11 research outputs found

    Screening competition in mobile telephony†

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    This article presents a simple method for screening competition in differentiated products oligopoly with a small number of competitors. In many situations, estimation of price elasticities of demand may be impossible due to difficulties in defining demand or missing data on sales. However, even without information on price elasticities, in certain situations it is possible to test for the static noncooperative Nash-Bertrand equilibrium, which in the case of rejection, may be important screening information for antitrust authorities. The static noncooperative Nash-Bertrand equilibrium may be rejected when demand is linear and in the estimation of best-response functions, the coefficients on the competitors' prices are statistically greater than 0.5. The application of this method is illustrated by the example of German mobile telephony using monthly data between January 1998 and December 2002. According to the estimation results, the observed prices in the segment of low-users cannot be the outcome of a static noncooperative Nash-Bertrand equilibrium.

    Nutrition as a key factor for Cephalopod Aquaculture

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    Cephalopods are fast-growing animals, active swimmers and top predators, which require substantial amounts of food. As such, they show high metabolic rates dependent on a carnivorous diet, thus hypothetically linked to a predominant amino acid metabolism. Their body composition is mainly constituted by high levels of total protein, and their lipids, although quantitatively low, reveal the presence of substantial amounts of long-chain polyunsaturated fatty acids. All in all, little is known about their nutritional requirements, especially during the early stages, very prone to high mortalities under culture. This chapter is a brief account of key information concerning relevant points linked to the nutritional requirements that cephalopods have for proteins, lipids, carotenoids, carbohydrates, minerals and vitamins. Moreover, some considerations on populational metabolism are also presented.Peer reviewe
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