Michael H Riordan
Biographic Data
| ID | 5737101 |
|---|---|
| NAME | Michael H Riordan |
| GIVEN NAMES | Michael H |
| FAMILY NAME | Riordan |
| SIGNATURE | RIORDAN M H |
| AFFILIATIONS | Columbia University |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 27 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1984 |
| LATEST PUBLICATION YEAR | 2007 |
| H-INDEX | 3 |
Price and Variety in the Spokes Model
The spokes model of nonlocalized spatial competition provides a new analytical tool for differentiated oligopoly and a representation of spatial monopolistic competition. At the unique symmetric equilibrium of the spokes model, an increase in the number of firms leads to lower prices when consumers have relatively high product valuations, but, surprisingly, to higher prices for lower consumer valuations. New entry alters consumer and social welfa…
Cooperation and punishment under repeated majority voting
Advertising as a Signal
A great deal of advertising appears to convey no direct credible information about product qualities. Nevertheless, such advertising may indirectly signal quality if there exist market mechanisms that produce a positive relationship between product quality and advertising expenditures. Two models of this phenomenon are presented. In each, advertising signals quality in the short run. The models differ in their treatment of the effect of advertisi…
Price and Variety in the Spokes Model
The spokes model of nonlocalized spatial competition provides a new analytical tool for differentiated oligopoly and a representation of spatial monopolistic competition. At the unique symmetric equilibrium of the spokes model, an increase in the number of firms leads to lower prices when consumers have relatively high product valuations, but, surprisingly, to higher prices for lower consumer valuations. New entry alters consumer and social welfa…
Advertising as a Signal
A great deal of advertising appears to convey no direct credible information about product qualities. Nevertheless, such advertising may indirectly signal quality if there exist market mechanisms that produce a positive relationship between product quality and advertising expenditures. Two models of this phenomenon are presented. In each, advertising signals quality in the short run. The models differ in their treatment of the effect of advertisi…
Cooperation and punishment under repeated majority voting
Advertising as a Signal
A great deal of advertising appears to convey no direct credible information about product qualities. Nevertheless, such advertising may indirectly signal quality if there exist market mechanisms that produce a positive relationship between product quality and advertising expenditures. Two models of this phenomenon are presented. In each, advertising signals quality in the short run. The models differ in their treatment of the effect of advertisi…
Cooperation and punishment under repeated majority voting
Price and Variety in the Spokes Model
The spokes model of nonlocalized spatial competition provides a new analytical tool for differentiated oligopoly and a representation of spatial monopolistic competition. At the unique symmetric equilibrium of the spokes model, an increase in the number of firms leads to lower prices when consumers have relatively high product valuations, but, surprisingly, to higher prices for lower consumer valuations. New entry alters consumer and social welfa…
Economics (3 works) · Mathematics (2 works) · Merger and Competition Analysis (2 works) · Advertising (1 work) · Anecdote (1 work) · Apportionment (1 work) · Asset (computer security (1 work) · Business (1 work) · CITES (1 work) · Computer Science (1 work)