Showing 1 - 10 of 71
Two parties bargaining over a pie whose size is determined by the investment decisions of both. The bargaining rule is sensitive to the investment behavior. If a symmetric investments profile is observed, bargaining proceeds according to the Nash Demand Game; otherwise bargaining proceeds...
Persistent link: https://www.econbiz.de/10008455664
In this paper, two pairs of complementors have to decide whether to merge and eventually bundle their products. Depending on the degree of competitive pressure in the market, either both pairs decide to merge (with or without bundling), or only one pair merges and bundles, while rivals remain...
Persistent link: https://www.econbiz.de/10009651738
We examine a duopoly with polluting production where firms adopt a form of corporate social responsibility (CSR) to define their objective functions. Our analysis focusses on the bearings of CSR on collusion over an infinite horizon, sustained by either grim trigger strategies or optimal...
Persistent link: https://www.econbiz.de/10009319564
We investigate the feasibility of horizontal mergers in a homogeneous triopoly where firms compete in quantities and …
Persistent link: https://www.econbiz.de/10009647756
This paper investigates the strategic effect of bundling when a multi-product firm producing two complements faces 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...
Persistent link: https://www.econbiz.de/10008471552
We study the incentives towards horizontal merger among firms when the amount of capital is the strategic variable. We focus on is workers' cooperatives, but our conclusions apply also to employment-constrained profit maximisers. Within a simple oligopoly model, we prove that the horizontal...
Persistent link: https://www.econbiz.de/10010894283
We want to take a differential game approach with price dynamics to conduct an investigation into the consequences of horizontal merger of firms where the demand function is nonlinear. We take into consideration the open-loop equilibrium. We show that in relation to the fact that the demand is...
Persistent link: https://www.econbiz.de/10008828713
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. The bargaining rule is sensitive to investment behavior. Two games are considered. In both, bargaining proceeds according to the Nash Demand Game when a symmetric investments profile is...
Persistent link: https://www.econbiz.de/10010859822
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. Investment costs are heterogeneous. The bargaining rule is sensitive to investment behavior. Two games are studied which differ for the considered sociopolitical structure: communal...
Persistent link: https://www.econbiz.de/10010859841
In this paper we study marriage formation through a two-sided secretary problem approach. We consider individuals with nontransferable utility and two different dimensions of heterogeneity, a characteristic evaluated according to the idiosyncratic preferences of potential partners, and an...
Persistent link: https://www.econbiz.de/10010903813