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Asymmetries in labour relations can have important effects on imperfectively competitive rivalries between firms. Such asymmetries are particularly striking in cross-country comparisons and are therefore of greatest interest in international markets. Using a simple duopoly model, we focus on two...
Persistent link: https://www.econbiz.de/10012477031
In oligopolistic situations content protection can have unexpected effects as it changes the nature of interactions between input suppliers. With a duoply, it does so in a manner that makes the foreign firm wish to match price increases and decreases of the domestic firm. Domestic input...
Persistent link: https://www.econbiz.de/10012477233
In this paper we ask whether a policy of targeted export promotion can raise domestic welfare when several oligopolistic industries all draw on the same scarce factor of production. Our point of departure is one of Cournot duopoly in which a single home firm competes with a single foreign firm...
Persistent link: https://www.econbiz.de/10012477753
In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly …
Persistent link: https://www.econbiz.de/10012477861
This paper presents a theory of government intervention which provides an explanation for "industrial strategy …
Persistent link: https://www.econbiz.de/10012477907
In this paper we analyze taxation using the conjectural variations model of oligopoly. We demonstrate the way in which …
Persistent link: https://www.econbiz.de/10012478014
strategic effects of oligopoly from the effects this has on residual demand, we compare our model to one with monopolistic firms …
Persistent link: https://www.econbiz.de/10012481391
marginal costs nonparametrically, allow for unobserved firm heterogeneity, and nest a variety of equilibrium oligopoly models …) intuition for empirically discriminating between alternative models of oligopoly competition …
Persistent link: https://www.econbiz.de/10012463009
Market structure is determined by the entry and exit decisions of individual producers. These decisions are driven by expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a dynamic, structural model of entry and exit in...
Persistent link: https://www.econbiz.de/10012463337
Electricity restructuring has created the opportunity for producers to exercise market power. Oligopolists increase price by distorting output decisions, causing cross-firm production inefficiencies. This study estimates the environmental implications of production inefficiencies attributed to...
Persistent link: https://www.econbiz.de/10012465135