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This paper examines how farmers producing differentiated quality products choose different governance structures in a non-cooperative game between farmers, enterprises, and consumers. A cooperative and an IOF (investor owned firm) coexist in equilibrium and low quality is delivered by the...
Persistent link: https://www.econbiz.de/10009381165
, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on …, a mixed duopoly outperforms both a private and a public duopoly due to an equilibrium price below (above) the price of … the private (public) duopoly. This medium price discourages overprovision of quality of the less efficient hospital and …
Persistent link: https://www.econbiz.de/10008667618
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In the context of a vertically differentiated duopoly model with endogenous quality choice, we analyzes the welfare …
Persistent link: https://www.econbiz.de/10014515772
We consider choice of options for a foreign innovating firm to license its technology for producing the high quality good to a domestic firm, or to enter the market of the domestic country with or without license. Under the assumption of uniform distribution about taste parameters of consumers;...
Persistent link: https://www.econbiz.de/10011573193
The paper proves the existence of a subgame perfect Nash equilibrium in a vertically differentiated duopoly with …
Persistent link: https://www.econbiz.de/10011713762
the equilibrium in a duopoly game with convex production costs. In this setting, each firm has the option to present a …
Persistent link: https://www.econbiz.de/10014426354
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The authors modify the price-setting version of the vertically differentiated duopoly model by Aoki (Effect of Credible …
Persistent link: https://www.econbiz.de/10009769066
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