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Persistent link: https://www.econbiz.de/10014229904
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
Persistent link: https://www.econbiz.de/10011451580
. In a homogeneous oligopoly, under standard regularity conditions, we prove that Cournot-Nash emerges both under (i) price … competition and Cournot conjectures; and (ii) supply function competition with ex post market clearing. We demonstrate both …
Persistent link: https://www.econbiz.de/10011715827
We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We...
Persistent link: https://www.econbiz.de/10014313556
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …
Persistent link: https://www.econbiz.de/10010351502
both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically …, may not fully cover market demand for an incumbent duopoly …
Persistent link: https://www.econbiz.de/10012896357
Persistent link: https://www.econbiz.de/10012507592
We study the collusive efficacy of competition clauses (CC) such as the meeting competition clause (MCC) and the … beating competition clauses (BCC) in a general framework. In contrast to previous theoretical studies, we allow for repeated …
Persistent link: https://www.econbiz.de/10012546930
competition in both markets. I consider a demand structure where both Cournot and Bertrand competition can be evaluated. Bundling … is completely ineffective when firms compete in quantities. On the contrary, under Bertrand competition, selling the two …
Persistent link: https://www.econbiz.de/10011737877
competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior …
Persistent link: https://www.econbiz.de/10011954459