A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have … with more noise in the private signals or more correlation among the costs parameters. In fact, for large values of noise …

uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition … private signals or more correlation among the costs parameters. In fact, for large values of noise or correlation supply …

demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many …The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear … recurring to cost savings of merger. Firms interact with each other, with customers, suppliers, their owners, and with …

approach used in earlier papers. Consumers choose between two duopoly carriers, each of which has evenly spaced flights, by …

We build a two-country model with an international duopoly and capital-market integration. We examine how the …

features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts …

-horizon dynamic general equilibrium setting. Employing the open-loop Stackelberg equilibrium concept to describe the interactive …