Top PDF Firm behaviour in markets with capacity constraints
Firm behaviour in markets with capacity constraints
... firms’ behaviour in markets where firms’ long-run capacity decisions, made in the presence of uncertain demand, constrains short-run ...low capacity costs. Further- more, industry ...
91
Firm Behaviour in Markets with Capacity Constraints
... these capacity choices influence short-run ...how capacity constraints can change the nature of short-run ...choose capacity at stage one, then price at stage two after all firms observe ...
91
A MODEL OF FIRM BEHAVIOUR WITH EQUITY CONSTRAINTS AND BANKRUPTCY COSTS.
... financial markets are perfect, but play an important role in this context of imperfect financial markets due to their impact on the expected marginal bankruptcy ...
28
Joint Bidding under Capacity Constraints
... More surprisingly, there are some special markets con- figurations for which we find bid shading, but not dif- ferential bid shading. In our 2 × 2 × 2 case (two units, two firms and two plants each) there exists a ...
13
Unobserved Capacity Constraints and Entry Deterrence
... of firm might face relatively similar expansion costs, illustrating situations where financial markets are not capable of differentiating constrained and unconstrained incumbents, thus charging both types ...
44
Financing constraints and firm dynamics
... financing constraints: i) if the contraction period is long enough, then the drop in wealth can be so severe that she does not have enough funds to invest in variable capital; ii) if the contraction period ends, ...
179
Financial Constraints and Firm Dynamics
... a firm has actually been constrained or not, are well known to suffer from misreporting and sample selection bias, whose ef- fect is difficult to ...capital markets, it is the opinion of the credit supplier ...
34
Bidding markets with financial constraints
... ceptable bids increases with the working capital. This feature is present in a number of settings in which firms have limited access to external financial resources. One example is an auction in which the price must be ...
44
Capacity Management: Intra-Firm and Inter-Firm Perspectives.
... the capacity investment decisions, when the demand is random, the capacity is deterministic, and the capacity investment cost is linear in the invested capacity ...the capacity types: ...
210
Financial Constraints and Firm Export Behavior
... export markets or, from a complementary point of view, that external funds are an important determinant of firm export ...financial markets finds very limited ...foreign markets, but this ...
37
Bankruptcy, Finance Constraints and the Value of the Firm
... The rest of the paper is organized as follows. The primitives of the economy are laid out in Section I. The investment and portfolio choices of firms and consumers are described in Section II, together with their ...
35
Horizontal Mergers in the Presence of Capacity Constraints
... among capacity-constrained firms, and they find that “[i]n the case where the merged firm is capacity-constrained, there is no merger price ...the capacity constraints on the ...
28
Water Markets in Mexico: Opportunities and Constraints
... This district is divided into 17 modules which are irrigated by the Río Nazas, and 3 more modules irrigated by the Río Aguanaval. Major crops are cotton, alfalfa, beans, sorghum, walnuts, and maize. Recent trends show an ...
27
The dynamics of bidding markets with financial constraints
... the firm that carries more working capital wins but carrying working capital is costly for both ...the firm starts period t is equal to its consumption value plus the value of switching from laggard to ...
57
Competition in a Democratic Firm System: Failures and Constraints
... opposed markets to the point of discouraging their retention even during the transition to ...of markets in a post-capitalist economy, he concluded, it doubtless rendered “the prospect of basing socialism ...
17
Financial constraints in China: firm-level evidence
... firm’s capacity to ...budget constraints (Qian and Roland, 1998) where irrespective of their indebtedness, state-owned firms still find the financial means outside the firm to engage in ...of ...
30
Financial constraints in China: firm-level evidence.
... firm’s capacity to ...budget constraints (Qian and Roland, 1998) where irrespective of their indebtedness, state-owned firms still find the financial means outside the firm to engage in ...of ...
26
Firm Growth and Liquidity Constraints: A Dynamic Analysis
... finance constraints tend to hinder the growth of small and very small firms; on average, the growth of these firms is one-to-one related to internal funds, notably retained ...liquidity constraints measured by ...
18
Capacity Markets for Electricity
... of capacity increased their exports for periods during which external prices exceeded the PJM price and therefore de-listed their resources from the ...daily capacity credits exceeded the sum of ...
32
Collateral constraints and rental markets
... Abstract We study a benchmark model with collateral constraints and heterogeneous discounting. Contrarily to a rich literature on borrowing limits, we allow for rental markets. By incorporating this missing ...
14