• Publications
  • Influence
Groundwater: Focusing on the Real Issue
  • Micha Gisser
  • Economics
  • Journal of Political Economy
  • 1 December 1983
Most studies of the welfare economics of groundwater have focused mainly on the dichotomy between optimal control of groundwater use and no control at all. This article argues that, underExpand
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Agency Cost, Firm Size, and Exclusive Dealing
EXCLUSIVE dealing contracts constrain a seller to marketing the goods of only a single supplier. Traditionally, there have been two explanations for the existence of such contracts. One explanationExpand
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Advertising, Concentration and Profitability in Manufacturing
This paper predicts an inverted-U relationship between concentration and advertising only for oligopolistic industries facing relatively less elastic demand curves. It rejects the inverted-U theoryExpand
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  • 3
Price Leadership and Dynamic Aspects of Oligopoly in U.S. Manufacturing
  • Micha Gisser
  • Economics
  • Journal of Political Economy
  • 1 December 1984
This study, which covers a sample of 314 four-digit industries taken from an exhaustive set of 450 four-digit industries, shows that increases in concentration associated with rising productivityExpand
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  • 1
Price Leadership and Welfare Losses in U.S. Manufacturing: Reply
A model of price leadership is used to estimate the welfare losses dueto monopoly in U.S. Manufacturing. Given that the leaders behave independently, an hypothesis confirmed empirically, theExpand
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  • 1
Water Markets and the Prior Appropriation Doctrine
Economics deals with the allocation of scarce resources among many consumer goals. Water is a scarce resource in the southwestern states and a plentiful resource in the humid eastern states.Expand
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Some Anomalies Arising from Bandwagons that Impart Upward Sloping Segments to Market Demand
In Gary Becker’s (1991) theory of bandwagon effects, a portion of market demand is positively sloped. In this, he ignores Harvey Leibenstein’s (1950) hypothesis that market demands for bandwagonExpand
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One Monopoly Is Better Than Two: Antitrust Policy and Microsoft
The Department of Justice recent case against Microsoft is that it should not be allowed to aggressively maintain control over the internet browser market with the objective of preventing theExpand
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Introduction to price theory
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Needed Adjustments in the Supply of Farm Labor
The problem of farm labor adjustment to economic growth is considered. The article attempts (a) to construct a theoretical model of the farm labor market, (b) to utilize available econometricExpand
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