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We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity …
Persistent link: https://www.econbiz.de/10014264158
Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that … more intense competition may have the negative side-effect of eroding tax revenues by increasing tax evasion. This will be … weakly concave or convex and inelastic. The desirable result of more competition, less evasion and higher tax revenues will …
Persistent link: https://www.econbiz.de/10013316822
In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...
Persistent link: https://www.econbiz.de/10010270554
We modify the paper of Stahl (1989) on sequential consumer search in an oligopoly context by relaxing the assumption …
Persistent link: https://www.econbiz.de/10010261082
This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10010261272
DTCA if detailing competition is not too fierce, which is true if investing in detailing is sufficiently costly. Otherwise …
Persistent link: https://www.econbiz.de/10010261296
highlight that cross-ownership can be preferable to a horizontal merger under Cournot competition. Not only is it more …
Persistent link: https://www.econbiz.de/10012824811
We compare trade liberalization under Cournot and Bertrand competition in reciprocal markets. In both cases, the … typically greater under Bertrand competition; for higher trade costs the volume of trade is greater under Cournot competition …”, where welfare is higher under Bertrand competition even though no trade takes place …
Persistent link: https://www.econbiz.de/10012825385
evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …
Persistent link: https://www.econbiz.de/10012866378
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm’s Lerner index...
Persistent link: https://www.econbiz.de/10013314756