Showing 1 - 10 of 69
Persistent link: https://www.econbiz.de/10013518435
The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept...
Persistent link: https://www.econbiz.de/10014015371
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the … theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are …
Persistent link: https://www.econbiz.de/10013520714
Managers in international joint ventures work with resources contributed by investors from multiple nationalities. Fan … Wu shows through a series of experimental studies among students and managers from China, South Korea, Germany, and the … are strongly motivating managers to make biased decisions. The two mechanisms can be used to balance each other out in …
Persistent link: https://www.econbiz.de/10014015591
Pascal Engel investigates how outside directors are incentivized in family firms that are publicly listed but still partly owned by members of the founding family. Owning families significantly influence their firms' corporate conduct with their own set of goals, sometimes in conflict with...
Persistent link: https://www.econbiz.de/10014021224
This is the first book to comprehensively examine the asymptotic behavior of dynamic monopolies, duopolies, and oligopolies where firms face information and implementation delays. It considers discrete and continuous timescales, continuously distributed delays, as well as single and multiple...
Persistent link: https://www.econbiz.de/10012396948
Theorem and Discriminatory Subsidy Policy -- Cournot Oligopoly Theory for Simple Electricity Markets -- Kant-Nash Equilibria … contributed volume was written to celebrate the 80th birthday of Prof. Koji Okuguchi, a pioneer in oligopoly theory. … Discontinuous Cournot Oligopoly -- Interpreting Markups in Spanish Manufacturing: the Exponential Model -- Privatization Neutrality …
Persistent link: https://www.econbiz.de/10014019773
The book focuses on the dynamics of nonlinear oligopoly models. It discusses the classical Cournot model with a large …
Persistent link: https://www.econbiz.de/10013521299
The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oligopoly came under … that the whole idea of rational expectations is untenable in dynamic oligopoly. Early original ideas in oligopoly theory … the spell of game theory in its probabilistic equilibrium format. Work by Cournot, von Stackelberg, Palander, and …
Persistent link: https://www.econbiz.de/10013522887
This book contains high-quality multi-disciplinary research contributions addressing theoretical and computational aspects of interaction and coordination of economic agents. It focuses on emergent phenomena and collective behavior in economic activities as well as on the development of...
Persistent link: https://www.econbiz.de/10013520505