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~isPartOf:"CEPR Discussion Papers"
~isPartOf:"Discussion Papers in Economics"
~isPartOf:"Discussion papers / Deutsches Institut für Wirtschaftsforschung"
~isPartOf:"NBER Working Paper"
~isPartOf:"SSE/EFI Working Paper Series in Economics and Finance"
~source:"repec"
~subject:"Oligopoly"
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1
Vertical Product Differentiation and Entry Deterrence
Lutz, Stefan
-
C.E.P.R. Discussion Papers
-
1996
This paper studies how the existence of a potential entrant influences an incumbent’s choice of quality in a model of vertical product differentiation and entry. Both firms face fixed set-up costs and quality-dependent costs of production, and compete on quality and price. With identical...
Persistent link: https://www.econbiz.de/10005504715
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2
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
Following new legislation the Swedish electricity market is about to be deregulated. The new system is designed to ensure competition in production and supply. The Swedish electricity market is characterised by a high degree of concentration on the seller side. In this paper we use a simple...
Persistent link: https://www.econbiz.de/10005190888
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3
Competition and Prices on the Emerging Nordic Electricity Market
Amundsen, Eirik S.
;
Bergman, Lars
;
Andersson, Bo
-
Economics Institute for Research (SIR), …
-
1998
The purpose of this paper is to quantitatively evaluate the impact on electricity prices of deregulation and free trade in the Nordic countries. The analysis is focused on the impact of increased competition on market power and the degree of monopolistic pricing. The major tool for our analysis...
Persistent link: https://www.econbiz.de/10005649248
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4
Are Markets More Competitive if Commodities are Closer Substitutes?
Schulz, Norbert
-
C.E.P.R. Discussion Papers
-
1995
Equilibrium prices of the variants of a differentiated commodity are shown to increase if the variants become closer substitutes, under a set of circumstances, which is by no means pathological. Rather, the underlying argument has a bearing on market prices, whenever a potential buyer does not...
Persistent link: https://www.econbiz.de/10005123586
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5
Trade Effects of Minimum Quality Standards with and without Deterred Entry
Lutz, Stefan
-
C.E.P.R. Discussion Papers
-
1996
In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Minimum quality standards, set uniformly or according to the principle of mutual recognition, can be used to increase welfare. The analysis...
Persistent link: https://www.econbiz.de/10005124268
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6
Vertical Product Differentiation, Quality Standards, and International Trade Policy
Lutz, Stefan
-
C.E.P.R. Discussion Papers
-
1996
alternative that always improves welfare in both regions when compared to the case without
regulation
. Under certain cost …
Persistent link: https://www.econbiz.de/10005136537
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7
Do Consumers Search for the Highest Price? Equilibrium and Monopolistic Optimum in Differentiated Products Markets
Schulz, Norbert
;
Stahl, Konrad
-
C.E.P.R. Discussion Papers
-
1995
We develop a model of search among substitutes for the best combination of commodity variant and price, in which the structure of search costs can be manipulated by the suppliers of these variants, e.g. by joining an existing market or opening a new one. We analyse the subgame perfect equilibria...
Persistent link: https://www.econbiz.de/10005136540
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8
Does Mutual Recognition of National Minimum Quality Standards Support Regional Convergence?
Lutz, Stefan
-
C.E.P.R. Discussion Papers
-
1996
In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10005136654
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9
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
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10
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
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