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A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast …
Persistent link: https://www.econbiz.de/10005556888
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any …
Persistent link: https://www.econbiz.de/10005062333
either chooses a R&D (and output) subsidy, or remains inactive. For a domestic duopoly a government taxes, subsidizes, or …
Persistent link: https://www.econbiz.de/10005556503
algorithm of social evolution and aspiration learning for asymmetric duopoly is presented. The evolutionary equilibrium in R …&D duopoly with spillovers is presented and analyzed. The results show that strengthening intellectual property rights protection …
Persistent link: https://www.econbiz.de/10005412931
duopoly with aggregate demand uncertainty. We find that limited liability and investment irreversibility is likely to produce … obligations in adverse states. However, market conditions themselves become endogenous in a duopoly since the quantity decisions … consequently monopolize the market. Therefore, the model of this paper explains predatory behavior in a duopoly without invoking …
Persistent link: https://www.econbiz.de/10005134505
dynamics of a 2- player Cournot duopoly, proposed by Puu (1997). We establish admissibility conditions on the initial state of …
Persistent link: https://www.econbiz.de/10005135005
is better for the duopoly producers than the Stackelberg's leader. This conclusion, however, does not prevail for the …, based on higher Cournot's profits than Stackelberg's profits. Keywords: Duopoly, Durable, Price, Profit. …
Persistent link: https://www.econbiz.de/10005135030
duopoly market with demand inertia to isolate the effect of network externalities. We find that experimental price dynamics …
Persistent link: https://www.econbiz.de/10005062732
We examine the effect of an oligopolistic upstream electronic market on upstream and downstream prices. The analysis highlights the two sources of competition that a firm that source from an electronic market (e- market firm) face: competition with less efficient firms that source traditionally...
Persistent link: https://www.econbiz.de/10005076853
monopolistic competition market - bordering on oligopoly. There is price leadership in determining the fees to be charged by the …
Persistent link: https://www.econbiz.de/10005556166