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Amir, Rabah; De Feo, Giuseppe - 2012

the corresponding Cournot equilibrium. From a methodological viewpoint we make extensive use of the basic results from the …

Persistent link: https://www.econbiz.de/10010343823

DIFFERENTIATED DUOPOLY WITH ASYMMETRICCOSTS: NEW RESULTS FROM A SEMINAL MODEL

Zanchettin, Piercarlo - University <Nottingham> / Department of Economics - 2003

This paper re-considers the comparison of Bertrand and Cournot equilibria in a differentiatedduopoly with linear demand …

Persistent link: https://www.econbiz.de/10005868812

Quantity competition vs. price competition under optimal subsidy in a mixed duopoly

Scrimitore, Marcella - 2012

This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity and price competition in a duopoly with differentiated products. By allowing for partially privatizing a state-controlled firm, we explore competition under different timings of...

Persistent link: https://www.econbiz.de/10011526650

BERTRAND AND COURNOT COMPETITIONS IN ADYNAMIC GAME

Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2003

This paper compares Bertrand and Cournot equilibria in a horizontallydifferentiated duopoly market with non … maybe higher under Cournot competition for moderate R&D productivities... …

Persistent link: https://www.econbiz.de/10005868906

Cournot vs Stackelberg Equilibria with a Public Enterprise and International Competition

Cornes, Richard; Sepahvand, Mehrdad - 2003

' order of moves to show that i) Cournot competition is not the subgame perfect Nash equilibrium of the extended game, ii) the …

Persistent link: https://www.econbiz.de/10014075193

Number of firms, rationing, matching, and knowledge : a comprehensive study of variations in experimental Kreps-Scheinkman markets

Jacobs, Martin - 2016

generally more competitive than the Cournot outcome, irrespective of whether the Cournot outcome is the Nash equilibrium or not …. Nevertheless, the Cournot model entails some predictive power. Exact Cournot choices are more likely to occur for both capacities … and prices under efficient demand rationing, where the Cournot outcome is the equilibrium, than under proportional …

Persistent link: https://www.econbiz.de/10011411149

Cournot meets Bayes-Nash : A discontinuity in behavior in finitely repeated duopoly games

Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2022

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

Persistent link: https://www.econbiz.de/10013295651

Cournot meets Bayes-Nash : a discontinuity in behavior in finitely repeated duopoly games

Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2023

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

Persistent link: https://www.econbiz.de/10014487322

Mergers under asymmetric information - is there a lemons problem?

Borek, Thomas; Bühler, Stefan; Schmutzler, Armin - 2004

We analyze a Bayesian merger game under two-sided asymmetric information about firm types. We show that the standard prediction of the lemons market model-if any, only low-type firms are traded-is likely to be misleading: Merger returns, i.e. the difference between pre- and post-merger profits,...

Persistent link: https://www.econbiz.de/10010315535

Privatization, Free Riding, and Industry-Expanding Lobbying : Additional Materials

Volokh, Alexander - 2015

This document, first created in 2007 and last updated in 2010, has now been superseded by the technical discussion in my 2010 article, Privatization, Free Riding, and Industry-Expanding Lobbying, in the International Review of Law and Economics and the plain-English discussion in my 2008...

Persistent link: https://www.econbiz.de/10013033332