Similar Search Results

Short Run Effects of Bleaker Prospects for Oligopolistic Producers of a Non-Renewable Resource

Grimsrud, Kristine; Rosendahl, Knut Einar; Storrøsten, … - 2014

In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a large resource owner’s optimal supply. New information regarding future market conditions that affect the resource rent will consequently impact current supply. Bleaker demand...

Persistent link: https://www.econbiz.de/10010328813

Market competition and lower tier incentives

Theilen, Bernd - 2008

The relationship between competition and performance-related pay has been analyzed in single-principal-single-agent models. While this approach yields good predictions for managerial pay schemes, the predictions fail to apply for employees at lower tiers of a firm's hierarchy. In this paper, a...

Persistent link: https://www.econbiz.de/10010264481

Strategic Corporate Social Responsibility

Planer-Friedrich, Lisa; Sahm, Marco - 2017

We examine the strategic use of Corporate Social Responsibility (CSR) in imperfectly competitive markets. The level of CSR determines the weight a firm puts on consumer surplus in its objective function before it decides upon supply. First, we consider symmetric Cournot competition and show that...

Persistent link: https://www.econbiz.de/10011698673

Imperfect Competition, General Equilibrium and Unemployment

Gersbach, Hans; Schniewind, Achim - 1999

We analyze whether different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real wage rigidity leads to unemployment. If firms consider...

Persistent link: https://www.econbiz.de/10010314992

The effects of disclosure regulation of an innovative firm

Jansen, Jos - 2005

A firm actively manages its rival's beliefs by disclosing and concealing information on the size of its process innovation. The firm's disclosure strategy results from the trade-off between two effects on product market incentives. First, the firm's competitor learns that the firm is efficient,...

Persistent link: https://www.econbiz.de/10010261185

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek; Sokol, D. Daniel - 2015

, collusion. …

Persistent link: https://www.econbiz.de/10011388208

Private Monitoring, Collusion and the Timing of Information

Khalil, Fahad; Lawarrée, Jacques; Scott, Troy J. - 2013

problem is to certify the private signal and make it public. When collusion between the certifier and the agent is an issue … if this certification raises the specter of collusion. …

Persistent link: https://www.econbiz.de/10010328839

Sustainabnility of Product Market Collusion under Credit Market Imperfections

Marjit, Sugata; Mukherjee, Arijit; Yang, Lei - 2016

We study the implications of credit constraints for the sustainability of product market collusion in a bank … degree of collusion, but a substantial increase keeps it unaffected relative to the no-constraint case. A permanent adverse … demand shock in this setup does not affect the possibility of collusion, but may aggravate financing constraints and …

Persistent link: https://www.econbiz.de/10011615847

Induced Price Leadership and (Counter-)Spying Rivals' Play under Incomplete Information

Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2019

We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...

Persistent link: https://www.econbiz.de/10012018167

Optimal Cross-Licensing Arrangements: Collusion versus Entry Deterrence

Choi, Jay Pil; Gerlach, Heiko - 2018

This paper analyzes optimal cross-licensing arrangements between incumbent firms in the presence of potential entrants. The optimal cross-licensing royalty rate trades off incentives to sustain a collusive outcome vis-a-vis incentives to deter entry with the threat of patent litigation. We show...

Persistent link: https://www.econbiz.de/10011887411