Using a panel data set on the local telecommunications companies reporting to the FCC
for 1988-95, this paper investigates the subadditivity of the cost function, as well as
technical and allocative inefficiency of the ...
This dissertation addresses issues of oligopoly markets where advertising plays a prominent role. The first study empirically investigates the effect of advertising regulations on equilibrium consumption of an addictive ...
This dissertation addresses two topics on market imperfections. First, chapter
2 presents a theoretical model that focuses on problems associated with informational
asymmetry. The model presents a dynamic signaling gam ...
The thesis presents a useful and effective blend of insights about macroeconomic business fluctuations and the effects of government expenditure in economic growth in Korea.
In Chapter I, I show that the joint behavior ...