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oligopoly model with horizontally differentiated goods. We characterize the conditions under which IPJV is privately optimal …
Persistent link: https://www.econbiz.de/10008502127
The purpose of this article is to analyze how the presence of a competitive fringe, composed by price taker firms, can affect the sustainability of collusive equilibria. Our starting point is that there exists a diffused misunderstanding about its strategical role as collusive minus factor. We...
Persistent link: https://www.econbiz.de/10005423128
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete network is always pairwise stable and the partially...
Persistent link: https://www.econbiz.de/10005423183
for three specific linear quadratic games - Cournot oligopoly, Keynes’ beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10010665515
We consider a multimarket framework where a set of firms compete on two interrelated oligopolistic markets. Prior to competing in these markets, firms can spy on others in order to increase the quality of their product. We characterize the equilibrium espionage networks and networks that...
Persistent link: https://www.econbiz.de/10008674337
Firms raise cost-reducing alliances before competing with each other, but cannot fully internalize the shared knowledge. When spillovers are local and transit through the network of alliances, stable architectures with a moderate level of asymmetry are identified.
Persistent link: https://www.econbiz.de/10005570370