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A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests …
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Generalized maximum entropy may be used to estimate mixed strategies subject to restrictions from game theory. This …
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The 1990 Clean Air Act Amendments stipulated gasoline content requirements for metropolitan areas with air pollution levels above predetermined federal thresholds. The legislation led to exogenous changes in the type of gasoline required for sale across U.S. metropolitan areas. This paper uses a...
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costs after dropping out (as in a natural-oligopoly problem), the field is immediately reduced to N + 1 firms. Furthermore …
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