Showing 1 - 10 of 150
A two-stage game is used in this paper to model a long-run market with spatially separated producers and with multi-period demands: first, firmas simultaneously and independently invest their capacities; second, after capacities are set up in the first stage and made public, firms engage in a...
Persistent link: https://www.econbiz.de/10005779442
An oligopoly with spatially dispersed producers and consumers and with multi-period demands is modeled in this paper.
Persistent link: https://www.econbiz.de/10005779539
In this paper we consider a model of oligopolistic competition where firms make a two-dimensional product line decision. They choose a location in style space, thus, inducing horizontal differentiation, and produce different qualities (a product line) of a given good (vertical differentiation),...
Persistent link: https://www.econbiz.de/10005478960
Long-run oligopolistic expansion behavior in an electricity supply market is modeled in this paper.
Persistent link: https://www.econbiz.de/10005634220
Strategic investment is studied in a model where oligopolists take decisions sequentially. First period investment determines second period wealth and output, and this is anticipated correctly by Cournot oligopolists. In our model with linear technology firms invest less as competition...
Persistent link: https://www.econbiz.de/10005669344
In this paper we review some of the literature on R&D collective arrangements using game theoretical concepts and considering various settings, involving either complete or incomplete contracts. Patent protection, licensing in various industry contexts as well as the role of various factors such...
Persistent link: https://www.econbiz.de/10010662661
This paper studies the impact of trade liberalization when monopolistically competitive and oligopolistic firms coexist in the same market. The model is characterized by a group of multi-product firms which behave strategically and take their impact on market aggregates into account (e.g. the...
Persistent link: https://www.econbiz.de/10010735623
We analyze whether and how the fact that products are not sold on free, public platforms but on competing for-profit platforms affects sellers? investment incentives. Investments in cost reduction, quality, or marketing measures are here the joint and coordinated efforts by sellers. We show...
Persistent link: https://www.econbiz.de/10005008622
We propose a model representing a newspaper producer suppying a product which can be acquired by the readers either every day per one unit at a time, or by subscription. The population of potentil buyers is differenciated according to the frequency at which they want to read the newspaper.
Persistent link: https://www.econbiz.de/10005779452
Decentralization in elctricity restructuring is a growing trend that Power Marketers are expected to take advantage of. We consider a market composed of Power Marketers, an Independant System Operator, generators and retailers.
Persistent link: https://www.econbiz.de/10005669277