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We revisit the study of the dynamics of a duopoly game à la Bertrand with horizontal product differentiation and …
Persistent link: https://www.econbiz.de/10009294609
We study the local stability properties of a duopoly game with price competition, different product quality and … equilibrium in a duopoly market with price competition becomes under increasing strain. …
Persistent link: https://www.econbiz.de/10009294915
We study a two-stage duopoly game, where, at the first stage, firms choose if adopting or not a social responsibility … standard at the first stage of the game. In our model (a duopoly where marginal cost of the ethical firm is higher than …
Persistent link: https://www.econbiz.de/10005790459
The purpose of this paper is to investigate how socially concerned consumers' preferences affects firms' decisions to commit to social responsibility. In a market in which firms face the same demand function and products are homogeneous, we find that a large group of socially concerned consumers...
Persistent link: https://www.econbiz.de/10008543499
This paper considers price competition in a duopoly with quality uncertainty. The established firm (the `incumbent …
Persistent link: https://www.econbiz.de/10010660825
a Bertrand competition experiment as reported in Abbink & Brandts [Games and Economic Behavior, 63, 2008] …
Persistent link: https://www.econbiz.de/10005619772
equilibria in an asymmetric oligopoly are substantially different from those in the duopoly and symmetric oligopoly. I … which never arise either in the duopoly or symmetric oligopoly. In particular, the second finding sheds light on a …This paper investigates simultaneous move capacity constrained price competition game among three firms. I find that …
Persistent link: https://www.econbiz.de/10005621993
In the article, a model of oligopolistic (duopolistic) competition between two people smuggling syndicates is developed …
Persistent link: https://www.econbiz.de/10009151132
conditions. Our findings suggest that for the Bertrand competition in the second stage the revelation of the bids does not have … any impact on the level of social welfare. For the Cournot competition in the second stage, whether the disclosure of bids …
Persistent link: https://www.econbiz.de/10011109964
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620