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Cuahtemoc-Moctezuma) are analyzed which already have long formed part of an oligopoly because these two companies account for … more than 99% of beer market in this country. All this analysis is made from the perspective of game theory. The main … objective is to analyze the effects of competition and advertising from one to another brewer from a standpoint of game theory …
Persistent link: https://www.econbiz.de/10010948965
A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests …
Persistent link: https://www.econbiz.de/10010537443
This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg's theory on price leadership … the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstadter und Seitz. He looks back from a game theoretical …
Persistent link: https://www.econbiz.de/10008596490
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-theoretic approach to develop a theory of oligopoly pricing. Vives begins by relating classic contributions to the field--including those …The "oligopoly problem"--the question of how prices are formed when the market contains only a few competitors--is one … of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson--to modern game theory. In his discussion of basic game …
Persistent link: https://www.econbiz.de/10004973113
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any …
Persistent link: https://www.econbiz.de/10005062333
the characteristics of cartels predicted by economic theory, the instructor shows a movie of the "secret" meetings of the …) takes up the rest of the time. The lecture can be reduced to an hour by skipping the game theory section and going lightly …
Persistent link: https://www.econbiz.de/10005585288
playing a relatively large oligopoly game. The author constructs a playoff matrix and discusses various strategies and …
Persistent link: https://www.econbiz.de/10005600551
Oligopoly market is characterized by the production of homogenous commodities with very similar attributes. The market … to derive cost functions for production of this commodity at every oligopoly firm and a uniform price function for all …
Persistent link: https://www.econbiz.de/10010822838