In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …

This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers …

This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and … over a continuum of sectors, in each of which a small number of home and foreign firms engage in Cournot competition. I …

If an additional competitor reduces output per firm in a homogenous Cournot-oligopoly, market entry will be excessive …

oligopoly. We find that in the short run, i.e. when the number of firms in both markets is exogenous, the results concerning tax … exit over-shifting of both taxes is more likely to occur and is more pronounced under upstream oligopoly. As a result of …

advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order …

In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a …