Narrow search
Showing 1 - 3 of 3
Cover Image
Price vs. quantity competition in a vertically related market
Alipranti, Maria; Milliou, Chrysovalantou; Petrakēs, … - 2014
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …
Persistent link: https://www.econbiz.de/10010351502
Cover Image
Using computer simulators for teaching macroeconomics at the undergraduate level
Angelov, Aleks; Vasilev, Aleksandar - 2016
The integration of technology in the educational process is becoming increasingly important for improving the 21st century student's understanding and retention of academic material. Being able to readily apply the theory covered in class and to automatically receive immediate feedback is...
Persistent link: https://www.econbiz.de/10011544089
Cover Image
Output commitment through product bundling : experimental evidence
Hinloopen, Jeroen; Müller, Wieland; Normann, Hans-Theo - 2013
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010204789