IDEAS/RePEc search
IDEAS search now includes synonyms. If you feel that some synonyms are missing, you are welcome to suggest them for inclusion
- Patricia M. Hillebrandt (2000): Market Supply Curves
While it is a truism that the supply curve of the market is made up of the total of what the firms in that market are able to supply at various prices, the variability of firms complicates the summation of individual supply curves. Moreover, other factors, which could be ignored for the firm having a relatively small share of the market, may dominate the market supply curve, thus making the total market supply curve different from the sum of the individual firms’ supply curves. These problems are discussed below and the conclusion for the supply curves of the firm and of the market are summarised in Table 11.1.
RePEc:pal:palchp:978-0-230-37248-1_11 Save to MyIDEAS - Kevin W. Capehart (2015): The Shape of The Oprah Supply Curve
The Oprah Supply Curve shows the relationship between the quantity of Oprah Winfrey supplied and her income. Although even a Nobel laureate has speculated on the shape of that curve, its shape has not been estimated. ... The curve appears to be backward bending. Thus, while Oprah may not be an obvious target for taxation, a higher tax rate might expand the quantity of services she supplies while also increasing tax revenues.
RePEc:sae:amerec:v:60:y:2015:i:1:p:63-73 Save to MyIDEAS - Liu, Ronghui & May, Tony & Shepherd, Simon (2011): On the fundamental diagram and supply curves for congested urban networks
We argue that supply curves, which track vehicles in their passage through congested networks, are needed for this purpose, and that they differ from the performance curves generated from MFD. We use a microsimulation model, DRACULA and two networks, one synthesizing the network for Cambridge, England, and one of the city of York, England, to explore the nature of performance curves and supply curves under differing patterns of demand. We show that supply curves differ from performance curves once the onset of congestion is reached, and that the incorrect use of performance curves to estimate demand can thus seriously underestimate traffic levels, the costs of congestion, and the value of congestion relief measures. We also show that network aggregated supply curves are sensitive to the temporal distribution of demand and, potentially, to the spatial distribution of demand. The shape of the supply curve also differs between origin-destination movements within a given network.
RePEc:eee:transa:v:45:y:2011:i:9:p:951-965 Save to MyIDEAS - Xu, Zhengtian & Yin, Yafeng & Ye, Jieping (2020): On the supply curve of ride-hailing systems
This paper studies the supply curve of ride-hailing systems under different market conditions. The curve defines a relationship between the throughput of trips of the system and the cost of riders it serves. ... The failure will cause the supply curve of an e-hailing market to be backward bending, but it is proved that the backward bend does not arise in the street-hailing market. By constructing a double-ended queuing model, we prove that the supply curve of an e-hailing system with finite matching radius is always backward bending, but a smaller matching radius leads to a weaker bend. ... We then turn to the anisotropic markets and identify another type of matching failure due to indiscriminate matching between drivers and riders, which again causes a backward bending supply.
RePEc:eee:transb:v:132:y:2020:i:c:p:29-43 Save to MyIDEAS - Campbell, Carl M. (2009): An efficiency wage - imperfect information model of the aggregate supply curve
This study derives a reduced-form equation for the aggregate supply curve from a model in which firms pay efficiency wages and workers have imperfect information about average wages at other firms. If specific assumptions are made about workers’ expectations of average wages and about aggregate demand, the model predicts how the aggregate demand and supply curves shift and how output and prices adjust in response to demand shocks and supply shocks. The model also provides an alternative explanation for Lucas’ (1973) finding that the AS curve is steeper in countries with greater inflation variability.
RePEc:pra:mprapa:15296 Save to MyIDEAS - James M. Buchanan (1971): The Backbending Supply Curve of Labor: An Example of Doctrinal Retrogression?
No abstract is available for this item.
RePEc:hop:hopeec:v:3:y:1971:i:2:p:383-390 Save to MyIDEAS - Arrigo Opocher & Ian Steedman (2008): The industry supply curve: Two different traditions
The present paper seeks to provide some new insights into the precise nature and the analytical foundations (or lack of them) of the familiar industry supply curve. ... It is argued that the second tradition did not really remedy the weak aspects of the Marshallian theory of supply.
RePEc:taf:eujhet:v:15:y:2008:i:2:p:247-274 Save to MyIDEAS - MARCEL BLAIS & PHILIP PROTTER (2010): An Analysis Of The Supply Curve For Liquidity Risk Through Book Data
We use order book data combined with tick data to analyze the supply curve models of liquidity issues in stock and option market trading. We show that supply curves really exist, and further that for highly liquid stocks they are linear. For slightly less liquid stocks the supply curve tends to be jump linear.
RePEc:wsi:ijtafx:v:13:y:2010:i:06:n:s0219024910006017 Save to MyIDEAS - Claude Bismut & Ismael Ramajo (2018): On the empirical relevance of the Lucas supply curve.
In this paper we extend the usual Lucas supply curve to allow the likely external influence on inflation, together with domestic conditions. ... These tests confirm the empirical relevance of the Lucas supply curve but also support the assumption that part of the inflation surprise may come from unexpected variations of the real exchange rate.
RePEc:hal:wpaper:hal-01954918 Save to MyIDEAS - Claude Bismut & Ismael Ramajo (2018): On the empirical relevance of the Lucas supply curve.
In this paper we extend the usual Lucas supply curve to allow the likely external influence on inflation, together with domestic conditions. ... These tests confirm the empirical relevance of the Lucas supply curve but also support the assumption that part of the inflation surprise may come from unexpected variations of the real exchange rate.
RePEc:hal:wpceem:hal-01954918 Save to MyIDEAS