Similar Search Results

Robustness to strategic uncertainty in price competition

Andersson, Ola; Argenton, Cédric; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2010

We model a player's uncertainty about other player's strategy choices as probability distributions over their strategy sets. We call a strategy profile robust to strategic uncertainty if it is the limit, as uncertainty vanishes, of some sequence of strategy profiles in each of which every...

Persistent link: https://www.econbiz.de/10008478921

Retail price levels and concentration of wholesalers, retailers, and hypermarkets

Asplund, Marcus; Friberg, Richard - Economics Institute for Research (SIR), … - 1999

This paper examines retail grocery price levels with a very large (unbalanced) panel of stores that operate in well-defined local markets. We explain price variation across grocery retailers by the concentration of wholesalers and retailers, and the market share of hypermarkets (and control for...

Persistent link: https://www.econbiz.de/10005190822

Sequential Moves and Tacit Collusion: Reaction-Function Cycles in a Finite Pricing Duopoly

Wallner, Klaus - Economics Institute for Research (SIR), … - 1997

-Markovian strategies are required for persistent profits in dynamic price-competition games. …

Persistent link: https://www.econbiz.de/10005651507

Debt as a (Credible) Collusive Device, or: "Everybody Happy but the Consumer"

Spagnolo, Giancarlo - Economics Institute for Research (SIR), … - 1998

The paper proposes a theory of the anti-competitive effects of debt finance based on the interaction between capital structure, managerial incentives, and firms' ability to sustain collusive agreements. It shows that shareholders' commitments that reduce conflicts with debtholders - such as...

Persistent link: https://www.econbiz.de/10005423775

Do Opponents' Experience Matter? Experimental Evidence from a Quantity Precommitment Game

Le Coq, Chloé; Sturluson, Jon-Thor - Economics Institute for Research (SIR), … - 2003

This paper investigates why subjects in laboratory experiments on quantity precommitment games consistently choose capacities above the Cournot level - the subgame-perfect equilibrium. We argue that this puzzling regularity may be attributed to players' perceptions of their opponents' skill or...

Persistent link: https://www.econbiz.de/10005190841

Subsidies in Oligopoly Markets: A Welfare Comparison between Symmetric and Asymmetric Costs

Hamilton, Stephen F.; Sandin, Rickard - Economics Institute for Research (SIR), … - 1995

This paper studies welfare effects of uniform production subsidies in oligopoly markets, comparing cases of asymmetric …

Persistent link: https://www.econbiz.de/10005190875

Competition in Interrelated Markets: An Empirical Study

Asplund, Marcus; Sandin, Rickard - Economics Institute for Research (SIR), … - 1995

This paper studies competition in small, concentrated and inter- related markets. Our data set consists of price … structure influences competition. The results show that if prices in nearby markets are low, and the distances to them are short …, it reduces prices, as suggested in models of spatial competition. Moreover, we find that prices in closely located …

Persistent link: https://www.econbiz.de/10005190885

Market Structure and the Price of Electricity: An ex ante Analysis of the deregulated Swedish Electricity Market

Bergman, Lars; Andersson, Bo - Economics Institute for Research (SIR), … - 1995

ensure competition in production and supply. The Swedish electricity market is characterised by a high degree of …

Persistent link: https://www.econbiz.de/10005190888

On Flexibility in Oligopoly

Ellingsen, Tore - Economics Institute for Research (SIR), … - 1994

The paper demonstrates that, even when firms' initial moves are simultaneous, the mere opportunity to wait out the opponent's move may be as harmful as a secondmover disadvantage.

Persistent link: https://www.econbiz.de/10005190889

Price Discrimination in Oligopoly: Evidence from Swedish Newspapers

Asplund, Marcus; Eriksson, Rickard; Strand, Niklas - Economics Institute for Research (SIR), … - 2001

This paper provides an empirical examination of third-degree price discrimination in the Swedish newspaper industry. The results show that price discrimination is more prevalent in competitive markets and among newspapers with low market shares. This supports predictions from recent theoretical...

Persistent link: https://www.econbiz.de/10005649186