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Consumers’ heterogeneity and prices in a CES -model of monopolistic competition
P. 147–154.
Osharin A., Verbus V. A.
We extend the Dixit and Stiglitz set-up by introducing consumer heterogeneity into a general equilibrium model of monopolistic competition. By getting a closedform solution for a symmetric equilibrium, we show how the market outcome depends on the joint distribution of tastes and labor productivities of consumers. In contrast to the traditional framework, the model predicts that the short-run equilibrium price may vary with the number of firms, demonstrating both anti- and procompetitive behavior, which is in accordance with economic intuition and empirical evidence.
In book
Кн. 1. , М.: Издательский дом НИУ ВШЭ, 2017.
Orlov I. B., В кн.: От имперской к советской и постсоветской государственности: декларируемый разрыв или реальная преемственность?.: М.: ИНИОН РАН, 2024. Гл. 7 С. 354–362.
In the chapter on Soviet and post-Soviet political culture, the latter is considered by contrasting the discontinuity or continuity of its historical development. ...
Added: March 22, 2025
Demidova O., Shchankina A., Экономика и математические методы 2025 Т. 61 № 2 С. 75–89
The article considers the interest rate channel of the monetary policy transmission of the Bank of Russia to the weighted average mortgage rate published on the website of the Bank of Russia and the "commercial" mortgage rate calculated by us less preferential loans. The main hypothesis tested in the article was that the reaction of ...
Added: December 25, 2024
Yulia Tyumeneva, Sudorgina Y., Basic and Applied Social Psychology 2024 Vol. 46 No. 5 P. 314–320
Likert scales rely on the assumption that psychological attributes are ordinal, meaning that the attribute levels a, b, and c are in transitive relations. Testing transitivity is possible through pairwise comparisons of attribute levels. Previous tests showed that people can violate transitivity, which calls into question the basic assumption of rating scales. We hypothesized that ...
Added: June 23, 2024
Ivanova A., Kuzmina Y., , in: The First Year at School: An International Perspective.: Switzerland: Springer, 2023. P. 293–305.
This section considers the issue of class composition in primary schools and its effect on pupils’ educational progress. It contains the results of two independent studies conducted in two countries with quite different contexts – Russia and the Netherlands. ...
Added: July 3, 2023
Lukyanova A., / Высшая школа экономики. Серия WP3 "Проблемы рынка труда". 2022. № 8.
The paper investigates how recent advances in the treatment effects literature can be applied to study gender pay inequality in Russia. The key parameter of interest is the mean unexplained gender wage gap. Using the RLMS HSE data for 2005–2020, we consider linear regression, Oaxaca-Blinder (OB) decomposition, and estimators based on propensity scores (PS) and ...
Added: December 20, 2022
Andreyanov P., Caoui E. H., Quantitative Economics 2022 Vol. 13 No. 3 P. 1203–1256
If bidders are better informed than the seller about a common component of auction heterogeneity, the seller can allocate more efficiently by keeping her reserve price secret and revising it using submitted bids. We build a model of a first-price auction under unobserved auction heterogeneity—imperfectly observed by the seller—that captures this rationale and derive conditions ...
Added: October 28, 2022
Liudmila A. Leonova, Valeriya V. Lakshina, Anna S. Aladyshkina, Economy of Regions 2022 Vol. 18 No. 3 P. 687–698
Health is a comprehensive phenomenon with many determinants. The influence of environmental
conditions on human health poses challenges for public health scientists. One of the main issues is the availability and relevance of the data on public health, including such indicators as morbidity and decease prevalence. In
this study, we overcome this obstacle by using micro data ...
Added: December 6, 2021
Roud V., , in: The Challenges of Technology and Economic Catch-up in Emerging Economies.: Oxford University Press, 2021. Ch. 6 P. 160–189.
This chapter looks at the contribution to the innovation capability measurement that is made through innovation surveys. The increased availability of data at the firm level provides new and comprehensive indicators on the accumulation of innovation capabilities. Better understanding of long-term dynamics and the heterogeneity of sectoral trajectories of innovation capabilities sets the stage for ...
Added: November 8, 2021
Напалков В. В., Novak A., Shulgin A. G., Деньги и кредит 2021 № 80(1) С. 3–45
This research analyses regional heterogeneity in the reaction of core inflation to shocks of a single monetary policy on the example of Russia. We use a global vector autoregression model to estimate impulse response functions of core inflation in Russian regions to monetary policy shocks. The average 5-year cumulative response of regional core inflation to ...
Added: March 31, 2021
Prosvirkina E. Y., Bert W., Journal of East-West Business 2021 Vol. 27 No. 3 P. 291–309
This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study’s results suggest that some top management characteristics have positive influence on the ...
Added: March 10, 2021
Kotov A., Пилясов А. Н., ЭКО 2012 № 9 С. 57–74
В статье защищается положение, что гетерогенность и её многочисленные проявления становятся важнейшими факторами современного экономического развития стран, регионов и местных сообществ - что позволяет охарактеризовать данный этап как абсолютно особый в развитии мировой экономики. ...
Added: June 20, 2020
Myachin A. L., , in: Proceedings of the 20th International Conference on Group Decision and Negotiation.: Ryerson University, 2020. P. 22.1–22.10.
The paper describes the assessment of data on the innovation development of individual countries and regions, taking into account a large number of different indicators. An overview of international and national approaches to the assessment of innovative development is presented: Global Innovation Index (Cornell University, INSEAD, and the World Intellectual Property Organization); Portfolio Innovation Index ...
Added: June 2, 2020
Daria G., В кн.: Древнейшие государства Восточной Европы. 2016 год: Памяти Г.В. Глазыриной.: М.: Университет Дмитрия Пожарского, 2018. С. 111–123.
The transition from the Norwegian narrative to the Icelandic one in Bjarnar saga Hítdælakappa creates such a contrast that for a long time this saga has been seen as particularly odd or clumsily made. This article argues that the contrast is due to the saga’s bipartite structure where one part serves as an introduction and ...
Added: April 23, 2020
Anikin V. A., The Journal of Comparative Economic Studies 2019 Vol. 14 No. 4 P. 19–50
The literature tends to neglect the role of individuals in formal skills training in Russia during the period of economic growth between 2001 and 2014. The present study addresses this oversight. Although to a certain extent, studies have associated the prosperous years of recent economic growth in Russia with training, they have not considered that the Russian population ...
Added: March 11, 2020
Ananin D., Преподаватель XX век, Россия 2017 № 2 С. 31–41
Содержательные и институциональные преобразования системы высшего образования в европейских государствах за прошедшие 15 лет привели к изменению контингента студентов вузов - росту гетерогенности студенчества. Численность так называемых «нетрадиционных студентов» увеличилась в несколько раз, что обуславливает необходимость учета вузами особенностей данной группы студентов при реализации учебных программ с целью обеспечения успешности их обучения. В статье рассматривается ...
Added: September 18, 2019
Ozhegov E. M., Ozhegova A., / Series 1905.12859 "Machine Learning". 2019.
This paper describes the results of research project on optimal pricing for LLC "Perm Local Rail Company". In this study we propose a regression tree based approach for estimation of demand function for local rail tickets considering high degree of demand heterogeneity by various trip directions and the goals of travel. Employing detailed data on ...
Added: May 31, 2019
Zaichenko N. A., Сапунова И. В., Инклюзия в образовании 2018 Т. 3 № 2(10) С. 56–73
The article presents some results of an empirical study conducted to identify the ideas of teachers and heads of educational organizations in St. Petersburg and the Leningrad Region about the problems of implementing the concept of inclusive education. In the process of research, the authors revealed differences and similarities in the respondents' perceptions about the ...
Added: March 12, 2019
Ozhegova A., Прикладная эконометрика 2018 Т. 52 С. 110–131
Many of business tasks requires revealing of consumer preferences. There are two main sources of preferences: actual sales data and consumer survey data. Both of these sources have substantial drawbacks. That is the reason why they are often combined into one dataset. In this paper we propose a methodology to estimate heterogeneous preferences on a ...
Added: October 11, 2018
Evgeniya Balabanova, Alexey Rebrov, Koveshnikov A., Management and Organization Review 2018 Vol. 14 No. 1 P. 37–72
Drawing on a dataset consisting of 344 personal interviews, participant observations, and internal documents collected in 26 privately owned business organizations in Russia, the study aims at complementing existing research on Russian indigenous management in three ways. First, it examines the managerial styles of key individuals (i.e. owners and/or CEOs) in the case organizations. Hence, ...
Added: April 16, 2018