark Donegan - Chairman and Chief Executive Officer Hey Rob....
- Earnings calls 2007-10-24
- Monster Worldwide, Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator: [Operator Instructions]. Your first question will come from the line of Mark Mahaney with Citigroup Investments. Mark S. Mahaney - Citigroup Smith Barney Great, thank you. I hope you can hear me, two questions please. The first is any comments on where you think long-term...
- Earnings calls 2007-10-25
- A Model of Add-on Pricing
- This paper develops a model of competitive price discrimination with horizontal and vertical differentiation. The main application is to add-on pricing - advertising low prices for one good in hopes of selling additional products at high prices. Price discrimination is self-reinforcing: the model sometimes has both equilibria in which all...
- White papers 2004-06-01
- ENSCO International Incorporated Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator [Operator Instructions]. We'll take our first question from Pierre Conner at Capital One Southcoast. Please go ahead. Pierre Conner - Capital One Southcoast Good morning, gentlemen. Daniel W. Rabun - Chairman, President, and Chief Executive Officer Hi, Pierre. Pierre Conner -...
- Earnings calls 2007-10-25
- Asset Prices And Rents In A GE Model With Imperfect Competition
- This paper analyses the general equilibrium effects on asset valuation and capital accumulation of an exogenous drop in the rate of return required by investors in a model of production with imperfectly competitive product markets. The model improves substantially on the standard perfectly competitive neo-classical framework, by dissociating the behavior...
- White papers 2003-11-14
- Sales Promotion and Cooperative Retail Pricing Strategies
- Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level. Supermarket pricing results from tacitly collusive equilibria supported by...
- White papers 2004-08-05
- KGB TV: Michael Russell
- Mortgage Choice CEO Michael Russell tells Business Spectator's Alan Kohler and Stephen Bartholomeusz: Stephen Bartholomeusz: Michael, interest rates are finally on the rise. Has the enthusiasm with which people have approached the first home buyer's grant created a scenario where we could have a real issue in the housing market?...
- News items 2009-10-29
- Tax Competition, Location, And Horizontal Foreign Direct Investment
- The author has developed a model of capital tax/subsidy competition in which imperfectly competitive firms choose both the number and the location of the plants they operate. The endogenous presence of horizontal multinationals is shown to attenuate the "Race to the bottom" and yields some results that are opposite to...
- White papers 2006-02-21
- Intersil Corp Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator [Operator Instructions]. And your first question comes from the line of Uche Orji from UBS. Please proceed sir. Uche Orji - UBS Can you hear me? Rich Beyer - Chief Executive Officer and Director Yes. Uche Orji...
- Earnings calls 2007-10-17
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