Search results for "Marginal revenue"
showing 4 items of 4 documents
Second-best taxation for a polluting monopoly with abatement investment
2018
This paper characterizes the optimal tax rule to regulate a polluting monopoly when the firm has the possibility of investing in an abatement technology and the environmental damages are caused by a stock pollutant. The optimal policy is given by the stagewise feedback Stackelberg equilibrium of a dynamic policy game between a regulator and a monopolist. The regulator playing as the leader chooses an emission tax to maximize net social welfare, and the monopolist acting as the follower selects the output and the investment in abatement technology to maximize profits. We find that the optimal tax has two components. The first component is negative and equal to the gap between the marginal re…
ECONOMIC EVALUATION OF SHORT-TERM DECISIONS IN WINEGROWING FARMS
2014
The majority of small sized Sicilian winegrowing farms are placed in the first part of the supply chain. In this way they are subjected to the grapes prices fixed by the wineries, becoming price takers. This situation determines marginal revenues lower than average costs and in short-term a reduction of farmer income that it can allow to farm bankruptcy. In this context farmer should adopt economic strategies in order to obtain higher profit in a more and more competitive market. The aim of this paper is to understand whether, decreasing labor cost in short-term by means of process innovation, average costs of small sized Sicilian winegrowing farm do not exceed marginal revenues.
Following the Money: Revenue Stream Constituents in Case of Within-firm Variation
2014
The idea of this paper stems from the perception that the concept of revenue stream requires clarification and further division to be applicable to businesses with high internal variation in their methods of capturing revenue. Current study sets out to investigate the concept of revenue stream through an overview of previous literature and a case study to demonstrate how revenue streams of a b2b (business-to-business) software service firm can be analyzed by elaborating the concept further. The aim is to answer the following research questions: 1) What are the relevant constituents of the revenue stream concept within a b2b software services firm? 2) How revenue stream as part of the busine…
Good Intentions, Bad Results: The Effects of Newspaper Subsidies on Journalistic Quality
2013
News media play an irreplaceably important role in the successful working of democratic societies: they guarantee that citizens have access to information, are accurately informed, and actively take part in the political process. A crucial factor for the effective fulfillment of these democratic functions is an adequate level of journalistic quality.