Intertemporal Optimization with Systematically Shifting Cost and Revenue Functions

1966 ◽  
Vol 7 (2) ◽  
pp. 204 ◽  
Author(s):  
Henry Y. Wan Jr
Keyword(s):  
Intertemporal Optimization ◽  
Revenue Functions

Revenue functions for hotels within clusters

2021 ◽  
Vol 98 ◽  
pp. 103016
Author(s):  
Mike Tsionas ◽  
A. George Assaf
Keyword(s):  
Revenue Functions

Traders’ market power along Indonesian rubber value chains

2017 ◽  
Vol 9 (2) ◽  
pp. 169-187 ◽  
Author(s):  
Thomas Kopp ◽  
Bernhard Brümmer
Keyword(s):  
Market Power ◽  
Design Methodology ◽  
Value Chains ◽  
Business Practices ◽  
Data Set ◽  
Content Type ◽  
Marginal Value ◽  
Innovative Methodology ◽  
Individual Market ◽  
Revenue Functions

Purpose While traders of agricultural products are known to often exercise market power, this power has rarely been quantified for developing countries. The paper aims to discuss this issue. Design/methodology/approach In order to derive a measure, the authors estimate the traders’ revenue functions and calculate the marginal value products directly from them. The authors subsequently find the determinants affecting their individual market power. Findings Results show that market power at the traders’ level exists and is substantial. This market power is amplified in situations of extreme remoteness, and weakens with increasing market size. Originality/value An exceptional data set with detailed information on the business practices of rubber traders in Jambi, Indonesia is employed with an innovative methodology to directly estimate revenue functions.

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