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In this paper, we aim at investigating if the conventional wisdom, that an increase of competition linked to a decrease in the degree of product differentiation always reduces firms’ profits, remains true in a unionized duopoly model with labour decreasing returns. In this context, mixed...
Persistent link: https://www.econbiz.de/10010933010
The present paper analyses the effects on social welfare of a partial crossparticipation at ownership level in a differentiated Cournot duopoly. We show that cross-participation, despite the fact it appears as an anti-competitive practice which reduces the degree of market competition, may...
Persistent link: https://www.econbiz.de/10010933022
We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro-founded differentiated products demand. The present analysis, which modifies and extends Zhang et al. (2007) Zhang, J., Da, Q., Wang, Y., 2007. Analysis of nonlinear duopoly game with...
Persistent link: https://www.econbiz.de/10009321777
A classical differentiated duopoly model is cast in a two regions' framework. An entrant firm, which locates in the other region from the incumbent, comes in and competes with the rival, under markets' segmentation. In the first stage of the game, it has to choose product differentiation. The...
Persistent link: https://www.econbiz.de/10005636483
This paper aims at investigating if the conventional wisdom, that a decrease in the degree of product differentiation (which implies increasing competition) always reduces firms’ profits, remains true in a differentiated duopoly model with decentralized, or firm-specific, monopoly unions. In...
Persistent link: https://www.econbiz.de/10008918533